Pertamina plans to increase its geothermal capacity to 1.5 GW by 2030, with investments of up to $50 million to develop the necessary infrastructure. This expansion is crucial for achieving Indonesia’s broader energy goals and sustainable development targets. The company’s strategy includes reducing risks associated with geothermal development through technological innovations, such as Electrical Submersible Pumps, which can enhance production even from sub-commercial wells.

Geothermal energy development, which once took about a decade, can now be completed in as little as five years due to advancements in technology. Pertamina is focused on making geothermal power generation more efficient and cost-effective, thus making the sector more appealing to investors. These efforts align with Pertamina’s commitment to supporting the Indonesian government’s target of Net Zero Emissions by 2060 and contributing to global climate goals.

Pertamina’s initiatives are also closely aligned with the company’s ongoing implementation of environmental, social, and governance (ESG) principles across its operations. By integrating these practices, Pertamina aims to ensure the sustainability of its geothermal projects while fostering long-term growth and stability in Indonesia’s energy sector.

As the country continues its transition to cleaner energy, geothermal power will play a pivotal role in ensuring that Indonesia can meet its energy needs while mitigating the effects of climate change. Pertamina’s leadership in this space is critical to achieving both national energy security and Indonesia’s climate commitments.( Uki Ruknuddin)

 

YouTube player