2019 年 9 月 地熱月報
ジャカルタ事務所(インドネシア) – 3 件

1. 政府、探鉱プログラムで地熱開発を支援
2019 年 9 月 18 日

（中央：財務省国家資産総局イサ・ラクマタルワタ（Isa Rachmatarwata）総局長）
インドネシア財務省は、政府の探鉱プログラムを通して地熱開発エリアの探鉱を支援し、地熱エネルギー産業への投資を促進する計画があると 18 日ジャカルタで開催されたメディアディス
カッションで発表した。
イサ・ラクマタルワタ国家資産総局長は、コストがかかる上リスクの高い掘削が民間企業や投資家を消極的にさせ、地熱開発の足かせになっているとし、政府が率先してリスクを負い、開発を支援する探鉱プログラムを策定したと述べた。このプログラムには、インフラ金融公社
PT.Sarana Multi Infrastructure、国営電力 PLN 傘下 PT. Geo Dipa Energi、政府系インフラ保証基金 PT. Penjaminan Infrastruktur Indonesia（PII）の 3 つの財務省特別ミッション会社（SPV：Special Mission Vehicle）が関わり、計画や予算編成と運用、調達から実際の掘削までを担う。
エネルギー源が発見され、採算が取れる見込みがある場合は、開発に興味がある投資家らに提供可能と付け加えた。
PT. Geo Dipa Energy のリキ・フィルマンダ・イブラヒム（Riki Firmandha Ibrahim）マネージング
ディレクターは同会場で、インドネシアの地熱探鉱プログラムをサポートする用意があることを表明した。2020 年度の国家予算から 7,000 億ルピア（約 53 億 3,400 万円）の国家資本参加（PMN）
を受ける計画がある。その計画に従い、ジオディパは現在、エネルギー鉱物資源省によって提案された地熱エネルギー源を含むとされる 4 つの新しい井戸を調査している。地熱井は下記。
①東ヌサ・トゥンガラ州ウェ・サノ（Nusa Tenggara Timur, Wae Sano）②北マルク州ハルマヘラ、ジャイロロ（Maluku Utara Halmahera, Jailolo）③南スラウェシ州タナ・トラジャ、ビトゥアン（Sulawesi Selatan Tana Toraja, Bittuang）

④東ヌサ・トゥンガラ州ナゲ（Nusa Tenggara Timur, Nage）（出典：9 月 18 日付アンタラ通信）

2. マルク州ブル県ワプサリット地域（Wapsalit, Kabupaten Buru, Provinsi Maluku）での予備調査
および探鉱エリア（WPSPE）の入札
2019 年 9 月 26 日
番号：001 / WPSPE-DEP / 2019
エネルギー鉱物資源省は、マルク州ブル県のワプサリット地域での地熱予備調査および探鉱（WPSPE）地域指定入札を実施する。入札情報は下記の通り。
1. 予備調査および探鉱エリア（WPSPE）名：ワプサリット（Wapsalit）
2. WPSPE 場所：マルク州ブル県
3. WPSPE エリア：6,038 ha
4. ポテンシャル：26 MWe
5. 提出期限：2019 年 9 月 26 日～2019 年 10 月 25 日
時間：午前 8 時 16:00 WIB
会場：Sekretariat Panitia Pemilihan PSPE Panas Bumi
Gedung Ditjen EBTKE lt.3
Jl. Pegangsaan Timur No. 1, Menteng
Jakarta Pusat（出典：9 月 26 日付新再生可能エネルギー・省エネルギー総局（EBTKE）ホームページ）

3. 世界銀行、地熱探鉱事業に 1 億 5,000 万米ドル（約 161 億 6,800 万円）の融資を承認
2019 年 9 月 28 日 アンタラ通信（世界銀行インドネシア・東ティモール代表ロドリゴ A シャベス（Rodrigo A Chaves）氏）
インドネシアで地熱発電事業を拡大する主な障害の 1 つである探査掘削へのリスク軽減のため、世界銀行の理事会は地熱探鉱事業に 1 億 5,000 万米ドル（約 161 億 6,800 万円）の融資を承認した。
世界銀行インドネシア・東ティモール代表のロドリゴ・A・チャベス氏は、地熱発電事業を拡大する主な障害の 1 つである探査・掘削資金を克服することにより、この国の巨大な地熱ポテンシ
ャルを十分に活用できると述べた。この融資は、「地熱資源リスク軽減（GREM：Geothermal

