Friday, October 17, 2025
No Result
View All Result
Indonesia Sentinel
  • Home
  • News
  • World
  • Economic
  • Culture
  • Tech & Science
  • Home
  • News
  • World
  • Economic
  • Culture
  • Tech & Science
No Result
View All Result
Indonesia Sentinel
No Result
View All Result
ADVERTISEMENT
Home Economic

Geothermal Power Plants Hold Potential to Generate 24 Gigawatts Electricity, Indonesia’s Could be the Second-largest in the World

by Raidi
2024-09-18
in Economic
A A
Geothermal Power Plants

(Pinterest)

Share on FacebookShare on TwitterShare on Whatsapp
ADVERTISEMENT

Bandung, IndonesiaSentinel.com — Indonesia’s Minister of Energy and Mineral Resources (ESDM), Bahlil Lahadalia, revealed that the country holds the potential to generate up to 93 gigawatts (GW) of electricity, with geothermal power plants accounting for 24 GW. This makes Indonesia the second-largest geothermal resource holder globally.

According to Bahlil, Indonesia boasts 40% of the world’s geothermal potential, yet the nation currently only has an installed capacity of 2.6 GW.

Speaking at the 10th Indonesia International Geothermal Convention and Exhibition held at the Jakarta Convention Center on Wednesday, September 18, 2024, Bahlil highlighted the rapid growth in the sector. “Over the past decade, the geothermal capacity has doubled,” he noted.

RelatedPosts

Indonesia’s Middle Class Apocalypse, Banks Turn to Wealthy Customers!

Failing to Meet National Standards, 1.100 Tons of Steel Seized by the Indonesian Trade Ministry

Bahlil emphasized that Indonesia is set to harness its geothermal resources to achieve its renewable energy mix target of 23% by 2025 and push towards its Net Zero Emission (NZE) goal by 2060. “Geothermal energy can serve as a key instrument in increasing the share of renewable energy in the national energy mix,” he added.

ADVERTISEMENT

Currently, geothermal energy represents 18.5% of the total renewable energy capacity in Indonesia and accounts for 23% of the country’s overall electricity potential, which stands at 93 GW.

IDR 90 Million per Kilograms, Indonesia Pushes Kratom Leaves Processing while Expanding Export Market

Bahlil further explained that geothermal power plants (PLTP) have not only contributed to reducing the nation’s carbon footprint but also provided significant economic benefits. “The development of geothermal plants has created approximately 900,000 jobs and contributed around IDR 16 trillion to the state. Additionally, PLTP has helped reduce 17.4 million tons of CO2 emissions annually,” he said.

Investment in the renewable energy sector, particularly in geothermal energy, is expected to grow significantly, with projections showing an eightfold increase over the past decade. In 2024 alone, investments in geothermal power are expected to reach $8.7 billion, equivalent to IDR 133.52 trillion, based on the exchange rate of IDR 15,348 per U.S. dollar.

Indonesia’s strategic push towards renewable energy, with geothermal power at the forefront, underscores the country’s commitment to reducing emissions while ensuring sustainable economic growth.

 

(Raidi/Agung)

Tags: ESDMGeothermal Power PlantsNatural ResourcesRenewable Energy
ADVERTISEMENT

Related Posts

Indonesia State Budget Deficit

Indonesia 2025 State Budget Deficit Reaches Rp371.5 Trillion per 30 September 2025

2025-10-15

Jakarta, Indonesia Sentinel -- Indonesia state budget (APBN) recorded a deficit of Rp371.5 trillion ($22.7 billion), or 1.56% of gross...

Indonesia Debt

Indonesia Debt Rises, Reached Rp9,138.05 Trillion in June

2025-10-14

Jakarta, Indonesia Sentinel -- The Ministry of Finance revealed that Indonesia’s central government debt reached Rp9,138.05 trillion rupiah ($570 billion)...

