Monday, March 2, 2020

Indonesia: New Renewable Energy Legislation Will Not Include Geothermal - For Now

New regulation on pricing of renewable energy awaits President’s approval (The Jakarta Post)

President Joko “Jokowi’ Widodo
(Wikipedia Commons)
President Joko “Jokowi’ Widodo is expected to soon sign the long-awaited government regulation on renewable energy, which will, among other things, fix the formula of the feed-in tariff in a bid to improve the investment climate in the renewable energy sector, a senior energy official has said,

“The draft was sent last week, “he was quoted as saying by He was reluctant to elaborate on the content of the proposed regulation, but said it would regulate the feed-in tariff of electricity produced from renewable energy sources sold to state-owned electricity company PLN, except that of geothermal.

“The pricing policy for geothermal energy will be regulated under a different regulation,” he said, adding that the regulation on geothermal and other renewable energy would be issued to improve the investment climate in the renewable energy sector so that there would more investors interested in producing clean energy in the country.