Asia has been rapidly industrializing since at least the year 2000. One of the limiting factors on this growth has been the availability of energy generation capability as the electrical power market has struggled to keep pace. World electricity demand is rising rapidly driven mainly by growth in Asia. It is projected to increase over 70% between 2010 and 2035 with Asia overall is expected to account for 64%.
The Indonesia power generation market is expected to reach US$63.6 bn by the end of 2022. This market was recorded at US$14.1 bn in 2013 and is projected to expand at an 18.70% CAGR within a forecast period from 2014 to 2022. The Indonesia power generation market has been segmented to improve user perspective. It is segmented on the basis of the technology used into combined cycle power generation, hydro power generation, geothermal power generation, oil-fired power generation, natural gas-fired power generation, and coal-fired power generation. Of these, the Indonesia power generation market was led by coal-fired power generation technology in 2013, when it was used to generate nearly 54% of the overall electricity in the region.
Asia is already a key market for power industry suppliers. The long-term nature of power developments in the region confirms that it will be of continuing international importance. Asia Power & Electricity Convention 2016 (APEC2016), Asia’s leading rail conference scheduled for 23 – 24 November 2016 in Jakarta, will continue to serve as the leading platform for major industry players to establish winning Asia strategies. Under the theme of “Unearthing New Opportunities in Asia’s Energy Sector”, we will address the most crucial issues which determine your performance objectives in Asia. APEC 2016 will help you to better analyze of Asia’s dynamic power industry and further identify the strategic role of Southeast Asia in your global business plan.