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

Images By : Freepik

Sabtu, 14 September 2024 - 16:56 WIB

Essential Tips for Choosing Personal Health Insurance in the US

Choosing the right health insurance plan in the United States can be a complex task, especially with the variety of options available and the ever-changing landscape of healthcare policy. Here…

Images By : Freepik

Sabtu, 14 September 2024 - 16:53 WIB

The Top 10 Insurance Companies in the US for 2024

In the ever-evolving landscape of insurance, selecting the right company can significantly impact your financial security and peace of mind.

Images By : Freepik

Jumat, 13 September 2024 - 15:37 WIB

Why Airbnb Become Popular in 2024?

Airbnb fosters a more interactive experience between hosts and guests. Through direct messaging, guests can inquire about specific details, negotiate pricing, or clarify expectations, which…

Flag of the United Nations Organization.

Kamis, 15 Agustus 2024 - 14:26 WIB

Modena Officially Becomes a Member of the UN Global Compact

Commited to transforming towards sustainable business practices, Modena the global home appliance established over 60 years ago in Italy, officially became a member of the UN Globe Compact (UNGC)…

Totolink outlet. (Photo: Public Relation of Totolink)

Kamis, 11 Juli 2024 - 22:08 WIB

Totolink Strengthens Commitment to Innovative and Reliable Network Solutions for Indonesia

Marking a strategic step, Totolink Indonesia proudly announces the enhancement of its head office in Jakarta, located at Harco Mangga Dua Blok E No.28, Sawah Besar, Central Jakarta.