Government of Indonesia
Indonesia is in the process of transitioning to a more sustainable and low-carbon energy system. Indonesia has a large potential for renewable energy, particularly in the areas of geothermal, hydro, and biomass energy. However, the country has also faced significant challenges in implementing its energy transition, including a lack of investment in renewable energy, limited grid infrastructure, and a reliance on fossil fuels for power generation.
Indonesia has been making efforts to accelerate the adoption of renewable energy and shift away from its reliance on fossil fuels. As a country with abundant renewable energy resources, including solar, wind, geothermal, and hydroelectric power, Indonesia has great potential for sustainable energy development.
The Indonesian government has set targets to increase the share of renewable energy in its energy mix. By 2025, Indonesia aims to achieve a 23% renewable energy contribution. To support this goal, the government has implemented various policies and initiatives, such as feed-in tariffs, tax incentives, and power purchase agreements, to attract investment in renewable energy projects.
Indonesia has made significant progress in expanding its renewable energy capacity, particularly in the areas of geothermal and solar power. The country is one of the world’s largest geothermal energy producers and has been actively developing geothermal projects. Additionally, solar power installations have been increasing, driven by declining costs and supportive policies.
However, challenges such as limited grid infrastructure, bureaucratic hurdles, and financial constraints still need to be addressed to unlock the full potential of renewable energy in Indonesia. Continued efforts to improve regulatory frameworks, promote private sector participation, and enhance grid connectivity will be crucial in accelerating the renewable energy transition and achieving Indonesia’s sustainable energy goals.