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Indonesia\u2019s state-owned energy company PT Pertamina and state electricity provider PT PLN have reportedly entered an agreement to develop 19 geothermal energy projects, collectively generating 530MW.<\/p>\n
This effort supports Indonesia\u2019s goals of energy independence and a shift toward renewable energy sources, according to Indonesia Business Post<\/em>.<\/p>\n The collaboration involves creating effective partnership models, leveraging each company\u2019s geothermal working areas (WKP), coordinating and expediting project timelines.<\/p>\n It will also focus on performing technical and economic viability assessments, as well as forming a joint task force and committee to oversee implementation.<\/p>\n Alongside the primary agreement, PT Pertamina Geothermal Energy (PGE) and PT PLN Indonesia Power (PLNIP) signed a heads of agreement to advance geothermal energy for electricity generation.<\/p>\n A consortium agreement was established between PGE and PLNIP for the Ulubelu Bottoming and Lahendong Bottoming Units to secure Independent Power Producer (IPP) projects, aligning with PGE\u2019s plan to achieve a 1GW capacity in two to three years.<\/p>\n The Ulubelu BU (30MW) and Lahendong BU (15MW) are prioritised in this strategy.<\/p>\n By combining resources, expertise, and assets, the partnership aims to facilitate the development of geothermal power facilities and enhance Indonesia\u2019s renewable energy framework from exploration to production.<\/p>\n The initiative is anticipated to contribute to economic development at both local and national levels.<\/p>\n Danantara Indonesia CEO Rosan Roeslani stresses geothermal energy’s vital role in boosting Indonesia’s energy security and transitioning to a low-carbon economy.<\/p>\n Roeslani was quoted by the news agency as saying: \u201cThrough this cross-SOEs collaboration, Danantara Indonesia supports the creation of inclusive and sustainable economic growth, while strengthening Indonesia’s energy independence.\u201d<\/p>\n Pertamina CEO Simon Aloysius Mantiri stated that the company, via its subsidiary PT Pertamina Geothermal Energy (PGEO), is committed to expanding geothermal resource use as a cornerstone of Indonesia\u2019s clean energy strategy.<\/p>\n Mantiri said: \u201cThrough this collaboration, we are exploring a cooperative model that allows the measured and progressive optimisation of geothermal working areas.<\/p>\n \u201cTogether with PLN and Danantara Indonesia, we are ready to accelerate the realisation of strategic projects that directly contribute to the national energy transition targets and the improvement of the renewable energy mix.\u201d<\/p>\n “Indonesia\u2019s Pertamina and PLN partner for 530MW geothermal energy projects” was originally created and published by Energy Monitor<\/a>, a GlobalData owned brand.<\/p>\n<\/p><\/div>\n \u00a0<\/p>\n
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