Resource Risk Mitigation ）プロジェクト」の一環。探鉱事業への融資を行うことで、再生可能エ
ネルギーの開発促進を図る。また、世界銀行は、インドネシアの経済成長、雇用創出、繁栄の基盤として電力への普遍的なアクセスを達成できるよう支援することにコミットしていると付け加えた。
インドネシア・エネルギー鉱物資源省スティヤストト（FX Sutijastoto）EBTKE 総局長は、地熱発電プロジェクトは、特に探査・掘削段階で高いリスクのある投資であり、この初期段階で資金を提供し、リスクを共有する GREM プロジェクトを歓迎すると述べた。クリーンで再生可能なエネ
ルギー源であり、継続的に電力を供給することができる地熱発電は、インドネシアの石炭や他の化石燃料への依存を軽減することが可能。また、2025 年までの政府目標である再生可能エ
ネルギーの割合を 23％に引き上げる電源構成比率を達成するには、約 7％または 7,000 MWに相当する地熱開発からの貢献が必要であり、それには 350 億米ドル規模の投資が必要となる。
インドネシアは原油の純輸入国であり、全国の総電力容量のうち、88％が化石燃料に由来し、12％が再生可能エネルギーに由来している。地熱発電は既に 1.9GW 発電されており、政府の再生可能エネルギー目標を達成するために、さらに 4.6GW の発電開発を計画している。
（出典：9 月 28 日付アンタラ通信）

IIGCE2019_エネルギー鉱物資源副大臣によるプレゼン資料

KEMENTERIAN ENERGI DAN SUMBER DAYA MINERALLDIREKTORAT JENDERAL ENERGI BARU TERBARUKAN DAN KONSERVASI ENERGIERGGIGEOTHERMAL AS A CLEAN AND RENEWABLE ENERGY
SOURCE IN THE ENERGY MIX

Vice Minister of Energy and Mineral Resources
The 7th Indonesia Internasional Geothermal Convention & Exhibition
Jakarta, 13th August 2019

CURRENT CONDITION
The Indonesia’scommitment on climatechange (Paris Agreement)

NRE MW

Renewable energy capacity
shall be increased
Energy access should be
distributed to elevate
electrification ratio so it canreach to the people in goodquality and reliable

02

01

07
03
Efficent

Energy price is needed tobe affordable for low
income people and to beeconomic viable for midhigh income people

06

IDR IDR IDR

Inefficient

04
05
%
EBT
Fosil

Energy supply is still
dominated by fossil energy

Inefficient energy
consumption indemand side

NRE
Potential= %NREAbundant resources ofrenewable energy but
low utilization

2

GEOTHERMAL ENERGY CONTRIBUTION TO THE
TOTAL POWER PLANT IN INDONESIA 2018
Installed capacity of power plant by fuel9% Hydro PP (5,733 MW)
Coal PP (34,431 MW) 55%

3%
Geothermal PP (1,948.5 MW)

1%Other NRE (390.1 MW)

6%
Diesel PP (4,022 MW)

26%
Fossil
Fuel

87.2%

Green
Power

12.8%

Gas PP (16,458 MW)

3

ACHIEVEMENT OF GEOTHERMAL DEVELOPMENT IN 2018
Resources

Regulation • Law 21/2014 Æ Geothermal

25,386.5 MW
Geological Agency, Dec 2018

Geothermal Working Areas (GWA)64 GWA & 13 PSPE
Areas
• 19 Existing GWA• 45 New GWA• 13 PSPE Areas

Investment

USD 1.214 Billion(2018)• 100% from 2018 target(USD 1,214 M)

Installed Capacity• GR 7/2017 Æ Geothermal for Indirect-uses• MEMR No. 21/2017 Æ Mud Wastes & Drilling
Cutting Management• MEMR No.23/2017 Æ Production Bonus• MEMR No. 36/2017 Æ PSP & PSPE
• MEMR No. 37/2017 Æ GWA• MEMR No.33/2018 Æ Data & Information• MEMR No.37 /2018 Æ Geothermal Licensing

