The 9th Indonesia EBTKE ConEx 2020

Energy Working Group’s Task Force was invited to speak at the 9th Indonesia EBTKE ConEx 2020, on 25 November. On this event, David Cullerier (Board Patron for the Energy WorkingGroup as well as EuroCham Executive Board member, and President Director of ENGIE Indonesia) was the honorable speaker in Plenary Session 3: Investment Summit. David Cullerier shared about the On-Going Renewable Energy (RE) Business in Indonesia, in addition to the various topics from the other distinguished speakers.

RE is something to be developed in order to fulfill the target of 23% commitment by 2025. However, there is a risk of not meeting the target of renewable energy mix by 2025 by looking at the current pace, despite the considerable potential of renewable energy in Indonesia at 442GW. Therefore, it is vital to attract investors that can fill the gap, along with the presence of a strong and independent regulator so as to create a favorable business climate for developers and customers, as well as ensure price and procurement certainty, strong and mandated buyer, and the bankability of contract for RE in Indonesia.

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