Indonesia needs $15 billion investment to meet geothermal target by 2025
JAKARTA (Reuters) – Indonesia may require an estimated $15 billion (£12.43 billion) in investment to meet its target of reaching 7.2 gigawatts (GW) of geothermal power capacity by 2025 and is studying ways to reduce project costs, an energy ministry official said on Tuesday. The capacity would be an increase from less than 2 GW of […]
In Indonesia, Energy Reform Takes a Back Seat to Pragmatism
Pragmatism is winning out over ambition, at least as far as energy reform in Indonesia is concerned. When he assumed office in 2014, Indonesian President Joko “Jokowi” Widodo promised big changes for both the upstream and downstream energy sectors in an effort to attain greater local control of hydrocarbon production and stanch the flow of state funds […]
Indonesia President wants B30 in use by Jan 2020: cabinet secretary
Indonesia currently has a mandatory B20 program that Widodo told a cabinet meeting could save the country around $5.5 billion dollars per year in fuel imports, if it was implemented consistently, according to the Cabinet Secretary. The Indonesian government has been ramping up efforts to boost domestic use of palm oil, the feedstock for its […]
Indonesia president signs new EV decree to bolster industry
JAKARTA: Indonesian President Joko Widodo on Thursday signed a decree laying out government support for electric vehicle (EV) industry in the country, looking to leverage its wealth of essential metals. The key to the EV industry was in the construction of batteries, and the “raw materials to make a battery: cobalt, manganese and others, we have in this country,” […]
PLN urged to expand geothermal power plant development in Indonesia
With recent news of a power outage seeing demand for alternative power sources, as reported by VOA News, Director of PT Geo Dipa Energi Riki Ibrahim highlighted how geothermal power plants can very easily provide backup power should gas-fired power plants fail. Considering its reliability and low carbon emission, Riki has urged PT PLN (Persero) support […]
Moeldoko-Bakrie Racing to Pioneer Electric Buses
several companies began to target the development of electric buses in Indonesia. Various entrepreneurs are competing to pioneer the establishment of electric bus industry in the country, ranging from the Bakrie Group and Astra to government officials. This is in line with the government’s plan to reduce gas emissions that contribute to air pollution in […]
Solar companies struggle with renewable energy policy in Indonesia
Solar power companies in Indonesia are struggling to keep their margins intact. The Government of Indonesia had announced a renewable energy target of 23% to reach by 2025. In order to push installations of renewable energy, the Government has introduced various regulations through different ministries. However, companies are protesting against some of the regulations as […]
Indonesia needs electricity reserves: Energy watch
Jakarta (ANTARA) – The executive director of Energy Watch, Mamit Setiawan, said that Indonesia needs electricity reserves to anticipate incidents of power outages that can cripple business and public facilities, especially in big cities. “Energy reserves are very important when electricity infrastructure is paralyzed. It must be quickly resolved,” Setiawan said when contacted in Jakarta […]
