Indonesia Invites Investment in 12 Geothermal Power Projects

Wedoany.com Report-Nov 19, Speaking at the 2024 UN Climate Change Conference (COP29) in Baku, Azerbaijan, the Minister of Energy and Mineral Resources of Indonesia, Eniya Listiani Dewsi said that the country is offering 12 geothermal energy projects for investment. To develop these 12 projects, a total investment of about USD 21.6 billion or IDR 34 trillion.

The following are the geothermal projects that the Indonesian Ministry is offering for investment:

Lahendong Phase 7 and 8 (2 x 20 MW), North Sulawisi, PT Pertamina Geothermal Energy

Sarulla Phase 2 (50 MW), North Sumatra, Medco/Ormat/Kyushu/Itochu

Ijen Phase 2 (30 MW), East Java, Medco/Ormat

Salak Phase 7 (55 MW), West Java, Star Energy Geothermal Salak

Ulumbu (30 MW), East Nusa Tenggara, PT PLN

Candradimuka (40 MW), Central Java, PT Geo Dipa Energy

Bukit Daun (30 MW), Bengkulu, PT Pertamina Geothermal Energy

Klabat Wineru, (40 MW), North Sulawesi, PT Ormat Geothermal Indonesia

Hu’u Daha (60 MW), West Nusa Tenggara, Vale/Antam

Lahendong Bottoming 1 Co-Generation (15 MW), North Sulawesi, PT Pertamina Geothermal Energy

Lumut Balai Bottoming Unit 1 and 2 Co-Generation (20 MW), South Sumatra, PT Pertamina Geothermal Energy

Ulubelu Small-Scale Co-Generation (30 MW), Lampung, PT Pertamina Geothermal Energy

Eniya explained that the same projects had already been offered at the Just Energy Transition Project (JETP) forum and the Asia Zero Emission Community (AZEC). The Minister also emphasized that the Indonesian Government has made a breakthrough this year with measures to shorten and simplify the licensing process.

Indonesia remains aggressive in pursuing both greenfield and brownfield geothermal projects. During this year’s Indonesia International Geothermal Convention & Exhibition (IIGCE), the Indonesian government awarded seven new geothermal exploration licenses.