State-Owned Enterprises Dominate Indonesia's Geothermal Sector, an Industrial Info Market Brief

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.