News

PGE has set aside $432 million for projects, new plants and exploration in 2015

PGE has set aside $432 million for projects, new plants and exploration in 2015 A Sacred Journey from the Sea to the Mountains, Lake Beratan, Bedugul, Bali, Indonesia (source: flickr/ januartha, creative commons)
Francisco Rojas 26 Feb 2015

The government plans to build numerous geothermal power plants, including plants around 4.97 GW, which is part of the second phase of a fast-track electricity procurement program.

Indonesia has abundant renewable potential and especially, geothermal resources, yet the country remains heavily dependent on fossil fuels. This is an issue that has been raised in many instances.

According to local sources, the government plans to build numerous geothermal power plants, including plants around 4.97 gigawatts, which is part of the second phase of a fast-track electricity procurement program of 17.92 gigawatts in total.

Pertamina Geothermal Energy (PEG) has a total capacity of 402 MW in electricity output from its geothermal power plants, equal to about 33 percent of the country’s total installed capacity of 1,403.5 MW.
Previously, PGE has set aside $432 million for several projects including the construction of new power plants, as well as maintenance and exploration in 2015.

Source: The Jakarta Post