Electricity Production

14.011 GWh (2018)• 106,24% from
(13.188 GWh)

2018

targetSteam Production

103.71 Million Tons (2018)• 103.71% from 2018 target (97.84 million
Tons)

Non-tax State Revenue

1,948.5 MW

Rp 2.28 Trillion (2018)• 13 GPP from 11 GWA• 6,8% from total resources• 325.7 % from 2018 Target Rp
700 Billion

5National Commitment in Global
Climate Change
The GOI also committed to participate on
global sustainableaction as pledged byPresident Joko Widodo, at the 21st COP
2015 in Paris, known as Paris Agreement thatis committed :9 To reduce greenhouse gas emission in
2030 to 29% on its own efforts.
9 With International support, the reduction ofgreenhousegas emission is targeted up
to 41%.
President of The Republic of Indonesia:“Emition mitigation in energy sector conductedin several ways:
9 Switch fuel subsidy into productive sector;
9 Enhancement of renewable energy use
about 23% of total
national energy
consumption by 2025;
9 Generating Power from Waste (Waste-toenergy consept).

6

RENEWABLE ENERGY DEVELOPMENT STRATEGYIN ENERGY MIX 2025
Geothermal 3%
100%
90%

Electricity
13%*)

13%*)

23%

13%*)

38%

60%

3%

Impor (75%)

35%

33-34%

28-32%

Produksi
DN(25%)

50%

2-5%

Non
Electricity

3%

80%
70%

13%*)

3%

40%
30%
20%
10%
0%
BPPT Outlook

B-30 = NRE

Gas

Coal

Oil

Biodiesel

B30 + Green BiofuelGreenfuelBioenergy PP

2025
B30 + Green Biofuel+Bioenergy PP
NRE*) Note: International Institute for Sustainable Development (IISD) Projection of Renewable Penetration in
Energy Mix 2025 = 15%7

ELECTRIFICATION RATIO 2018
The Achievement for national electrification ratio until Q4 2018has reach 98.3%*, with the composition as follows:
PLN 95.45%; Non-PLN 2.48%; and LTSHE 0.37%.

KALIMANTANSUMATRA
1
2
3
4
5
6
7
8
9
10

Aceh
North SumatraWest Sumatra
Riau
Riau Islands
Jambi
Bengkulu
South Sumatra
Lampung
Babel

99.18
99.99
91.83
99.00
88.10
97.39
99.77
91.38
95.78
99.99

JAVA-BALI-NUSRA
11 Banten
99.99
12 Jakarta
99.99
13 West Java
99.99
14 Central Java
98.38
15 Yogyakarta
99.99
16 East Java
93.87
17 Bali
99.99
18 West Nusa Tenggara 89,10
19 East Nusa Tenggara 61.90

East Nusa Tenggara
61.90%
Note:> 70

50 - 70< 50

Electrification Ratio 2010 - 2019 [%]

73.0

76.6

80.5

Achievement

84.3

88.3

Target91.2

Realization Q3

95.3

20 West Kalimantan 87.28
21 Central Kalimantan 84.56
22 South Kalimantan 95.96
23 East Kalimantan
99.99
24 North Kalimantan 90.28

SULAWESI
25 South Sulawesi
26 Southeast
Sulawesi
27 West Sulawesi
28 Central Sulawesi
29 Gorontalo
30 North Sulawesi

99.99
86.68
99.73
91.54
87.76
97.11

MALUKU & PAPUA
31 Maluku
32 North Maluku
33 West Papua
34 Papua

89.18
99.45
99.99
81.66

*) unaudited

98.3
5

99,9

97.5

67.2

2010

2011

2012

2013

2014

2015

2016

2017

2018

2019

8

GEOTHERMAL POTENCY IN INDONESIA
Potential Energy (MW)No

IslandNum. of
Location Speculative Hypothetic

Reserves
Possible

Probable

ProvenTotal

Installed
Capacity(MW)

