Jakarta – The energy transition period can be a triggering factor for renewable energy to be more expensive than coal. Therefore, the government is asked to make strict rules in the transition of renewable energy, officials said Sunday (10/7).
Deputy for Prevention and Monitoring of the Corruption Eradication Commission (KPK) Pahala Nainggolan said in a written statement, that energy prices could skyrocket if not strictly regulated. “KPK encourages the determination of price policies and business processes (renewable energy), which are very much determined by a regulation,” he said.
Nainggolan said the KPK encourages cooperation in making regulations related to renewable energy between countries. The policy must exist so that there are no parties who take excessive profits. “KPK has discussed the strict regulation on renewable energy in the G20 Anti-Corruption Working Group (ACWG). The issue is considered to need to be discussed so that it does not have an impact on the welfare of the people,” he said.
According to him, stakeholders are also obliged to determine prices seriously. The reason is that the determination of prices in a regulation can be valid for decades. The KPK asked all law enforcers to keep an eye on the renewable energy sector. It is believed that people’s suffering will be felt if the renewable energy sector becomes a field of corruption.
“In the G20 forum, the conditions are different in many countries. In Indonesia, the cost will be expensive and it should not be corrupted,” said Nainggolan.
Meanwhile, the process of forming a new energy law and renewable energy is still rolling. This draft bill contains several points, one of which is the price of new energy and renewable energy.
Article 54 of the parliament’s proposed bill stipulates that the price of renewable energy is determined based on the agreement of the parties taking into account the economic value and a reasonable rate of return for business entities, and the central government’s determination of the highest benchmark price while taking into account a fair economic value and a reasonable rate of return for the entity. energy supply businesses and privately-owned enterprises and/or state-owned electricity companies as buyers.
In the event that the price fixing for the purchase of renewable energy fails, the bill stipulates that the price fixing is carried out based on the assignment of the central government at a price determined through negotiation between the parties. The reference is the location-specific economic price and the capacity to be developed
Then, if the price of electricity sourced from renewable energy in the context of the assignment is higher than the basic cost of providing electricity for a state-owned electricity company, the central government is said to guarantee the readiness of the budget to carry out the obligation to provide compensation in the form of refunding the difference between the price of renewable energy and the basic cost of providing the power plant. local electricity company to the state-owned electricity company, including compensation for a reasonable margin in accordance with the assignment. (Hartatik)
