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Jakarta Post

Pertamina plans expansion into renewable energy

  • Viriya P. Singgih

    The Jakarta Post

Jakarta   /   Thu, December 14, 2017   /   10:54 am
 Pertamina plans expansion into renewable energy State-owned energy firm Pertamina aims to penetrate deeper into the renewable energy sector with plans to invest in green technology companies, in order to lessen its dependence on oil and gas. (Shutterstock/File)

State-owned energy firm Pertamina aims to penetrate deeper into the renewable energy sector with plans to invest in green technology companies, in order to lessen its dependence on oil and gas.

Pertamina has a 2030 target to generate 2,300 megawatts (MW) from geothermal power plants and 600 MW from solar power plants, as well as distributing 17,000 barrels of biofuel per day.

Within the same time frame, the company will be seeking opportunities to produce 300 MW from wind power plants and 200 MW from biomass plants.

“When we speak of technological maturity and economic attractiveness [of renewable energy], geothermal, biodiesel, biomass and solar power will certainly be prioritized,” Pertamina gas and renewable energy director Yenni Andayani said recently.

Read also: Reforms needed in renewable sector: BPK

“We will also look at other options, like developing bio-avtur [bio-aviation turbine fuel] or bioethanol, but these will require further evaluation,” she added.

Pertamina currently operates geothermal power plants with a combined capacity of only 587 MW, a mere 2 percent of the country's total geothermal potential.

Pertamina president director Elia Massa Manik said it was important for the company to master the technologies necessary to further develop its renewable energy business. (bbn)