METI discloses that Indonesia’s renewable energy reaches around 3,700 GW, originating from solar, wind, hydro, bioenergy, geothermal, and sea energy.
Heaptalk, Jakarta — Indonesia Renewable Society (METI) supports implementing the Indonesia EBTKE ConEx 2023 event, which is expected to achieve a 31% emission reduction in 2030.
“The renewable energy utilization can reduce our dependence on limited fossil energy sources, help reduce greenhouse gas emissions, and create jobs and sustainable economic enhancement in the country,” The Chairman of METI, Wiluyo Kusdwiharto, said during the Indonesia EBTKE ConEx Press Conference, Jakarta. (07/05)
Further, Wiluyo elaborated on the potential for renewable energy in Indonesia, which reaches around 3,700 gigawatts (GW), coming from solar, wind, hydro, bioenergy, geothermal, and sea energy. However, Wiluyo claimed that its utilization has only reached around 4% of the total potential for renewable energy.
“In our country, we observe the potential for Solar Photovoltaic of 3,295 GW, Geothermal of up to 24 GW, 95 GW of hydropower of 95 GW, Wind of up to 155 MW, Bioenergy of 57 GW, and Ocean Waves of up to 60 GW,” added Wiluyo.
In line with the global direction in climate change, METI emphasizes the importance of concrete steps needed to meet the 31% emission reduction target as stated in the Enhanced Nationally Determined Contribution Republic of Indonesia 2022 document. In this context, this renewable energy organization considers a vital contribution from the government in creating a conducive and supportive investment climate for this industry.
Indonesia EBTKE ConEx to unlock investment opportunity in the renewable energy sector
Concurrently, the Chairman of the Steering Committee for Indonesia EBTKE ConEx 2023, Eka Satria, revealed several possibilities by holding Indonesia’s EBTKE ConEx. He affirmed the event aims to educate people and other industries to comprehend renewable energy utilization to reduce greenhouse gas emissions and tackle climate change. In this agenda, numerous latest innovations will be showcased to boost clean energy in the country.
Besides educating society on renewable energy, he also conveyed that this exhibition will open up investment opportunities for renewable energy industry players, investors, and other stakeholders to establish business relationships and explore investment opportunities in this sector in Indonesia.
“This exhibition is a forum for meeting various stakeholders, such as the government, industry, academia, and the public, to interact, share knowledge, and build strategic partnerships. This cross-sector collaboration will strengthen joint efforts in facing sustainable energy challenges and is expected to encourage increased investment in developing renewable energy infrastructure,” concluded Eka.