1

Sumatera

103

2.776

1.689

3.889

1.083

1.028

10.465

562

2

Jawa

73

1.190

1.460

3.708

516

1.820

8.694

1.254

3

Bali

6

70

22

122

110

30

354

0

4

Nusa Tenggara

28

225

210

829

121

12.5

1.397,512,55Kalimantan

14

151

18

12

0

0

181

0

6

Sulawesi

89

1.360

362

1.041

180

120

3.063

120

7

Maluku

33

560

91

497

6

2

1.156

0

8

Papua

3

75

0

0

0

0

75

0

349

6.407

3.852

10.0992.016

3.012,525.386,5

1.948,5

Total

10.25915.127,525.386,5

Badan Geologi Kementerian ESDM, 20189 TARGET KAPASITASKAPAIndonesia is the
2nd largest
geothermal
producer after
surpassed
Phillipines in
2018

Targeted Capacity (MW)

8000

6000

Installed Capacity per 2018 : 1,948.5 MW
Plan of additional installed capacity in2019 is 185 MW including:

7.000

Indonesia will be
the 1st largest
geothermal
producer after
surpassed US in
2024*

6.000

5.000

1. Lumut Balai PP Unit 1 (55 MW)
2. Sorik Marapi Modullar PP Unit 1 (45 MW)
3. Muaralaboh PP Unit 1 (80 MW)
4. Sokoria PP Unit 1 (5 MW)

4.000

3.000

4000

2.000

2000
1.000

00

0

Installed Capacity

Additional Capacity

Targeted Capacity* Assumption: if the capacity of Philippines (1,870 MW) and US (3,450 MW) are not increased

Tambahan Kapasitas (MW)

10000

8.000

GEOTHERMAL DEVELOPMENT PLAN ROAD MAP 2019 – 2030
Based on Development Progress
a. Existing (on going, PPA): 61 Projects on 29 GWA
Æ 2.547 MW
b. Pipeline (in RUPTL, non PPA) : 52 Projects on 34 GWA/WPSPE
Æ 2.015 MW
c. Resources (non RUPTL):
107 Projects Æ 3.491 MW- 60 projects on 32 GWA Æ 1.931 MW- 23 projects on 13 WPSPE Æ 875 MW- 24 projects on 22 Open Area Æ 685 MW

Geothermalmal D
Development
evelopm2019 – 2030: 10.002 MW
Installed Capacity : 1.948,5MW+
220 PROJECTS Plan of Dev
Until 2030
8.053,5 MW

Based on COD
a. Short Term 2019-2024
b. Medium Term 2025-2028
c. Long Term 2029-2030: 48 Projects Æ 1.522,5 MW: 126 ProjectsÆ 5.131 MW: 46 Project sÆ 1.400 MW

Based on resources
a. High Temp > 225˚C: 168 Projects Æ 6.896,5 MW
b. Medium Temp 125˚C - 225˚C : 52 ProjectsÆ 1.157 MW

PROJECT LIST OF SMALL SCALE GEOTHERMAL PP ROAD MAP 2019-2030
No.
No

Geothermal PP

DeveloperDevveloper

Capacity(MW)Capaacity(MW)Year

Remaks
R
Rem
aks

1
2
3
4
5
6
7
8
9
10
11
12
13
14
15

Sokoria #1
Sokoria #2
Sokoria #3
Jaboi #1
Dieng Small Scale
Tulehu #1
Tulehu #2
Sokoria #4
Jaboi #2
Sokoria #5
Ulubelu Small Scale
Lahendong Small Scale #1
Lumut Balai Small Scale
Lahendong Small Scale #2
Hululais small scale #1

PT Sokoria Geothermal Indonesia
PT Sokoria Geothermal Indonesia
PT Sokoria Geothermal Indonesia
PT Sabang Geothermal Energy
PT Geo Dipa Energi (Persero)
PT PLN (Persero)
PT PLN (Persero)
PT Sokoria Geothermal Indonesia
PT Sabang Geothermal Energy
PT Sokoria Geothermal Indonesia
PT PGEPT PGEPT PGEPT PGEPT PGE

