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| (Courtesy CIA.gov) |
Despite Indonesia’s abundant potential geothermal energy, industry players were discouraged from investing in the sector due to excessive red tape in the country, an energy analyst has suggested.
Jakarta-based think-tank Institute for Essential Services Reform (IESR) executive director Fabby Tumiwa said the issuance of multiple regulations at the regional level – as a result of decentralization – had created multi-layered bureaucratic challenges for investors interested in developing geothermal energy.
“It could take years for investors to obtain an exploration permit,” he said during a public discussion on Sunday in Jakarta.
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