How much does solar PV cost in Indonesia?
Similar to wind, current installed solar PV capacity in Indonesia is only 90 MW, with the capital cost still ranges from 700 to USD/ kW, higher than capital costs in Europe, China and India which mostly below USD/kW (IRENA, ). The cost in leading markets even reaches below 500 USD/kW in (Vartiainen, et. al, ).
How much does electricity cost in Indonesia?
The Indonesian utility company PLN provides electricity at a basic rate of 9.72 cents/kWh to customers who subscribe to a maximum power of 10 A ( VA). Fig. 5 compares the electricity price of the LCOE of the considered rooftop PV system.
Does Indonesia support rooftop solar PV?
Timeline of rooftop solar PV policies in Indonesia. The MEMR cooperated with the United Nations Development Program (UNDP) in Indonesia to support rooftop PV implementations and introduced an incentive program for rooftop PV systems.
How much solar power will Indonesia have in ?
Based on the solar energy utilisation roadmap that has been made by the Government, the target installed solar panel capacity in is 3.6 GWp. Despite being realistic, this target is still quite far away and would be difficult to achieve if there is no cooperation from the sectors highly involved with the electricity sector in Indonesia.
Why is the number of rooftop photovoltaic systems increasing in Indonesia?
The number of rooftop photovoltaic (PV) systems in Indonesia has increased massively following the implementation of the net-metering (NEM) scheme. However, it is still below the target due to high investment costs and low electricity prices.
How much does a solar PV installation cost?
The LCOE for the international benchmark, without PLN charges, is in line with those reported in Singapore for a ground-mounted 5 MW installation, 48.60 US$/MWh. The tool calculates an IRR of 16.44%, and a pay-back period of 6 years. IEA estimated that in , Solar PV installations in Indonesia had an LCOE of 80 US$/MWh.
LEVELIZED COST OF ELECTRICITY IN INDONESIA
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