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Indonesia's geothermal energy investment needs will reach US$15 billion by 2025

 Last Update: 2023-01-02
 Source: Internet
 Author: User

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Indonesia could need $15 billion in investment to meet its goal of reaching 7.
2 gigawatts (GW) of geothermal capacity by 2025, and is studying ways
to reduce project costs, Energy ministry officials said Tuesday.

Currently, F.
X.
Bush, Director-General of the Renewable Energy Department of the Ministry of Energy and Mineral Resources.
Sutijastoto said geothermal energy currently generates less than 2 GW
.

Earlier, Indonesia's vice president said in a speech that the development of geothermal energy in Indonesia over the past decade has been "very slow" and that the dependence on coal power has led to air pollution
around the capital, Jakarta.

According to state utility PT Perusahaan Listrik Negara (PLN), coal currently accounts for about 60% of the country's energy mix, while geothermal energy accounts for about 5%.

Sutijastoto said the Energy Department is drafting to accelerate project construction to achieve the goal
.
PT Pertamina Geothermal Energy, a division of state energy company PT Pertamina, aims to invest $2.
7 billion in geothermal power generation
by 2026.
The company aims to increase its geothermal capacity from the current 672 MW to 1.
1 GW
by 2026.

terrestrial heat

Currently, F.
X.
Bush, Director-General of the Renewable Energy Department of the Ministry of Energy and Mineral Resources.
Sutijastoto said geothermal energy currently generates less than 2 GW
.

According to state utility PT Perusahaan Listrik Negara (PLN), coal currently accounts for about 60% of the country's energy mix, while geothermal energy accounts for about 5%.

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