Tue, 22/05/2012 5 Incentive developer of renewable energy Geothermal
The good news for developers of renewable energy. The Government will provide five types of incentives for those who develop new and renewable energy.
Incentives that the government will increase the rate of energy through pricing policy based on cost or feed in tariff, fiscal incentives, financial incentives, incentives and market support to ease licensing and settlement of land overlap.
"Reserves of oil and gas we are getting thinner, while the new and renewable energy potential in Indonesia is relatively abundant," said Kardaya Warnika.
Director General of New and Renewable Energy Ministry of Energy and Mineral Resources (ESDM). Hence, the government will encourage the development of this industry.
The government has also guaranteed the payment ability of energy to be purchased by the State Electricity Company (PLN). When the company was not bought, then the government will reimburse the payment.
In addition, the government also has a road map of new and renewable energy development to 2015. For new energy fuels and oils (BBN), this year's newly developed 0.4 million kiloliters. Year 2015, the development of biofuels could reach 11.4 million kiloliters.
As well, the development of geothermal energy. This year, geothermal capacity of 1226 megawatts (MW). Geothermal development in 2015 rose to 3156 MW. "We will also develop a large-scale wind generation is 50 MW in Bantul are ready for production next year," said Kardaya.
According to Kardaya, there are six major obstacles in developing new and renewable energy. First the fuel subsidy. so that biofuels less in demand. Both fields overlap several types of energy such as geothermal and hydroelectric plants are often located in forest areas.
Other constraints of funding and electricity prices that have not been economical and there is no support for the upstream industry. To that end, the government will issue new rules for tariffs for geothermal power. "From the previous maximum of 9.7 cents per kWh to U.S. $ 10 cents U.S. $ per kWh, 12 cents U.S. $ kWh," said Kardaya.
PAX Price at posting:
0.9¢ Sentiment: ST Buy Disclosure: Held
