Ministry of Energy and Mineral Resources (ESDM) is targeting a 72 percent new and renewable energy (EBT) mix by 2060 in line with the previously set National Electricity General Plan (RUKN).
A senior official at the ESDM ministry, Eniya Listiani Dewi, said that the target was intended to support the energy self-sufficiency plan that has been initiated by President Prabowo Subianto.
“Until 2060, it is realistic to calculate 72 percent renewable energy in the RUKN. If there is more massive international funding, I am sure what the President aspires to achieve in energy self-sufficiency can also be achieved,” Eniya spoke at the New and Renewable Energy Stakeholder Dialogue held on Tuesday, December 17, 2024.
She cited that the renewable energy mix projection until the end of 2024 is estimated to reach 14 percent of the total national energy. To realize the long-term target, the Ministry of Energy and Mineral Resources has received various investment offers from several countries, including for the development of nuclear energy.
“Including nuclear energy, various countries have come to offer a pre-Feasibility Study (pre-FS). We are very careful in responding to these offers,” Eniya said.
She emphasized the importance of being careful in determining investment and cooperation models, including choosing countries that will be partners.
She maintained, however, that the development of nuclear energy has a high level of complexity.
“We should learn from several countries. Some use the Government to Government (G to G) model, some Business to Government (B to G), and there are also funding structures that involve collaboration between governments. This is very complex,” she said.
She also added that Indonesia, as a non-aligned country, is open to collaborating with various countries. “This collaboration is multilateral and covers various locations, considering the diverse needs,” she said.
She is optimistic that with a focused strategy and international investment support, the ideal of self-sufficiency in renewable energy can be achieved. Going forward, concrete steps to realize a 72 percent energy mix will continue to be strengthened through synergy between the government, private sector, and international partners.
Deputy Chairman of Energy and Investment Commission VII of the House of Representatives (DPR), Sugeng Suparwoto, cited that the target for developing renewable energy of 103 GW has also not been integrated into the General Plan for Electricity Supply (RUPTL). Sugeng cited that without this integration, this target will only be a pipe dream.
He said that one of the potential projects to be developed is the Wind Power Plant (PLTB). With a capacity factor of 42 percent, PLTB can operate for 24 hours with an investment cost of around US$2 million per megawatt. However, to achieve the target of 103 GW, an investment of US$235 billion or equivalent to Rp3,690 trillion is needed in 15 years, or around US$15 billion per year.
“This is our homework. If basic things such as regulations and infrastructure have not been completed, an investment of that size is difficult to realize,” Sugeng said.
