Indonesia is on the cusp of sparking a sea change in global renewable energy development. But discussions on so-called feed-in tariffs will make or break the success of the market.
Currently the country has 1000 MWe of geothermal energy online. But it has the potential to provide almost 27,000 MWe. That amounts to around 40% of the global renewables extraction potential.
The expense of geothermal implementation is proving a serious impediment to the market's development, however. As a result, Indonesian authorities have stipulated the price paid for generated energy is sufficient to cover base costs via a 'feed in tariff'.
Currently the country has 1000 MWe of geothermal energy online. But it has the potential to provide almost 27,000 MWe. That amounts to around 40% of the global renewables extraction potential.
The expense of geothermal implementation is proving a serious impediment to the market's development, however. As a result, Indonesian authorities have stipulated the price paid for generated energy is sufficient to cover base costs via a 'feed in tariff'.
