Indonesia to reassess geothermal potential to attract investment

(Photo:Pertamina Geothermal Energy)

Indonesia’s strategic location along the Pacific Ring of Fire endows it with approximately 40% of the global geothermal reserves. Despite having a geothermal generation capacity of around 24 GW, limited demand has hindered investment attraction. As a result, the new content of “New and Renewable Energy Bill” (RUU EBET) expected to incorporate inputs from various sectors to reassess renewable energy sources such as geothermal energy across different regions in the country.