In the next 10 years, PLN will build (power plants), with around 40 gigawatts (of capacity), and more than 50 percent of it will be sourced from renewable energy
Jakarta (ANTARA) - State-run electricity company PT PLN (Persero) will increase its power generation capacity by around 40 gigawatts, 50 percent of which would be new and renewable energy (NRE)-based plants.

"In the next 10 years, PLN will build (power plants), with around 40 gigawatts (of capacity), and more than 50 percent of it will be sourced from renewable energy," Vice President of Financial Institution and Market Research of PT PLN Maya Rani Puspita noted in the Task Force 8 T20 2022 here, Thursday.

Puspita said the plan was stipulated in the company's Electricity Supply Business Plan for the 2021-2030 period, as one of the efforts towards achieving Net-Zero Emissions (NZE).

According to Puspita, the move to include NRE-based power plants is a step in achieving the renewable energy mix percentage target of 23 percent by 2025.


Related news: Potential for recession real in many countries: Indrawati

"In the business plan, we were assigned to (reach the target of) fuel mix in 2025, some 23 percent of it must come from renewable energy. This means that we have to add more renewable energy plants," she stated.

PLN continues to coordinate with various financial institutions to support Indonesia's efforts to achieve NZE.


Related news: Pertamina offers energy transition investment opportunity for G20


On the other hand, she said, supply from non-NRE power plants is still very large, so it would need to be balanced to achieve NZE.

"This requires balancing because there needs to be a trade-off on how we get to NZE, with the large costs that must be borne by PLN," she stated.

Currently, Indonesia’s renewable energy contribution is holding at 12 percent. Some 88 percent of the national power capacity is still sourced from fossil fuels.

In 2021, the electricity generation capacity in Indonesia amounted to 74 gigawatts.


Related news: Indonesia not facing crisis, but must remain vigilant: minister

Related news: Indonesia can gain investors' trust through Country Platform: KSP

Translator: Astrid F Habibah, Sri Haryati
Editor: Fardah Assegaf
Copyright © ANTARA 2022