Google

ASEANAFFAIRS
Sign up | Log in

    ASEAN PROFILES

  ASEAN KEY DESTINATIONS

Home  >>   Daily News  >>   Indonesia  >>Energy  >> Govt pushing forward 19% new, renewable energy target by 2019
NEW UPDATES Asean Affairs  2 June 2015  





Govt pushing forward 19% new, renewable energy target by 2019

The Indonesian government is pushing forward its target of 19 percent new and renewable energy use by 2019 to reduce the country’s dependence on fossil-based energy sources, a minister has said.

“Currently, the use of new and renewable energy stands within a range of between 5 percent and 6 percent. The government will increase the proportion to 19 percent by 2019,” Energy and Mineral Resources Minister Sudirman said as quoted by Antara in Jakarta on Sunday.

To that end, he said, the government needed to speed up the use of new and renewable energy sources by, among other methods, increasing budgetary allocations for the sector next year.

The minister added that the government would also create so-called energy forests and energy gardens and accelerate the installment of gas installations in cities.

“We will also initiate a policy under which government office buildings in a number of cities will be equipped with solar panels,” said Sudirman.

The government would also map out areas with geothermal potential so that explorations and investment in the geothermal energy sector could be furthered, he said.

The government has set the 2525 target, under which it is expected that the use of new and renewable energy will reach 25 percent of Indonesia’s total energy use by 2025.

“We should not think pragmatically anymore. We should not think only for the short term. New and renewable energy sources are very important to maintain our energy sustainability so that we do not depend solely on fossil-based energy sources,” said Sudirman, adding that the government was also pushing forward its target of 10 percent energy conservation by 2019.

The government is targeting investment value in the energy sector to reach Rp 4 quadrillion (US$304 billion) over the next five years. This comprises Rp 1.2 quadrillion in investment in the upstream oil and gas sector, followed by investment in the electricity sector (Rp 1.1. quadrillion), downstream oil and gas sector (Rp 600 trillion), mineral resource sector (Rp 600 trillion) and new and renewable energy sector (Rp 500 trillion).



Reach Southeast Asia!
10- Nations, 560- Million Consumers
And $1 -Trillion Market
We are the Voice of Southeast Asia Media Kit
The only Media Dedicated to Southeast Asia Advertising Rates for Magazine
Online Ad Rates
Contact: marketing@aseanaffairs.com

Comment on this Article. Send them to  your.views@aseanaffairs.com

Letters that do not contain full contact information cannot be published.
Letters become the property of AseanAffairs and may be republished in any format.
They typically run 150 words or less and may be edited
 
or
submit your comment in the box below



 
Today's  Stories                           June 2 , 2015 Subsribe Now !
• Trade deficit reaches $3 billion Subcribe: Asean Affairs Global Magazine
• Govt pushing forward 19% new, renewable energy target by 2019
• 35,000 MW power plants to boost coal consumption
Research Reports
on Thailand 2007-2008

• Textiles and Garments Industry
• Coffee industry
• Leather and footwear industry
• Shrimp industry

•Tycoon hopes to cash in on bananas
• Thai Nguyen seeks $2.6 billion in FDI
Asean Analysis                   May  29, 2015
• Asean Analysis May  29, 2015
Enhanced Defense Cooperation Agreement: Manila’s Most Credible Deterrent to China
Advertise Your Brand

Asean Stock Watch  May 29,  2015
• Asean Stock Watch-May 29, 2015
The Biweekly Update
• The Biweekly Update May 29, 2015

ASEAN NEWS UPDATES      Updated: 04 January 2011

 • Women Shariah scholars see gender gap closing
• Bank Indonesia may hold key rate as inflation hits 7 percent
• Bursa Malaysia to revamp business rules
• Private property prices hit new high in Singapore • Bangkok moves on mass transport
• Thai retailers are upbeat
• Rice exports likely to decline • Vietnamese PM projects 10-year socioeconomic plan

ASEAN  ANALYSIS

This year in Thailand-what next?


AseanAffairs   04 January 2011
By David Swartzentruber      

It is commonplace in journalism to write two types of articles at the transition point between the year that has passed and the New Year. As this writer qualifies as an “old hand” in observing Thailand with a track record dating back 14 years, it is time take a shot at what may unfold in Thailand in 2011.

The first issue that can’t be answered is the health of Thailand’s beloved King Bhumibol, who is now 83 years old. He is the world's longest reigning monarch, but elaborate birthday celebrations in December failed to mask concern over his health. More

 


Name

Name


Email

Email



1.  Verifier

1. Verifier

For security purposes, we ask that you enter the security code that is shown in the graphic. Please enter the code exactly as it is shown in the graphic.
Your Code
Enter Code

Home | About Us | Contact Us | Special Feature | Features | News | Magazine | Events | TV | Press Release | Advertise With us

Our Products | Work with us | Terms of Use | Site Map | Privacy Policy | Refund Policy | Shipping/Delivery Policy | DISCLAIMER |

Version 5.0
Copyright © 2007-2015 TIME INTERNATIONAL MANAGEMENT ENTERPRISES CO., LTD. All rights reserved.
Bangkok, Thailand
asean@aseanaffairs.com