27 Feb-01 Mar, 2017 - Jakarta, INDONESIA
Le Meridien Jakarta
Le Meridien Jakarta
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Schedule at a Glance
"Partnering Investment, Technology & the FIT for Capacity Growth!" | ||||||||||||
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Today, renewable energy accounts for a small but growing portion of Indonesia’s electricity portfolio. The Government of Indonesia (GoI) has announced a mid-term target for increasing the share of renewable energy in the total energy mix to 23% by 2025. This means that massive new investment in renewable-based power generation capacity is to be developed, energy fund and various programs have been initiated towards renewable power growth:
Total energy demand in Indonesia is growing by around 7-8% per year, outpacing economic development and population growth. Yet, more than 30 million people (12% of Indonesia’s population) still lack access to electricity. These people mostly live in rural areas and outer islands. Transportation and geographic constraints are main reasons why it is difficult to provide electricity access to these area using the conventional power generation methods.
Renewable energy and power projects are not only tools for improving energy security and adapting to climate change, but also increasingly recognized as investments that can provide direct and indirect economic advantages to countries like Indonesia, by reducing dependence on fuel imports, improving air quality and safety, propelling economic growth and job opportunities.
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Held in conjunction with 3rd Biomass & BioEnergy Asia, key players and stakeholders in Indonesia and regional renewable power sector (wind, biomass, hydro, geothermal, solar) will join us at CMT’s Indonesia Renewable Power, in Jakarta to discuss the opportunities, the dos and donts and provide much needed insight and analysis into FiT and financing for your projects.
Key highlights include the pre-conference workshop on Optimal Thermochemical Utilization of Your Agricultural Residues: Present & Future, and up to 10 hours for networking and discussion with your prospective partners.
Find Answers, Clarify & Discuss the following:
Confirmed Speakers from: |
| Activity | Before/on 31 Jan 2017 (per person) |
From 1 Feb 2017 (per person) | ||
| 1 - 2 Delegates | 3 or more Delegates | 1 - 2 Delegates | 3 or more Delegates | |
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Conference 28 February – 1 March |
USD1495 | USD1195 | USD1795 | USD1495 |
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Workshop 27 February |
USD895 | USD995 | ||
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USD200 discount (per person) for payments made by MasterCard/Visa Workshop is open to conference participants only | ||||
| Be a Sponsor or Exhibitor! |
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This event is an excellent platform to promote your organization to influential players and investors in the industry. Sponsorship opportunities available include Corporate, Exclusive luncheon & Cocktail sponsor.
For Sponsor please contact fiona@cmtsp.com.sg or (65) 6346 9138
For Exhibition please contact grace@cmtsp.com.sg or (65) 6346 9147 |
Indonesia’s second-largest coal miner by volume, Adaro Energy is planning to diversify its business by exploring the renewable energy domain.
The company via its subsidiary Adaro Power is aiming to slowly make an entry into the green energy domain. As a start, it plans to add 50 megawatts of renewable power. However, the company is still exploring different types of clean energy sources such as solar-cell, geothermal, biomass and micro hydro power for its project.
Adaro is aiming to invest approximately US$75 million to $100 million for the initial project. It plans to secure 70 percent of the funds from loans and the remainder from internal sources. Adaro has enough equity, but the challenge for the company is to acquire a loan.
Meanwhile the Japan Bank for International Cooperation (JBIC) has provided a loan for Batang power plant project in which Adaro owns 34 percent shares. It will be the biggest coal-fired steam power plant in Southeast Asia.
Adaro is hopeful to secure more finance from Japanese banks as well as JBIC for power projects in Indonesia.
More about clean energy projects in Indonesia will be discussed at CMT’s Indonesia Renewable Power on 27 Feb - 1 March, 2017 in Jakarta.
For more information about the event, contact Ms. Grace Oh at grace@cmtsp.com.sg or call +65 6346 9147.
15 Feb, 2017
Indonesia’s power sector that is dominated by state power company Perusahaan Listrik Negara (PLN), will open-up soon. In a ministerial decree, Energy and Mineral Resources Ministry has approved to allow independent power producers (IPP) to sell their power directly to customers, particularly in remote areas or regions that are not serviced by PLN. The move is likely to end the monopoly of PLN in the power sector.
The decree now awaits ratification from the Ministry of Justice and Human Rights.
