Yogyakarta – Investment in sustainable development by transitioning from fossil energy to green energy requires funds of around USD 500 billion or IDR 7,176 trillion. The financial support is a form of commitment to create zero carbon energy sources, supporting the creation of carbon neutral or net zero emissions (NZE), officials said Wednesday (23/3).
Indonesian state electricity company (PT PLN) President Director Darmawan Prasodjo said in the release of a seminar on De-Dieselization of Energy Sources in Yogyakarta, that to support the government’s steps in developing green energy, PLN are currently converting the use of fossil energy such as diesel power plants (PLTD) to new and renewable energy plants (NRE).
“There will be an additional capacity of around 200 Giga Watt (GW). Most of it comes from renewable energy. It requires an additional investment of USD 500 billion,” said Prasodjo.
PLN plans to convert 499 Mega Watt (MW) of PLTD to NRE-based generators. With the conversion of the oil-based power plant (BBM), PLN will reduce fuel consumption by 67 thousand kilo liters (kl) of fuel use.
Prasodjo invites all parties to participate in creating this transition to accelerate achieving 23% of the NRE mix by 2025.
PLN Director of Mega Projects and NRE, Wiluyo Kusdwiharto added that currently the company is focusing on achieving several targets regarding the use of renewable energy.
“Based on the current RUPTL (electricity supply business plan), PLN’s NRE development target reaches 51.6% or 20.9 GW of new NRE plants which include hydropower 10.4 GW, geothermal 3.4 GW, solar power 4.7 GW and other NRE. 2.5 GW,” he explained. (Hartatik)
Banner photo source: PLN Youtube channel
