Pertamina Geothermal Energy targets increase of geothermal capacity to 1,112 MW by 2026
Pertamina Geothermal Energy is targeting an increase of its installed geothermal power generation capacity to 1,112 MW, nearly double its current capacity of 617 MW. This would require investments of up to $2.7 billion according to Ali Mundakir, President Director of Pertamina Geothermal.
In conjunction with the ongoing 7th Indonesia International Geothermal Convention & Exhibition (IIGCE), Pertamina Geothermal Energy announced that it has targeted the increase of its geothermal power generation capacity to 1,112 MW by 2026.
Pertamina Geothermal Energy (PGE) plans to invest US $ 2.68 billion or around Rp 38.4 trillion until 2026 to develop geothermal power plants (PLTP). With this investment, PGE targets PLTP capacity to increase to 1,112 MW, almost double the current 617 MW.
PGE President Director Ali Mundakir said, in the near future, there will be additional capacity as the operation of PLTP Mouth Balai Unit 1. “Right now 617 MW is added by Lumut Balai 55 MW,” Ali said at the 7th IIGCE in Jakarta, Tuesday (8/13).
So far, PGE’s geothermal power plants that have been in operation are Kamojang (235 MW), Ulubelu (220 MW), Lahendong (120 MW), Karaha (30 MW) and Sibayak (12 MW). The investment funds for the addition of power plants come from the holding company, Pertamina.
At the conference, Ali revealed that the Hululais Geothermal Power Plant is targeted to be able to operate commercially in stages with a capacity of 2 x 55 MW in 2022 and 2023. At present PGE has drilled 21 wells and will drill 21 add two injection wells.
“In total there are 23 wells, in 2022 there will be additional additions from PLTP Hululais,” he said. The company is also developing the Seulawah PLTP in Aceh. According to him, the Seulawah PLTP will be developed in stages, with a projected total capacity reaching 55 MW-110 MW.
“If you usually wait a long time (then production), but once the well is drilled, it can be produced,” he said.
PGE will also increase the capacity of geothermal power plants in existing fields. “Optimizing the existing field, we extract the heat,” he said.
Optimization in the range of 5 MW to 20 MW. To achieve the capacity target, Ali said his parent company, Pertamina, would take part in the auction of Geothermal Working Areas (WKP) offered by the government. If it wins, it will be assigned to PGE. However, he did not disclose the area of ??work being targeted. “We really need a new WKP so we can grow like that,” Ali said.
Source: Kata Data