IPPs will be allowed to build their own plants, distribute power and also take care of their own costs.
The move will be a boost to renewable power as the smaller IPPs that produce renewable and fossil fuel power, can operate in 2,500 villages across the country which have not been connected to PLN's power grid.
Prior to this regulation, IPPs were allowed to sell its power to PLN only. The process was marred with lengthy negotiations that often made these small-scale projects unfeasible.
PLN is expected to concentrate on more large-scale projects to support the government's target of adding 35,000 MW to the country's power grid by 2019.
One possible challenge for the small scale IPPs is that the electricity produced might be expensive and households might not be able to afford it.
Estimates show that as much as $8 billion might be needed to provide electrification in remote areas. This figure is much higher than PLN's average base cost of Rp 1,352 (1 US cent) per kilowatt hour. The government might have to step in to subsidize the private sector to address this problem.
More on Indonesia’s power sector developments will be discussed at CMT’s Indonesia Renewable Power on 27 February- 1 March, 2017 in Jakarta.
For more information about the event, contact Ms. Grace Oh at grace@cmtsp.com.sg or call +65 6346 9147.
01 Feb, 2017
Investment activities are abuzz as Indonesia targets 23 percent of the total energy mix to be sourced from renewables by 2025.
Tidal power is one of Indonesia’s untapped sources of renewable energy. For the first time, two companies – Arus Indonesia Raya (AIR) and OpenHydro – a unit of French state-owned naval defense company DCNS, plan to generate power from Indonesia’s vast tidal energy.
Estimates show that Indonesia – the world's biggest archipelago – has the potential for up to 60 GW of tidal power – which translates to more than Indonesia's total electricity capacity of just over 50 GW in 2015.
The Bali strait is chosen as the pilot tidal array for the project, where it plans to develop up to 20 2-MW turbines over the course of next three years. The power generated is expected to supply power directly to state-owned Pertamina. Each of the turbine that will sit on the seabed, is estimated to cost as much as $7 million in Europe. However, AIR plans to reduce the cost to as little as $4 million by using 70 percent local content in the turbines that will be produced in a factory (to be built in Indonesia).
DCNS website mentions that the tidal power project is expected to generate 300MW of installed capacity by 2023.
Although renewable energy has not taken off in a big way in Indonesia, there are some positive signs. Price of renewable energy has become competitive with fossils energy. According to one estimate, the cost of producing solar and onshore wind power had begun to reach a level where it was competitive with fossil fuels, below 10 cents per KWh.
Renewable energy is estimated to be more affordable on a per-kilowatt-hour basis compared to diesel that many remote islands in Indonesia currently rely on for power.
Indonesia’s coal exports to major consumers – India and China – are also expected to reduce as the two countries are also switching to renewable power. In fact Indonesia’s biggest coal miners – state-owned Bukit Asam and Adaro, are also diversifying into renewables.
More on Indonesia’s renewable power sector developments will be discussed at CMT’s Indonesia Renewable Power on 27 February- 1 March, 2017 in Jakarta.
For more information about the event, contact Ms. Grace Oh at grace@cmtsp.com.sg or call +65 6346 9147.
03 Jan, 2017
Indonesian government is betting on renewable power to address its electricity needs. Recently, there have been reports of state utility PLN planning to acquire the state-owned Pertamina’s subsidiary Pertamina Geothermal Energy (PGE). The government plans to appoint a state-run energy firm that will look into geothermal development in Indonesia and meet the country’s energy mix target.
The acquisition is viewed to bring synergy between PLN and state-owned oil and gas company Pertamina and is likely to increase efficiency and eliminate duplication of investment between state-run energy firms.
Currently, Indonesia’s installed geothermal power plant capacity is only 1.5 GW. The acquisition will help PGE to make swift progress in geothermal development and meet the 7.2 GW target of installed electricity by 2025, or 23 percent of the total energy mix. The acquisition will also help eliminate competition and disputes over geothermal power prices.
The Small and Medium Enterprises Ministry has brought in financial consultant Danareksa to examine the technical aspects of the acquisition and final decision is expected by end of 2016.
More on geothermal power will be discussed at CMT’s Indonesia Renewable Power on 27 February- 1 March, 2017 in Jakarta.
For more information about the event, contact Ms. Grace Oh at grace@cmtsp.com.sg or call +65 6346 9147.
21 Nov, 2016