5
5
5
5.5
10
2
5
5
5
5
20
5
5
5
10

2019
2020
2020
2021
2021
2021
2022
2022
2023
2023
2023
2023
2024
2024
2025

Exploitation

Exploration
Exploitation
Exploitation
Exploitation
Exploration
Exploitation
Exploitation
Exploitation
Exploitation
Exploitation
Exploitation

12

PROJECT LIST GEOTHERMAL PP (SMALL SCALE) ROAD MAP 2019-2030
No.
No

Geothermal PP

DeveloperDevvelopeer

Capacity(MW)

Year
Ye
ear

Remaks
Re
em
maks

16
17
18
19
20
21
22
23
24

Kamojang Small-scale#1
Kamojang Small-scale#2
Sungai Penuh small scale
Lahendong Small Scale #3
Atadei #1
Sokoria #6
Gn. Sirung
Wapsalit
Atadei #2

PT PGEPT PGEPT PGEPT PGEPT PLN (Persero)
PT Sokoria Geothermal Indonesia
PT PLN (Persero)
PT PLN (Persero)

10
10
5
5
5
5
5
6
5

2025
2025
2025
2025
2025
2025
2025
2025
2027

Exploitation
Exploitation
Exploitation
Exploitation
Exploration
Exploitation
Exploration
Exploration
Exploration

TOTAL

153,5

13

BINARY PROJECT LIST ON ROAD MAP 2019-2030
No.

PLTP

Pengembang

Kapasitas (MW)

Tahun

1

Dieng Binary #1

PT Geo Dipa Energi (Persero)

10

2021

2

Salak Binary

Star Energy Geothermal Salak (SEGS), Ltd

15

2022

3

Dieng Binary #3

PT Geo Dipa Energi (Persero)

10

2030

4

Dieng Binary #2

PT Geo Dipa Energi (Persero)

10

2025

5

Lahendong Binary #2

PT PGE

10

2025

6

Lahendong Binary #3

PT PGE

10

2025

7

Lahendong Binary

PT PGE

10

2025

TOTAL

75

14

GEOTHERMAL BUSINESS SCHEME
BASED
S O
ON GO
GOVERNMENT REGULATIONG
O 7/2017/20

PSA or PSA+E
by Private

GWA
Enactment

PS or PS + E
by Government

GWA’s Tender:• Open Tender(Surveyed byGovernment)• Limited Tender(Surveyed by Private)

Assignment to StatedOwned Companies

Assignment to PublicService Agencies

30 Years

Exploration: 5+1+1
Years

GL
Issued
(IPB)

FS

EBL
Issued(IUPTL)

Assignment toPT.PLN topurchase

PPA

Production

Not to be developed,
Not economically
viablePS + E = Preliminary Survey + Exploration
PS= Preliminary Survey
GL = Geothermal License
EBL = Electrical Business License
PPA = Power Purchasing Agreement
GWA = Geothermal Working Area
PSA = Preliminary Survey Assignment
PSA + E = Preliminary Survey Assignment + Exploration

FS = Feasibility StudyBENEFITS OF GEOTHERMAL DEVELOPMENT
Sustainable energy
Ladarello 1911
New Zealand 1958
Reliable / High
Availability Factor

Indonesia 1983

Geo PP 90-95 %Low-carbon
emission

Coal PP 60-80 %- 1/7 from Gas PP

Hydro PP 50 %- 1/15 from CoalPP

Solar PP 20 %Wind PP 40 %Geothermal
EnergyBenefits

Postive impact tonational economy

Renewable Energy- No fuel required- Localinfrastructure- Increase of NonTax State Revenue

Resistance toinflation
Stable tariff fixed
price

16

CHALLENGES IN GEOTHERMALDEVELOPMENT
Geothermal Location Within Forestry Area

Cost Efficiency

Funding

Social Matters Issue

Uncertainty of Resources

17

STRATEGY FOR GEOTHERMAL DEVELOPMENT
1. Optimizing existing geothermal fields using binary and well head power plants as
RUPTL;
2. Creating Market Demand- Flores Geothermal Island- Synergizing State-owned Enterprises in geothermal developments- Developing industrial areas based on renewable energy resources (Halmahera
Cluster and Bacan Cluster)
3. Easy access for competitive funding;
4. Simplification of Permits and Regulation;- Easy Licensing;- Implementation of online licensing;- Improving quality of data and information;- Implementation of monitoring and evaluation and problem solving facilitation
for geothermal projects;- Improving Human Resources;
5. Synergizing inter governmental bodies and stakeholders
18

