Indonesia's Ambitious Plan for Enhanced Power Capacity and Renewable Energy
Key Ideas
- Indonesia aims to increase its power capacity by 71GW by 2034, with a focus on private investment and development of transmission lines to support renewable energy generation.
- The country plans to use renewable sources, including potentially nuclear and hydrogen, for 70% of the new power plants, aligning with goals to phase out fossil-fuel-fired plants by 2039.
- President Prabowo Subianto's economic growth goal of 8% is driving the construction of new infrastructure, while Energy Minister Bahlil Lahadalia emphasizes prioritizing domestic gas sales to meet electricity demand.
- Indonesia is exploring nuclear power technology acquisition from the US and Russia, aiming to reduce dependence on fossil fuels and leverage both small modular reactors and conventional nuclear technology for energy needs.
Indonesia is set to boost its power capacity by 71GW by 2034 with a strong emphasis on private investment and the development of transmission lines to facilitate renewable energy generation. The government, in partnership with PT PLN (Persero), will prioritize expanding transmission infrastructure as part of the 2025-2034 power supply plan. With an existing power capacity of 101GW, efforts will include constructing 48,000km of circuit transmission lines to support new power plants, 60% of which will be developed by the private sector. A recent launch event showcased 26 new power plants in operation across the country. The plan aligns with President Prabowo Subianto's ambition to drive economic growth to 8%, emphasizing the need to prioritize domestic gas sales for electricity generation. Indonesian officials anticipate that 70% of upcoming power plants will utilize renewable sources, potentially including hydrogen and nuclear energy to reduce reliance on fossil fuels and achieve the goal of phasing out coal-based plants by 2039. The country is in talks with the US and Russia to acquire nuclear power technology for operations by 2036, exploring small modular reactors and traditional nuclear technology. This strategic move aims to enhance energy independence and sustainability in Indonesia.
Topics
Utilities
Infrastructure
Energy
Renewables
Power Plants
Economic Growth
Natural Resources
Government Strategy
Nuclear Technology
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