Market Brief
Indonesia Seeks $15 Billion Investment to Meet Geothermal Target by 2025, an Industrial Info Market Brief
Indonesia may require up to $15 billion in investments to meet its target of 7.2 gigawatts (GW) of geothermal power by 2025, and the country is seeking ways to reduce project costs
Released Wednesday, October 23, 2019
Indonesia may require up to $15 billion in investments to meet its target of 7.2 gigawatts (GW) of geothermal power by 2025, and the country is seeking ways to reduce project costs.
According to data from state-owned utility PT Perusahaan Listrik Negara (PLN), coal makes up about 60% of Indonesia's energy mix, versus about 5% from geothermal. Indonesia's geothermal market has developed slowly over the past decade, but the PLN hopes to accelerate it. Proposals include partially reimbursing development costs, including roads and bridges.
Click here for a list of geothermal projects in Indonesia, and see map below.
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