An excess supply of electricity in the Java-Bali grid, which has been blamed for hampering the development of renewable power, is expected to be resolved in 2028, says an executive at the state-owned electricity firm.
he oversupply of electricity in Indonesia, which has been blamed for hampering the development of renewable power, is expected to be resolved in 2028, according to an executive at state-owned electricity company PLN.
“The demand for electricity has been growing steadily at over 5 percent since the pandemic,” said PLN energy transition and climate change vice president Anindita Satria Surya during a panel discussion hosted by the British Chamber of Commerce in Indonesia (BritCham) on Monday.
“We're expecting several major projects, including geothermal power plants, to be completed [amid a] further increase in demand up until 2028,” he continued at the event titled Indonesia’s Future as a Sustainable Investment Superpower. “After 2028, we anticipate the oversupply issue to be resolved.”
Currently, PLN as the country’s sole electricity provider generates more power than it can sell.
Read also: Indonesia to abandon 23% renewable energy target
This oversupply problem is particularly acute in the Java-Bali system, where it amounted to 4 gigawatts at the end of 2023, according to data from the Energy and Mineral Resources Ministry, cited by Bisnis.com.
Share your experiences, suggestions, and any issues you've encountered on The Jakarta Post. We're here to listen.
Thank you for sharing your thoughts. We appreciate your feedback.
Quickly share this news with your network—keep everyone informed with just a single click!
Share the best of The Jakarta Post with friends, family, or colleagues. As a subscriber, you can gift 3 to 5 articles each month that anyone can read—no subscription needed!