Indonesia has invited global energy companies to invest in its largely underutilized geothermal sector, highlighting significant opportunities to support clean energy development and long-term energy security. Speaking at Abu Dhabi Sustainability Week, Deputy Speaker of the People’s Consultative Assembly Eddy Soeparno noted that Indonesia holds around 24 gigawatts of geothermal potential, yet only about 10% has been developed. With abundant geothermal, solar, hydro, and wind resources alongside existing fossil fuel reserves, Indonesia offers a diverse and attractive energy mix for future investment.

To meet growing energy demand and reduce reliance on imports, Indonesia is accelerating its renewable energy agenda. The national electricity development plan targets an additional 69.5 gigawatts of capacity over the next eight to nine years, including 5.2 gigawatts from geothermal and 42 gigawatts from other renewable sources, supported by battery storage. Achieving these goals will require approximately USD 190 billion in investment. To improve the investment climate, the government and parliament are advancing regulatory reforms, including updates to renewable energy, electricity, climate change, and geothermal laws, reinforcing Indonesia’s commitment to creating a supportive and competitive environment for sustainable energy development.
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https://en.antaranews.com/news/399965/indonesia-urges-global-investment-in-underused-geothermal-sector