Inconsistency of Impact Regulation of Mangkrak EBT Generator

By : Hariyanto And Aldo Bella Putra | Monday, December 18 2017 - 19:00 IWST

Energi Panas Bumi (Foto Eksplorasi.Id)
Energi Panas Bumi (Foto Eksplorasi.Id)

INDUSTRY.co.id - Jakarta - The Association of Young Indonesian Entrepreneurs (Hipmi) reminded that the regulatory inconsistency in the electricity sector has affected the number of new and renewable energy (EBT) generators in various stagnant areas.

"EBT is neglected as a result of regulation that has been inconsistent or often changed," said BPP Deputy Chairman Hipmi Yaser Palito in his statement in Jakarta yesterday.

He cautioned that data from the Supreme Audit Agency (BPK) revealed that many damaged EBT power plants, or precisely about 142 EBT projects, were abandoned after they were built.

Yaser said the 142 EBTs could be prevented from mangkrak situation if the investment regulation is quite supportive, so that from the beginning of the project work done professionally.

"The projects are so arbitrary, because later on they will be handed over to the local government, then the local government is looking for private partners, but no private sector wants the electricity prices to be unattractive, while the investment and maintenance costs are huge," Yaser said.

Yaser said that when the EBT price is set in 2009, the EBT price is made as attractive as possible in order to attract private interests.

But lately, he added, the various revisions to make the EBT enthusiasts declined and the recent policy makes domestic banks difficult to lend to entrepreneurs because it is pegged with fixed and low rates.

"The local government is also having difficulties in finding partners, with no 85 percent interest rate from the Cost of Supply (BPP), where there are private parties who want to be partners, even with the regional government," he said.

Therefore, Yaser estimates that the energy mix target of EBT at least 23 percent by 2025 will not be achieved.

News Comment

Today's Industry

Ilustration Hackers (Photo by Microwire.info)

Jumat, 30 Oktober 2020 - 11:20 WIB

Organisations Paid Hackers US$23.5 Million for These 10 Vulnerabilities in One Year

HackerOne report reveals cross-site scripting, improper access control, and information disclosure top list of most common and impactful vulnerabilities.

Adi Ikan - Network Research & Protection Group Manager, at Check Point Software Technologies (Photo by Linkedin)

Jumat, 30 Oktober 2020 - 10:05 WIB

Measuring the Global Impact of the NSA’s Top 25 Vulnerabilities Being Exploited In the Wild

NSA’s list of top vulnerabilities were used to launch 3 million attacks in 2020, with 2.5 million of those attacks occurring in the last 6 months.

SMILE to Empower Smallholders

Kamis, 29 Oktober 2020 - 08:35 WIB

Kao Corporation, Apical & Asian Agri Join Hands to Empower Smallholders with SMILE Program

SMILE or the SMallholder Inclusion for better Livelihood & Empowerment program to help independent oil palm smallholders in Indonesia improve their yields, acquire international certification,…

Industrial Area Ilustration

Rabu, 28 Oktober 2020 - 08:40 WIB

CFLD Develop a Strategic Industrial Area which is Supported by Seven New Infrastructures

Segye ASEAN Forum 2020 which is a series of Indonesian and Korean Manufacturing Industry Partnership forum events held, was attended virtually by more than 500 executives from well-known manufacturing…

Hilton – Asia Pacific (Photo by Hilton Asia Pacific - Posts | Facebook)

Selasa, 27 Oktober 2020 - 15:40 WIB

Waldorf Astoria to Debut in Japan with Milestone Signing In Tokyo

Set to open in 2026, Waldorf Astoria Tokyo Nihonbashi to Offer Timeless Luxury and Unrivaled Service in Japan’s Cultural Capital.