State-Owned Enterprises Dominate Indonesia's Geothermal Sector, an Industrial Info Market Brief
Attachment: Indonesia geotherm 1120
As the cost of geothermal exploration continues to soar, geographically remote areas have become more difficult for Indonesia's geothermal developers, especially state-owned enterprises. Among their challenges are limited financing, long-term capital returns and exploration costs. Despite these risks, Indonesia's state-owned developers continue to dominate the nation's geothermal market.