Indonesia plans nearly 70GW of new power capacity by end 2034, including coal
The Indonesian government said it will need 2,967.4 trillion rupiah (S$235 billion) of investment to realise the expansion. PHOTO: REUTERS
Indonesia plans nearly 70GW of new power capacity by end 2034, including coal
JAKARTA - Indonesia plans to add 69.5 gigawatts (GW) of power capacity by the end of 2034, much of which is from renewable sources, though it still expects to have new coal-fired power plants come online, its Energy Ministry said on May 26.
Detailed in a new 2025-2034 energy supply plan, the government said Indonesia will need 2,967.4 trillion rupiah (S$235 billion) of investment to realise the expansion.
State utility Perusahaan Listrik Negara will invest 567.6 trillion rupiah in new power plants and the government will offer 1,566.1 trillion rupiah of opportunities to investors.
South-east Asia's largest economy has been working on the electricity supply plan for months, promising it to be an environmentally friendly investment plan that supports a target of reaching net zero greenhouse gas emissions by 2060.
The new plan calls for 42.6GW of power plants with renewable sources such as solar, hydroelectricity and geothermal, as well as 10.3GW of energy storage. It also includes 10.3GW of gas-fired power plants and 6.3GW of coal-fired power plants.
The document also introduced a plan for 0.5GW of energy from nuclear power plants, the first of which would start operating in 2032.
The country will also build 47,758km of transmission lines under the plan.
Indonesia has previously said investment in transmission lines to connect high energy demand places with renewable power is key for its efforts to decarbonise the power sector. REUTERS
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