Indonesia Adds Renewable Capacity Faster Than Expected (Jakarta Globe)
The government seeks to make green energy sources the backbone of Indonesia's power sector, a minister said on Monday (30/10).
According to Energy and Mineral Resources Minister Iganatius Jonan, President Joko "Jokowi" Widodo has given a directive that the government increase the use of hydropower and geothermal energy supplies, so that 25 percent of power in the country's grid be generated from renewable sources.
To attract investors to the renewable energy sector, the government has issued a ministerial regulation on the initial survey procedure (PSP) and exploration (PSPE), asked state-owned enterprises to increase investment, and simplified the procedures for obtaining exploration licenses through a one-stop integrated service center at the Investment Coordinating Board (BKPM).
The minister said Indonesia still has a huge potential in the renewable energy sector. The country also has the largest geothermal reserves in the world.
According to government data, the use of renewable energy sources is rising 0.54 percent annually. In the second quarter, the use of geothermal and other renewable energy sources in the same period reached 5.23 percent, or 0.27 percent more than the target.
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