Indonesia: Geothermal Energy Companies Plan to Add More Than 1100 MW in Near Term

PLN, Pertamina to spend $3.6 billion on geothermal projects (The Jakarta Post)

(Courtesy CIA.gov)

State-owned electricity company PLN and energy company Pertamina are slated to respectively invest US$1 billion and $2.68 billion in developing geothermal power plants around the country over the next few years.

The two companies, through their namesake subsidiaries PLN Gas & Geothermal (GG) and Pertamina Geothermal Energy (PGE), provided more than one-third of the country's total 1,948 megawatt (MW) geothermal power supply last year, according to Energy and Mineral Resources Ministry (ESDM) data.

Going forward, a PLN GG director told reporters in Jakarta on Aug 14 that the company aimed to add 675 MW of geothermal capacity by 2023 in line with PLN's nine-year electricity procurement plan while a PGE director said his company planned to increase capacity by 495 MW by 2026.

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Ida Finahar, Director of Geothermal, Energi dan Sumber Daya Mineral (ESDM) - Ministry of Energy and Mineral Resources in Indonesia is slated to speak at the International Session of the GRC Annual Meeting & Expo on September 16.