METI Asks Government To Give Subsidies For EBT

Illustration (Photo: Doc Antara)

Chairman IV of the Indonesian Renewable Energy Society (METI) Eka Satria asked the government not only to provide subsidies to fossil energy but also to Indonesia's renewable energy.

This is intended to encourage investment entry and encourage the use of renewable energy in the country.

Eka said that actually the energy of renewable bars (EBT) in Indonesia has great potential but is still hit by market problems that have not absorbed much EBT and the absence of incentives for investors to develop EBT.

"We know that the basic issue of energy in Indonesia is affordability and whether the market is large enough and can provide returns and is good for investors. I think that's what needs to be addressed," he said at the Enery Corner quoted Thursday, November 21.

Eka said, currently Indonesia is still focusing on the growth in the use of EBT so that prices are still a sensitive issue.

In addition, the government is also still providing subsidies and compensation of Rp200 trillion for electricity and fuel oil (BBM).

For this reason, he encourages the need for efforts from the government to make the clean electricity industry more attractive.

"One of the issues is for domestic, maybe there is an attractive tariff for investors so that what was previously considered not attractive is interesting. Several neighboring countries have implemented it so that there is an increase in the sector," explained Eka.

Furthermore, Eka added, in the market, his party welcomes the government's plan to increase the net energy target of 75 GW in the next 15 years because it can become a new foreign exchange source for Indonesia through electricity exports to countries.

"We know that there are now many industries in that direction, green hydrogen, green ammonia, and cross border green electRICity transactions in many countries," continued Eka.

For this reason, he asked the government to open a market as much as possible and provide attractive incentives for investors.

"Because I see this as an opportunity rather than a problem. Make sure the incentives and subsidies are balanced between other than fossils and clean energy. Hopefully, they can become a mainstay sector in the future," he said.