Indonesia invites investment in 12 geothermal power projects
Kawah Ijen volcanic crater, East Java, Indonesia (source: V. Epiney / flickr, Creative Commons)
Carlo Cariaga
18 Nov 2024
Indonesia's Ministry of Energy and Mineral Resources has offered 12 geothermal power projects for investment at the recent COP29 in Azerbaijan.
Speaking at the 2024 UN Climate Change Conference (COP29) in Baku, Azerbaijan, the Minister of Energy and Mineral Resources of Indonesia, Eniya Listiani Dewsi said that the country is offering 12 geothermal energy projects for investment. To develop these 12 projects, a total investment of about USD 2.14 billion or IDR 34 trillion.
The following are the geothermal projects that the Indonesian Ministry is offering for investment:
- Lahendong Phase 7 and 8 (2 x 20 MW), North Sulawesi, PT Pertamina Geothermal Energy
- Sarulla Phase 2 (50 MW), North Sumatra, Medco/Ormat/Kyushu/Itochu
- Ijen Phase 2 (30 MW), East Java, Medco/Ormat
- Salak Phase 7 (55 MW), West Java, Star Energy Geothermal Salak
- Ulumbu (30 MW), East Nusa Tenggara, PT PLN
- Candradimuka (40 MW), Central Java, PT Geo Dipa Energy
- Bukit Daun (30 MW), Bengkulu, PT Pertamina Geothermal Energy
- Klabat Wineru, (40 MW), North Sulawesi, PT Ormat Geothermal Indonesia
- Hu’u Daha (60 MW), West Nusa Tenggara, Vale/Antam
- Lahendong Bottoming 1 Co-Generation (15 MW), North Sulawesi, PT Pertamina Geothermal Energy
- Lumut Balai Bottoming Unit 1 and 2 Co-Generation (20 MW), South Sumatra, PT Pertamina Geothermal Energy
- Ulubelu Small-Scale Co-Generation (30 MW), Lampung, PT Pertamina Geothermal Energy
Eniya explained that the same projects had already been offered at the Just Energy Transition Project (JETP) forum and the Asia Zero Emission Community (AZEC). The Minister also emphasized that the Indonesian Government has made a breakthrough this year with measures to shorten and simplify the licensing process.
Indonesia remains aggressive in pursuing both greenfield and brownfield geothermal projects. During this year’s Indonesia International Geothermal Convention & Exhibition (IIGCE), the Indonesian government awarded seven new geothermal exploration licenses.
Source: Detik Finance
