Hope remains for new geothermal legislation this summer in Indonesia
Dieng, Banjarnegara, Indonesia (source: flickr/ druidabruxux, creative commons)
Francisco Rojas
16 Jul 2014
The long awaited law that might declassify geothermal as a mining activity and free for exploitation nearly half of the country's geothermal potential might come at the end of the summer in Indonesia.
There is still hope that this summer, the Indonesian Government would finally put a new legislation in place that would declassify geothermal as a mining activity in the country, allowing for the potential exploitation of 12,000 MW of geothermal energy that are locked down in the forest regions.
The local news source informs that it is estimated by the Energy and resources Ministry that nearly half of all the country’s geothermal hot spots are within these forest areas. Currently, less than 5% of the geothermal resources are being exploited and considering the growth in electricity consumption, the country’s dependency on imported oil and the rising prices of it; the need for a green alternative that is already waiting to be exploited is paramount.
Sources claim that this new legislation my pass this summer, but the earliest news would be at the end of next month, since The House is in recess until then.
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Source: Jakarta Globe Website
