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Indonesia far short of 2025 renewable energy target
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Floating power: This aerial photo shows a 192-megawatt floating solar power plant at the Cirata Reservoir in West Java. President Joko “Jokowi” Widodo inaugurated the plant on Nov. 9, 2023. (AFP/Bay Ismoyo)
T
he Energy and Mineral Resources Ministry expects Indonesia to miss by a wide margin its 2025 target for renewable power generating capacity. Experts blame uncompetitive prices and policies that support coal power.
Eniya Listiani Dewi, the energy ministry’s renewables director general, said PLN, according to its electricity procurement plan (RUPTL), would need to build renewable power plants with a total capacity of 8.2 gigawatts (GW) by the end of 2025 to meet the target.
Projects in the pipeline include solar, hydroelectric, micro-hydro and wind power plants with a total capacity of 2.83 GW, 1.7 GW, 787 megawatts and 527 MW, respectively.
The investment required for those plants was estimated at US$14 billion, she added.
“Renewable energy in the [national energy mix] could roughly reach 21.2 percent if [we] secure the $14 billion investment,” she told reporters on Sept. 9.
Putra Adhiguna, managing director at the Energy Shift Institute, said enough investors were keen to invest in renewable energy in Indonesia but the country lacked credible projects with clear procurement timelines in the pipeline.
“There are too many large sums [of investment targets] flying around. The government should rather focus on the short-term targets, on what they can deliver in the next 12 to 24 months,” he told The Jakarta Post on Sept. 13.
