BPPT, Korea concur on cooperation for development of green technology
Jakarta (ANTARA) – Indonesia’s Agency for Technology Assessment and Application (BPPT) and Seoul-based Green Technology Center-Korea were on the same page over cooperation in green technology through the launch of the Green Technology Partnership Initiative (GTPI). “The GTPI will bring about an improvement in research and development pertaining to green technology under the partnership scheme […]
Medco looks for strategic investors to support power plant development
Publicly listed energy company PT Medco Energi Internasional plans to sell shares of its subsidiary PT Medco Power Indonesia (MPI) as a part of its strategy to reorganize its portfolio and strengthen power plant development. Medco Energi chief planning and financial officer Anthony R. Mathias said on Monday that his company had appointed US-based investment bank JP Morgan Chase […]
Indonesia should put more energy into renewable power
Air pollution is worsening in Jakarta and West Java, while tens of millions of people experienced a day-long blackout earlier this month after gas-powered electricity generators failed and significant proportions of eastern Indonesia have do not have reliable power supplies. So why does Indonesia remain so reliant on fossil fuels? For an archipelago as large as Indonesia, located along the […]
Indonesia Plans to Cut Energy Subsidies by 3.4% Next Year
Jakarta. The government has proposed cutting energy subsidies by 3.4 percent in next year’s state budget, as it is confident that effective targeting measures would ensure that the benefits only reach those most in need. It plans to spend Rp 137.5 trillion ($9.7 billion) on energy subsidies in 2020, compared with the Rp 142.6 trillion earmarked in […]
PT Star Energy plans to expand its geothermal capacity in Indonesia by more than 300 MW by 2028
PT Star Energy continues to develop Geothermal Power Plants (PLTP). Just so you know, Star Energy is a subsidiary of Prajogo Pangestu’s Barito Pacific. Hendra Soetjipto Tan, Chief Executive Officer of Star Energy Geothermal, Hendra Soetjipto Tan said that the company plans to increase the capacity of the power plant to 1,200 MW. He said […]
Government regulations holding back geothermal development in Indonesia
The slow development of geothermal energy projects has been slow, as was revealed at the recent Indonesia International Geothermal Conference in Jakarta, Indonesia. Industry players continue to complain about the power purchase price provisions by state energy company PT PLN based on the current regulations. In a statement to local news, Riki Firmandha Ibrahim, Managing Director […]
Batan to cooperate with Indonesian power company
The MoU was signed yesterday in Ancol, North Jakarta, by the head of Batan, Anhar Riza Antariksawan, and the acting director of Indonesia Power, Ahsin Sidqi. The scope of the cooperation covered by the MoU includes a feasibility study on the use of nuclear energy for power plants, as well as the potential use of thorium, uranium […]
Renewable energy plants development remains sluggish: Kalla
Jakarta (ANTARA) – Indonesia has a sluggish development of renewable energy power plants, which is necessary to fulfill the stockpiles of its national electricity, Vice President Jusuf Kalla said Tuesday. “This condition must collectively be responded to,” he told attendees at Indonesia’s 7th International Geothermal Convention and Exhibition 2019 here Tuesday. Kalla encouraged the Energy […]
