Scaling Up Renewable Geothermal Energy in Indonesia

Pertamina Geothermal Energy (PGE) is leading Indonesia s effort to scale-up geothermal, attempting a globally unprecedented expansion of over 1,000 MW of capacity. The World Bank is helping kick-start PGE s investment program through the development of the Ulubelu (Units 3 and 4) and Lahendong (Tompaso) (Units 5 and 6) geothermal fields. Loans totaling US$ 300 million are being extended from the World Bank s facility for lending to middle-income countries through International Bank for Reconstruction and Development (IBRD) loans and from the global Clean Technology Fund (CTF) established to promote climate-friendly investments. To justify public support and evaluate the viability of this green finance investment, an integrated approach to decision making was utilized based on the combined assessments of financial-economic-stakeholder-risk impacts.

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Bibliographic Details
Main Author: World Bank
Language:English
en_US
Published: Washington, DC 2014-05
Subjects:ADVISORY SERVICES, AFFORDABILITY, AFFORDABLE PRICE, ALLOCATION, APPROACH, ATMOSPHERE, AVAILABILITY, BALANCE, BALANCE SHEETS, BANK FINANCING, BANK LOANS, BORROWING, BURNING COAL, CAPACITY FACTOR, CAPACITY FACTORS, CAPITAL COST, CAPITAL COSTS, CAPITAL INVESTMENT, CAPITAL STOCK, CARBON, CARBON DIOXIDE, CARBON EXCHANGE, CARBON FOOTPRINT, CARBON MARKETS, CARBON OFFSET, CASH FLOWS, CATALYTIC ROLE, CLEAN ENERGY, CLEAN ENERGY PROGRAM, CLEAN TECHNOLOGY, CLIMATE, CLIMATE CHANGE, CO2, COAL, COAL PLANT, COAL RESOURCES, COLORS, COMMERCIAL LENDING, COMPENSATION POLICY, COST OF COAL, COST OF FUEL, COST-BENEFIT, COST-BENEFIT ANALYSIS, CREDITS, DEBT, DEBT FINANCE, DEMAND FOR ELECTRICITY, DEVELOPMENT BANK, DEVELOPMENT COMPANIES, DISCOUNT RATE, DISTRIBUTIONAL IMPACTS, DIVERSIFICATION, DRILLING, ECONOMIC ANALYSIS, ECONOMIC BENEFITS, ECONOMIC COSTS, ECONOMIC DISCOUNT RATE, ECONOMIC GROWTH, ECONOMIC OPPORTUNITY, ECONOMIC RESOURCE, ELECTRICITY, ELECTRICITY CONSUMPTION, ELECTRICITY GENERATION, ELECTRICITY TARIFF, ELECTRICITY TARIFFS, ELECTRICITY UTILITIES, EMISSION, EMISSION OF CARBON, EMISSIONS REDUCTIONS, ENERGY CONSUMERS, ENERGY DEMAND, ENERGY NEEDS, ENERGY PRICING, ENERGY SECURITY, ENERGY SOURCE, ENVIRONMENTAL BENEFITS, ENVIRONMENTAL COSTS, ENVIRONMENTAL EXTERNALITIES, ENVIRONMENTAL IMPACT, ENVIRONMENTAL IMPACTS, EQUITY FINANCING, EXPENDITURE, EXPENDITURES, EXPLORATION DRILLING, FEASIBILITY, FINANCIAL COST, FINANCIAL COSTS, FINANCIAL CRISIS, FINANCIAL PAYMENTS, FINANCIAL RETURN, FINANCIAL SUPPORT, FINANCIAL VIABILITY, FIXED RATE, FOREIGN EXCHANGE, FOSSIL, FOSSIL FUELS, FUEL, FUEL COST, FUEL PRICES, GAS COMPANY, GENERATION OF ELECTRICITY, GENERATION UNITS, GEOTHERMAL CAPACITY, GEOTHERMAL DEVELOPMENT, GEOTHERMAL ELECTRICITY, GEOTHERMAL ENERGY, GEOTHERMAL FIELD, GEOTHERMAL GENERATION, GEOTHERMAL PLANT, GEOTHERMAL PLANTS, GEOTHERMAL POWER, GEOTHERMAL POWER MAKING, GEOTHERMAL POWER PLANT, GEOTHERMAL POWER PLANTS, GEOTHERMAL PROJECT, GEOTHERMAL PROJECTS, GEOTHERMAL RESOURCE, GEOTHERMAL RESOURCES, GEOTHERMAL STEAM, GHG, GLOBAL CLIMATE CHANGE, GLOBAL ENVIRONMENT, GLOBAL ENVIRONMENT FACILITY, GLOBAL GREENHOUSE, GLOBAL GREENHOUSE GAS, GOVERNMENT INTERVENTION, GOVERNMENT POLICY, GREENHOUSE, GREENHOUSE GAS, GREENHOUSE GAS EMISSIONS, GREENHOUSE GASES, GROSS DOMESTIC PRODUCT, HEAT, HIGH PLANT CAPACITY, HOUSEHOLDS, INCOME, INCOME TAX, INITIAL INVESTMENT, INSTITUTIONAL CAPACITY, INTEREST RATE, INTEREST RATES, INTERNATIONAL BANK, INTERNATIONAL ENERGY AGENCY, INVESTMENT DECISION, LOAD SHEDDING, LOAN, LONG-TERM FINANCING, MARKET FAILURE, MINERAL RESOURCES, NITROGEN, NITROGEN OXIDE, NOX, OIL, OPERATIONAL COSTS, PARTICULATES, PETROLEUM, PETROLEUM PRODUCTS, POLICY ENVIRONMENTS, POLLUTION, POWER, POWER COMPANY, POWER DEMAND, POWER GENERATION, POWER GENERATION CAPACITY, POWER GENERATION MIX, POWER INVESTMENTS, POWER PLANT, POWER PLANTS, POWER PRODUCTION, POWER SECTOR, POWER SHORTAGES, PRESENT VALUE, PRIVATE INVESTMENTS, PROBABILITY DISTRIBUTION, PROBABILITY DISTRIBUTIONS, PRODUCTION CREDITS, PUBLIC POLICY, RECEIPTS, REGULATORY FRAMEWORK, RENEWABLE ELECTRICITY, RENEWABLE ENERGY, RENEWABLE ENERGY TECHNOLOGIES, RESIDENTIAL CONSUMERS, RETAIL ELECTRICITY, SCENARIOS, SHADOW PRICES, SO2, STEAM CAPACITY, STEAM FIELD, SULFUR, SULFUR DIOXIDE, SUSPENDED PARTICLES, SUSTAINABLE ENERGY, TAX REVENUES, TECHNICAL ASSISTANCE, TOTAL COST, TOTAL COSTS, UNCERTAINTIES,
Online Access:http://documents.worldbank.org/curated/en/2014/05/19792393/scaling-up-renewable-geothermal-energy-indonesia
https://hdl.handle.net/10986/20037
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