Indonesia to double renewable energy output within the next 10 years
Lake Maninjau crater lake, West Sumatra, Indonesia (source: flickr/ Indrani Soemardjan, creative commons)
Francisco Rojas
16 Jun 2015
Carbon emission targets, attracting private investment and a moratorium on forest concessions are all part of the country's plan to boost renewable energy.
As we have pointed out in several occasions, Indonesia is in dire need for energy and it si trying to reduce the need for costly imported fossil fuels by developing its renewable energy potential.
In order to do so, the country is setting very ambitious goals for new energy development, namely geothermal and hydro. According to Channel NewsAsia “Indonesia aims to double its use of renewable energy in 10 years. It plans to have 30,000 megawatts of power generated from geothermal, hydro, wave and solar energy.”
This is easier said than done, since a massive amount of investment is needed to achieve the goal. With this is mind, the country’s government is encouraging private investors to participate in said investment and talks are happening at the moment to set incentives in place.
Other measures taken by the government are the setting of a moratorium on forest concessions (following massive forest destruction to fires and peat terrain conversion) and setting carbon emission targets to curb CO2 emissions.
To read more on the subject, please follow the link.
Source: Channel NewsAsia
