Indonesia is taking significant strides towards achieving energy self-sufficiency, not just in oil and gas, but also in renewable energy. The country’s Minister of Energy and Mineral Resources, Bahlil Lahadalia, announced that Indonesia is implementing [1] strategic measures to boost renewable energy capacity significantly in the coming years.
One of the key initiatives is the mandatory 40% biodiesel (B40) program set to be implemented in 2025, followed by the B50 program in 2026. The B40 program aims to reduce diesel imports, and the B50 program is expected to eliminate the need for diesel imports altogether. In 2023, biodiesel usage in the domestic market was recorded at 12.2 million kiloliters, with a target increase to 12.5 million kiloliters by 2025.
The government’s commitment to renewable energy is also reflected in its target to increase the share of renewable energy in the national energy mix to 14.1% by the end of 2024, with geothermal energy being the primary focus. Currently, renewable energy accounts for 13.9% of the national energy mix, with geothermal energy contributing 5% of the total national energy structure.
Indonesia’s efforts to decarbonize its electricity sector have been bolstered by the increase in geothermal power plant capacity, which has grown by 1.2 GW since 2014, bringing the total installed geothermal capacity to 2.6 GW. This makes Indonesia the second-largest producer of geothermal electricity in the world.
The government is also accelerating the use of electric vehicles and improving energy efficiency to achieve national energy security. Collaboration with various stakeholders, including the private sector and communities, is crucial to realizing these goals.
Sources:
[1] Indonesia strives to be independent in renewable energy.
https://theinvestor.vn/indonesia-strives-to-be-independent-in-renewable-energy-d13983.html