FLORES GEOTHERMAL ISLAND
Flores as Geothermal Island was determined by
the Minister of MEMR Regulation No. 2268 K/30/MEM/2017

18 Locations
Resource : 735.5 MW
4. Mapos: 50 MWe
5. Rana Masak: 20 MWe
6. Rana Kulan: 7.5 MWe
7. Ulagalung: 5 MWe

1. Ulumbu: 86 MWe
2. Wai Pesi: 54 MW
3. Wae Sano: 151 MWe (TheReserves : 527 MW
16. Oka Ile Ange: 50 MWe
17. Oyang Barang: 37 MWe

first project of Government
Drilling)

Nage : 30 MWe(New prospect for the
next Government Drilling)

8. Gou-inelika: 37 MWe
9. Mataloko: 52.5 MWe(Location of direct use program)

10. Mangeruda: 5 MWe(Location for micro-binary
program)ebtke.esdm.go.id

djebtke_kesdm

Lintas EBTKE

11. Komandaru: 11 MWe
12. Ndetusoko: 10 MWe
13. Sokoria: 80 MWe
14. Jopu: 5 MWe
15. Lesugolo: 45 MWe@DitjenEBTKE

19

GEOTHERMAL DEVELOPMENT FUNDING BREAKTHROUGH
1 Derisking Facility for exploration risk through adding data and information1.
informmationation tothe GWA with geothermal drilling
2. To fund the Government Drilling program, the Government received a grantfrom the Clean Technology Fund (CTF) of USD 49 million, and in accordancewith the agreement the proportion of financing between PT SMI (Persero) and
CTF was 50% -50%, so PT SMI allocated PISP funds amounting to USD 49
million to be used as matching funds

1
Government Drilling
Programme Fund

2
Geothermal Infrastructure
Development Fund (PISP)

3
Geothermal Resource
Risk Mitigation Project(GREM)

Facility for financing Exploration and Exploitation activities
and geothermal projects development by SOEs for indirect
geothermal (electricity) use using Geothermal Sector
Infrastructure Financing (PISP) ​funds

1. GREM is a soft financing scheme from the World Bank (WB) as well as aloan (converted grant) from the Climate Fund (GCF / CTF) which is lent todevelopers through PT SMI which acts as an Implementing Agency
2. The interest offered from the World Bank is around <5%(Commercial Interest <7%, USD)

20

GEOTHERMAL INFRASTRUCTURE DEVELOPMENT FUND (PISP) Legal basis:
In 2017 PMK Number 62 / PMK.08 / 2017 was issued concerning theManagement of Geothermal Sector Infrastructure Financing Funds in the
Company (Persero) of PT Sarana Multi Infrastruktur (PT SMI) PISP purposes:- Funding of Exploration and Exploitation activities as well as geothermal
project development by SOEs or PKUK holders for indirect geothermal use(becoming electricity); and- Provision / addition of Geothermal Data and Information for Geothermal
Working Areas preparation, which are carried out by PT SMI based on a
special assignment from the Minister of Finance proposed by the Minister ofEnergy and Mineral Resources or the Managing Director of BUMN / a BUMN
subsidiary in Geothermal or Government Drilling.
 The use of PISP for Candradimuka field exploration at PT. Geo Dipa

21

PISP FOR FUNDING CANDRADIMUKA PROJECT DEVELOPMENT
1) PT SMI is exploring the use of PISP funds to fund exploration activities
by SOEs, namely PT Geo Dipa and PT PLN (Persero)
2) The Chandradimuka Prospect Area is one of the prospects within theDieng Plateau GWA managed by PT GDE (Persero)
3) The investment costs for developing Chandradimuka's geothermal
prospect are estimated at around USD 4.7 million per MW, with funding
sources for the exploration phase using the Geothermal Sector
Infrastructure Financing (PISP) ​fund managed by PT SMI, and for the
exploitation phase using funds from the Japan International Cooperation
Agency (JICA).
4) In order to propose the use of PISP funds by PT GDE (Persero) to PT
SMI, certainty is needed from PT PLN (Persero) for the purchase ofelectricity that will be generated from the Candradimuka Area.

