Green energy played a proportionally bigger role in Indonesia last year but still fell short of the government’s expectations as the COVID-19 pandemic hit demand and investments.
Energy and Mineral Resources Ministry data show that the contribution of green energy to Indonesia’s total energy consumption rose from 9.15 percent in 2019 to 11.51 percent last year but still fell short of the targeted 13 percent.
The ministry’s renewables director general, Dadan Kusdiana, attributed the rising portion of renewables to new green power plants that came online last year and to higher consumption of 30 percent palm oil-mixed biodiesel (B30).
Progress was, however, limited by an investment shortfall. Indonesia captured US$1.36 billion in green energy investments in 2020. The figure is 2.9 percent below the $1.4 billion recorded in 2019 and only 60...
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