Tuesday, July 22, 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

Indonesia’s Local Economies Reap $65 Million a Year from Geothermal Energy

by Becky
2024-09-20
in Economic
A A
geothermal energy

(Freepik)

Share on FacebookShare on TwitterShare on Whatsapp
ADVERTISEMENT

Jakarta, IndonesiaSentinel.com — Over the past decade, local governments in Indonesia have earned approximately $65 million (Rp 1 trillion) per year from geothermal energy projects in their regions, according to the Ministry of Energy and Mineral Resources (ESDM).

Eniya Listiani, Director General of New Renewable Energy and Energy Conservation (EBTKE), revealed that investment in geothermal projects across Indonesia over the last 10 years has significantly impacted local revenue streams.

“There’s a geothermal royalty paid to the regions, contributing to local government income. In the last decade, nearly Rp 1 trillion has been generated annually for areas hosting geothermal developments,” Eniya stated on Friday, September 19, 2024.

RelatedPosts

Mininster Bahlil Lahadalia to Slash Indonesia’s Crude Oil Exports in 2025

Prabowo Announces New Policy on Foreign Exchange Earnings, Deposit 100% For One Year

This underscores the role of renewable energy in not only meeting national energy targets but also boosting local economies.

ADVERTISEMENT

“I believe geothermal development holds tremendous potential for increasing local revenue,” she added.

How Chinese Nationals Exploited Indonesia’s Gold for Over 300 Years

Eniya emphasized the importance of streamlined communication between central government, local governments, and the geothermal industry to accelerate permitting processes and further harness the potential of geothermal energy.

(Ray)

Tags: energyESDMGeothermalGeothermal Energy
ADVERTISEMENT

Related Posts

Trump Tariffs

Indonesia to Buy 50 Boeing in a Deal to Avoid Trump 32% Tariffs

2025-07-22

Jakarta, Indonesia Sentinel -- Indonesia has agreed to purchase 50 Boeing aircraft from the United States as part of a...

Benchmark Interest Rate

Bank Indonesia Cuts Benchmark Interest Rate to 5,25% in July 2025

2025-07-21

Jakarta, Indonesia Sentinel -- Bank Indonesia has decided to lower its benchmark interest rate, known as the BI Rate, by...

Trump Tariff

Trump Announces 19% Tariff on Indonesian Imports, While U.S. Gains Full Access to Indonesian Resource

2025-07-17

Jakarta, Indonesia Sentinel -- U.S. President Donald Trump announced a new 19% import tariff on goods from Indonesia on Tuesday...

E-Commerce Tax

Indonesia Mandates E-Commerce Platforms to Collect Income Tax from Online Sellers

2025-07-16

Jakarta, Indonesia Sentinel -- Indonesia’s Finance Minister Sri Mulyani Indrawati has officially issued a regulation requiring e-commerce platforms to collect...

coal benchmark price

Indonesia Set July Coal Benchmark (HBA) Price at $107.35 per metric ton, Raises Nearly 9%

2025-07-15

Jakarta, Indonesia Sentinel -- Indonesia’s government has raised its coal benchmark price (Harga Batubara Acuan or HBA) for the first...

Tariff Negotiations

Indonesia to Resume Tariff Negotiations with U.S. Following 32% Reciprocal Tariff

2025-07-11

Jakarta, Indonesia Sentinel -- Indonesia is set to resume trade negotiations with the United States over the next three weeks,...

Copper Imports Tariff

Trump Proposes 50% Tariff on Copper Imports, Sending Prices to Record Highs

2025-07-11

Jakarta, Indonesia Sentinel -- President Donald Trump announced plans Tuesday to impose a 50% tariff on all copper imports into...

2026 Macroeconomic Assumptions

Indonesia Sets 2026 Macroeconomic Assumptions for Draft State Budget

2025-07-08

Jakarta, Indonesia Sentinel -- Indonesia’s government and parliament have agreed on the 2026 Macroeconomic Assumptions, which will serve as the...

Indonesia Foreign Reserves

Indonesia Foreign Reserves Rise to $152.6 Billion in June, Central Bank Reports

2025-07-08

Jakarta, Indonesia Sentinel -- Indonesia foreign exchange reserves rose slightly to $152.6 billion at the end of June 2025, according...

Del Monte U.S. Filing Bankruptcy, Del Monte Indonesia Continues Normal Operations

2025-07-05

Jakarta, Indonesia Sentinel -- Del Monte Indonesia has confirmed that it will continue operating as usual despite the bankruptcy filing...

Load More
Next Post
Mount Semeru Eruptions

Mount Semeru Erupts Again, 9 Eruptions Recorded up to This Afternoon

Popular

  • Mentawai Tribe

    Mentawai Tribe Tooth Sharpening Tradition as a Symbol of Beauty, Culture, and Sacrifice

    0 shares
    Share 0 Tweet 0
  • Suku Mante, Mysterious Tribe Living in the Vast Forests of Aceh

    0 shares
    Share 0 Tweet 0
  • Indonesia’s Life Expectancy Rises to 74.15 Years in 2024, Statistics Agency Reports 

    0 shares
    Share 0 Tweet 0
  • History of Jakarta Fair

    0 shares
    Share 0 Tweet 0
  • Indonesia Boasts an Outstanding Number of Islands, How Many?

    0 shares
    Share 0 Tweet 0

Recommended

McDonalds E. coli

McDonalds Linked to E. Coli Causing One Dead and Dozens Sick

9 months ago
McDonald’s Brings Back Burger Linked to Deadly Incident

McDonald’s Brings Back Burger Linked to Deadly Incident

9 months 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