Online Loans Debt

OJK Reports Indonesia’s Citizens Online Loans Debt Kept Increasing, Reach Rp87.61 Trillion per August 2025

2025-10-14

Jakarta, Indonesia Sentinel -- Indonesia’s Financial Services Authority (OJK) reported that the total outstanding balance or debt of online loans...

Indonesia Economic Growth

Finance Minister Purbaya Yudhi Sadewa Responds to World Bank’s 2025 Economic Growth Forecast for Indonesia

2025-10-10

Jakarta, Indonesia Sentinel -- Indonesia’s Finance Minister Purbaya Yudhi Sadewa has commented on the World Bank’s latest projection, which raised...

Fuel Shortage

Fuel Shortage Threatens Jobs at BP-AKR, Shell, and Vivo Stations in Indonesia

2025-10-05

Jakarta, Indonesia Sentinel -- Indonesian fuel retailer BP-AKR warned it may be forced to lay off workers if the government...

Freeport Shares

Freeport Agreed to Divest 12% of its Shares to Indonesia

2025-10-02

Jakarta, Indonesia Sentinel -- Indonesia’s sovereign wealth agency, Danantara said that Freeport McMoRan has agreed to divest 12% of its...

Illegal Money Changers Bali

Bank Indonesia to Probe 68 Suspected Illegal Money Changers in Bali

2025-09-30

Jakarta, Indonesia Sentinel -- Bank Indonesia’s Bali representative office said it will investigate 68 money changers suspected illegal or operating...

Illegal Cigarettes

Indonesia’s Finance Minister Purbaya Vows Crackdown on Illegal Cigarettes

2025-09-20

Jakarta, Indonesia Sentinel -- Finance Minister Purbaya Yudhi Sadewa pledged to step up efforts against illegal cigarettes sales, which he...

2026 State Budget

Indonesia Revised 2026 State Budget Framework, Increased Spending and Widening Budget Deficit

2025-09-20

 Jakarta, Indonesia Sentinel -- Indonesia’s House Budget Committee (Banggar) and the government have agreed to revise the framework of the...

Indonesia Faces Food Waste Threat, Economic Loses Reach Rp551 Trillion Annually

2025-09-11

Jakarta, Indonesia Sentinel -- Indonesia is facing mounting economic and environmental risks from food loss and waste (FLW), with losses...

Load More
Next Post
Geothermal Energy

Looking at the Top Geothermal Energy Producers in the World, U.S. Remain the Largest

Popular

  • yandex

    How to Watch Viral Video on Yandex: What You Need to Know

    0 shares
    Share 0 Tweet 0
  • Seven Workers Remain Trapped in Freeport Underground Mine After Hit by Landslide

    0 shares
    Share 0 Tweet 0
  • 15 Indonesian Provinces Lead in Sex Worker Locations, West Java Ranks First!

    0 shares
    Share 0 Tweet 0
  • The Joyoboyo Prophecy: Historical Roots and Modern Resonance in Indonesian Society

    0 shares
    Share 0 Tweet 0
  • Stella Christie Career and Wealth, From Academia to Indonesia’s Deputy Minister

    0 shares
    Share 0 Tweet 0

Recommended

World Rally Championship

Indonesia to Host World Rally Championship 2026

9 months ago
Indonesia Become the World’s Top Nickel Exporter

Indonesia Become the World’s Top Nickel Exporter

1 year ago
ADVERTISEMENT

Indonesiasentinel.com is an independent online news portal committed to providing accurate, in-depth, and up-to-date news about Indonesia. Since 2021, we have been a trusted source for millions of readers seeking relevant and reliable news.

Part of:

Information Page

  • About
  • Editorial
  • Privacy Policy
  • Disclaimer
  • About
  • Editorial
  • Privacy Policy
  • Disclaimer

Contact

  • contact@indonesiasentinel.com
© 2021 Indonesia Sentinel

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In

Add New Playlist

No Result
View All Result
  • Home
  • News
  • World
  • Economic
  • Culture
  • Tech & Science

© 2024 Indonesia Sentinel