22

SOE DRILLING SCHEME

Sumber : PT SMI
23

GREM PROGRAM - WORLD BANKOverview of GREM program:
1. The biggest risk in geothermal development is at the stage of exploration activities so commercial banks
are reluctant to provide funding for exploration activities and usually funding is given after exploration
activities are completed. Biggest risk on geothermal development at the exploration phase
2. To minimize this risk, this GREM program breakthrough was designed.
3. GREM is a soft loan scheme from world banks that can be accessed by private or state-owned investors.
4. The GREM facility has the following benefits:a. Being a derisking facility that is not available in the market because there are no financial institutions
that provide funding facilities for exploration
b. If developers use GREM loan funds, they will be more competitive than they use equity for
exploration financing
c. There is a loan forgiveness facility of up to 50% which can ease the burden of the developer to returnthe facility if the exploration fails
5. GREM funds will be distribute through the bluebook and will be managed by PT SMI.
Advantages:
1. Developers can get loans from GREM from the startof the project.
2. Lower interest rates.
3. If a failure occurs, the mechanism is partly replaced.

Weakness:
1. This mechanism has never been applied inother countries.
2. Funds cannot be rolled
3. Detailed discussions are still needed between
WB and SMI
24

Thank You

25

Development Plan
11
WKP

10.002 MW (2030)

On Operation 1.948,5 MW
Expantion Plan 1.005 MW
Sibayak
Ulubelu
Cibeureum-Parabakti
Pangalengan
Kamojang-Darajat
Dieng
Lahendong-Tompaso
UlumbuMataloko
Sibual-Buali
Karaha Cakarabuana(12 MW) / (220 MW) / (40 MW)(377 MW) / (70 MW)(282 MW) / (170 MW)(505 MW) / (55 MW)(60 MW) / (265 MW)(120 MW) / (65 MW)(10 MW) / (40 MW)(2,5 MW) / (20 MW)(330 MW) / (260 MW)(30 MW) / (20 MW)

9
WKP

Development Plan
(Exploitation 1.257 MW
Sungai Penuh
Lumut Balai
Hululais
CibuniC
TTabanan
TTulehu
Muaralaboh
Rantau Dedap
Sorik Marapi(110 MW)(220 MW)(165 MW)(10 MW)(65 MW)(7 MW)(220 MW)(220 MW)(240 MW)

Development Plan (Exploration) 1.645 MW

22
WKP

Arjuno Welirang
Atadei
Baturaden
Blawan Ijen
Candi Umbul Telomoyo
Danau Ranau
Gn. Lawu
Gn. Rajabasa
Gn. Sirung
Gn. Talang- Bukit Kili
Gn. Tangkuban Perahu
Gn. Ungaran(185 MW)(10 MW)(220 MW)(110 MW)(55 MW)(40 MW)(110 MW)(220 MW)(5 MW)(20 MW)(60 MW)(55 MW)

Jaboi
Kaldera Danau Banten
Kepahiang
Oka-Ile Ange
Seulawah Agam
Sokoria
Songa Wayaua
Telaga Ngebel
Way Ratai(10 MW)(110 MW)(110 MW)(10 MW)(55 MW)(30 MW)(10 MW)(165 MW)(55 MW)

13
WPSPE

Area
prsopeklainnya22
WKP

GWA Offering andGovernment
Drilling
Development Plan
945 MW

Development Plan
555 MW
Gn. Hamiding
Graho Nyabu
Sekincau Selatan
Simbolon Samosir
Tanjung Sakti
Huú Daha
Geureudong
Cubadak
Pentadio
Klabat Wineru
BonjolTandikat Singgalang
Lawang Malintang(100 MW)(110 MW)(90 MW)(50MW)(20 MW)(20 MW)(50 MW)(20 MW)(5 MW)(10 MW)(40 MW)(20 MW)(20 MW)

Other prospect area :Optimalization
Existing Area and Open Area2.646.5 MW