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Monday, February 26, 2018

Indonesia: Pertamina Targets 2,300 MW from Geothermal Power by 2030

Pertamina renewable investment portion to reach 15 percent by 2030 (Jakarta Post)

State-owned energy giant Pertamina aims to gradually increase its investment spending for renewable energy to around 15 percent of its total capital expenditure by 2030 from a mere 1 percent at present.

Pertamina set a 2030 target to generate 2,300 MW from geothermal power plants. Pertamina currently operates geothermal power plants with a combined capacity of only 587 MW, a mere 2 percent of the country's total geothermal potential.