Wednesday, July 2, 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

Indonesia’s Online Shopping Day Generates Rp31 Trillion in Transactions

PLN set Maximum Purchase for 50% Electricity Discount Program, Here’s the Detail

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

Dairy Cows Imports

Indonesia Imports 1,573 Dairy Cows from Australia to Boost National Milk Production

2025-07-01

Jakarta, Indonesia Sentinel -- In a bid to strengthen domestic milk production, Indonesia's Ministry of Agriculture has imported 1,573 dairy...

Ambalat

Indonesia and Malaysia Agree to Joint Economic Development of Disputed Ambalat Block

2025-06-29

Jakarta, Indonesia Sentinel -- Indonesia and Malaysia have agreed to jointly develop the resource-rich Ambalat Block, a disputed maritime area...

Rice Trade Fraud

Agriculture Minister Probes Alleged Rice Trade Fraud, Causing Consumers Loss of up to Rp99.35 Trillion

2025-06-27

Jakarta, Indonesia Sentinel -- Indonesia’s Agriculture Ministry has uncovered suspected fraud in the country’s rice trade, alleging widespread manipulation of...

E-Commerce Tax

Indonesia to Impose New E-Commerce Tax Withholding Rule to Boost Revenue and Compliance

2025-06-26

Jakarta, Indonesia Sentinel -- The Indonesian government is drafting new e-commerce tax regulations that would require online marketplaces such as...

Bitcoin

Bitcoin and Other Crypto Prices Plunges as U.S. Involved in Geopolitical Tensions Between Iran and Israel

2025-06-24

Jakarta, Indonesia Sentinel -- Bitcoin prices plunged amid rising geopolitical tensions in the Middle East, as the conflict between Iran...

Uranium

Indonesia Prepares Regulatory Framework for Uranium Processing Ahead of Nuclear Power Plans

2025-06-22

Jakarta, Indonesia Sentinel -- Indonesia’s Ministry of Energy and Mineral Resources (ESDM) is drafting a new regulation to enable the...

Housing

Indonesia to Renovate Slum Housing with $1.5 Billion World Bank Loan

2025-06-22

Jakarta, Indonesia Sentinel -- Indonesia’s Ministry of Housing and Settlements is preparing to use a $1.5 billion loan offer from...

Live Cattle Import

Government Lift Live Cattle Import Quotas, Strengthen National Food Security

2025-06-16

Jakarta, Indonesia Sentinel -- Indonesia plans to eliminate import quotas on live cattle to ensure a steady supply of beef...

Local Corn

Indonesia Allocates Rp 6 Trillion to Absorb 1 Million Tons of Local Corn

2025-06-16

Jakarta, Indonesia Sentinel -- The Indonesian government is preparing a budget of approximately Rp6 trillion (around USD 370 million) to...

Danantara Investment

Danantara Eyes $5 Billion Investment in 2025, Targets 8 Key Sectors

2025-06-12

Jakarta, Indonesia Sentinel -- Indonesia's sovereign wealth management body, Danantara Indonesia, is setting its sights on a $5 billion (approximately...

Load More
Next Post
Mount Semeru Eruptions

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

Popular

  • Forrest Tribe

    Suku Mante, Mysterious Tribe Living in the Vast Forests of Aceh

    0 shares
    Share 0 Tweet 0
  • Top 6 Largest Nickel Mines in Indonesia, Dominate the Global Market in 2024!

    0 shares
    Share 0 Tweet 0
  • Bali Tourism Welcomes 6.3 Million Foreign Tourists in 2024, Sets Higher Target for 2025

    0 shares
    Share 0 Tweet 0
  • Ethnic Groups of Indonesia, A Tapestry of Cultural Diversity

    0 shares
    Share 0 Tweet 0
  • History of Jakarta Fair

    0 shares
    Share 0 Tweet 0

Recommended

Prabowo Cabinet Reshuffle

President Prabowo Conducts First Cabinet Reshuffle, Replaces Minister Education Satryo Brodjonegoro

4 months ago
Indonesian Citizens Evacuation Efforts in Lebanon, 116 Choose to Stay

Indonesian Citizens Evacuation Efforts in Lebanon, 116 Choose to Stay

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