TheJakartaPost
Please Update your browser
Your browser is out of date, and may not be compatible with our website. A list of the most popular web browsers can be found below.
Just click on the icons to get to the download page.
US, RI to advance cooperation on geothermal energy
The US and Indonesia have agreed to increase collaboration and explore opportunities to accelerate private investment in geothermal energy
Change Size
T
he US and Indonesia have agreed to increase collaboration and explore opportunities to accelerate private investment in geothermal energy.
The commitments came up during a recent workshop to advance geothermal development in Indonesia. Indonesian and US regulatory, financial and technical experts, as well as high level government officials of the two countries, attended the workshop, which was held in Jakarta on Aug.6.
The US Embassy in Jakarta said the workshop participants were engaged in discussions on international best practices for geothermal energy development. They explored opportunities of the two countries streamlining geothermal energy development in policies, rules and regulations while at the same time preserving the integrity of local concerns to protect the environment.
'Experts also explored world-class approaches to reduce risks associated with geothermal development, to increase the efficiency of government processes and to create the financial certainty necessary to increase overall levels of geothermal energy investment,' the embassy said in a statement in Jakarta over the weekend.
It further said developing the clean energy supply had the potential to support long-term, low emission economic growth. It could also help Indonesia meet its climate change target of a 26 percent reduction in greenhouse gas emissions by 2020, or 41 percent reduction with international support, compared to business-as-usual.
'The workshop illustrates how the US is working with its partners to mitigate the causes of global climate change,' said the embassy. (ebf)
