Harnessing the Potential of Natural Resources, Arcandra: Clarifying and Improving the Status of the Key Data

By : Hariyanto And Aldo Bella Putra | Monday, April 09 2018 - 16:30 IWST

Wamen ESDM Arcandra Tahar
Wamen ESDM Arcandra Tahar

INDUSTRY.co.id - Pekanbaru - Deputy Minister of Energy and Mineral Resources (ESDM) Arcandra Tahar said the Government is continuing to exploit the potential of natural resources, especially renewable energy (EBT) to meet local energy needs.

Related to that, the important step that must be done is to clarify and improve the status of potential data that exist, to be a proven reserve that is ready to be utilized to support the energy availability of the region.

"Our natural resource reserves need to be scrutinized more deeply, if one declares our world's fifth largest resource, it is (still) unverified, still potential, not yet spare, the reserves are subdivided, some are called possible reserve, there are so-called probable reserves, some are called proven reserves," said Arcandra at the Deliberation V of the Unity Family of 2018 at Pekanbaru Riau, Saturday (7/4/2018).

Arcandra said talking about reserves, when called the potential we have to think further. "Where is the data? How about the calculation? One day we can data, the potential of sea water / the waves of hundreds of Giga Watt (GW) .I see, this is where the data, the way the calculation of a statement then multiplied the length of the beach. This," he said.

A very clear case example is petroleum. "Do we still believe our country is rich in oil? Proven reserve is only 3.3 billion barrels or about 0.2 percent of the world's oil reserves. Our production is 800,000 barrels per day (bph) .We may be thinking in a few years our reserves are depleted, if we do not find another reserve, the oil will not be exhausted, the existing human capability is currently only able to take up to 40-50% .There are still 60-50% more down there, which has not been taken," explains Arcandra.

With the condition of the amount of fossil reserves, Arcandra emphasized the importance of non-fossil energy use in order to meet national energy needs. "Are we going to harness energy beyond fossils? Yes! Non fossils are a necessity," he asserted.

"In the period 2014-2016, contract signing with PLN for Renewable Energy (EBT) is only about 14 or 15, by 2017 there are 70, a four-fold increase.In 2017 we encourage EBT. Breakthrough, which from is this data from? Renewable energy we are pushing, commitment 1.2 GW signed last year so please corrected if somebody says the Government did not make a breakthrough," he said.

News Comment

Today's Industry

NORD-DuoDrive.jpg: The innovative and patented DuoDrive geared motor reaches outstanding system efficiency Image: NORD DRIVESYSTEMS

Selasa, 17 Mei 2022 - 14:00 WIB

NORD DRIVESYSTEMS at LogiMAT in Stuttgart From 31st May to 2nd June 2022 NORD will present innovative drive solutions for intralogistics

The specialist LogiMAT exhibition in Stuttgart offers as comprehensive overview of the intralogistics and process management market. As one of the market leaders for drive technology, NORD presents…

President Jokowi attends the meeting between ASEAN leaders and American entrepreneurs at Intercontinental the Willard Hotel, Washington DC, Thursday (05/12). Photo by: Laily Rachev

Selasa, 17 Mei 2022 - 13:00 WIB

President Jokowi Invites US CEOs to Boost Cooperation with Indonesia

President Joko “Jokowi” Widodo has invited company CEOs in the United States to boost cooperation with ASEAN countries, particularly Indonesia.

President Jokowi, President Biden, and ASEAN Leaders on a group photo prior to the dinner, at the White House, Washington D.C., Thursday (05/12)

Selasa, 17 Mei 2022 - 12:28 WIB

President Jokowi, ASEAN Leaders Attend Dinner Hosted by US President

President Joko “Jokowi” Widodo Thursday (05/12) attended a dinner with the leaders of ASEAN countries hosted by President of the United States Joe Biden at the White House, Washington D.C.

(Photo: © 2022 KRAIBURG TPE)

Selasa, 17 Mei 2022 - 11:23 WIB

TPE unleashes benefits for pet accessories

The pet care market is rapidly expanding as pet ownership increases, as does spending on pet food, grooming tools, and accessories. Pet owners are significantly concerned about the prevalence…

Sergey Sedov, Founder and CEO of Robocash Group

Jumat, 13 Mei 2022 - 16:15 WIB

Robocash Group reached 2 BN USD of disbursement and issued audited financial report of 2021

Robocash Group publishes the audited combined financial statements for the year ended 31 December 2021. The Group reached an all-time high 2 BN USD of issued financing and is expected to increase…