State electricity firm PLN's plan to acquire a stake in Pertamina Geothermal Energy (PGE), a subsidiary of state-owned energy giant Pertamina, could be counterproductive for geothermal development, an energy analyst has said.
Komaidi Notonegoro, executive director of the Jakarta-based research group ReforMiner Institute, said PLN had limited capacity in running a geothermal business which, like the oil and gas industry, requires extensive exploration and exploitation.
"In this case, Pertamina's readiness in providing infrastructure, such as the rig, for geothermal energy is relatively better than PLN," Komaidi told The Jakarta Post on Thursday in Jakarta.
