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Although Indonesia's renewable energy potential is plentiful and investments are very attractive, developers, including regulation, face many obstacles, including regulation.
Jakarta akarta akartaakarta – Government support for the development of new and renewable energy (EBT) remains very low. If there is no change, the goal of the National General Energy Plan (RUEN) in 2025 stipulates the EBT plant's ability to reach 45,000 megawatts (MW).
The Executive Director of the Institute for Essential Services Reform (IESR), Fabby Tumiwa, EBT investors are also faced with incoherent regulation that degrades investment interests. According to Fabby, these two policies removed the feed-in tariff incentives and replaced them with renewable electricity-based electricity pricing rules. a maximum of 85% of the cost of production (BPP) PT Perusahaan Listrik Negara (Persero) in each region. Permen # 50/2017 also makes EBT projects non-bankable due to purchase price provisions with reference to BPP PLN and the provision of Build, Own, Operate, Transfer (BOOT).
"Despite the potential of renewable energy in Indonesia abundant and of interest The investment is very high, but so far, developers face many obstacles, especially the Energy projects of the order of 10 MW (medium scale), said Fabby, Jakarta, Tuesday (4/7).
at the end of 2017, a total of 70 developers of Renewable energy who signed the PPP with PT PLN.However, in June 2018, only four of the factories are already in commercial operation (COD), while 45 other projects are forced to hang because the developers have trouble to obtain funds from banks and up to the limit indicated in the EAP
A report from the Ministry of Energy and Mineral Resources (ESDM), the value of investments in the sector renewable energy in 2017 amounts to 11.74 billion rupees.This value is down from previous years, reaching Rs 21.25 billion (2016), Rs 13.96 billion (2015) and Rs 8.63 billion (2014).
Many promoters are struggling to obtain funds in the country because banks think that the renewable energy project is considered high risk and that interest rates on loans are still double digit On the basis of this statement, President Joko Widodo (Jokowi) said that EBT did not need any incentive support during the inauguration of the Bayu Power Plant (PLTB ) in Sidrap, (19659004) As we know, President Joko Widodo (Jokowi) inaugurated in early July the PLTB Sidrap and PLTB Janeponto. The capacity is for PLTB Sidrap 75 MW and Jeneponto 70 MW PLTB
In this case, President Jokowi said that the government does not need to intervene and set the selling price electricity from renewable energy generator. In addition, the President has also not expressed any incentives.
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