Indonesia Only Utilizes 10 Percent of Geothermal Energy
14 December 2018 13:20 WIB
TEMPO.CO, Jakarta - The Indonesian Government revealed that the use of geothermal energy for power plants in the country has only reached 1,698.5 MW or 10 percent of the current reserve.
Meanwhile, there are 331 potential locations for geothermal that are spread across Indonesia which is very strategic to invest for the country’s national energy needs, as set by the National Energy Policy (KEN).
Read: Indonesia Plans to Step Up Use of New Renewable Energy
“We have 17,506 MW of geothermal reserve and up to 11,073 MW resources that have not been optimized. This can be a chance for investors to fulfill the national energy needs,” said Dadan Kusdiana, an official at the Energy and Mineral Resources Ministry, on Tuesday, September 12.
Dadan explained that the government must be able to facilitate geothermal investors through fiscal and non-fiscal incentives. Although the government has issued a special regulation regarding geothermal through Law No. 21/2014 on Geothermal.
Based on the improved capacity of the geothermal power plant, the Ministry predicts that Indonesia will be able to be the largest geothermal electricity producer in the world by 2021. It is also predicted that Indonesia will be able to surpass the Philippines as the second country with the most use of geothermal energy by 2018.
ANTARA
