Regulation of the President No. 112 of 2022 on the Acceleration of the Development of Renewable Energy for the Supply of Electrical Power
Enforcement Date: 13 September 2022
- In order to effect an energy transition within Indonesian, the termination of the operational periods of coal-fired, steam power plants (pembangkit listrik tenaga uap – “PLTU”) will be accelerated, while the development of new PLTU will be halted, with exception of PLTU that meet certain criteria.
- PT PLN (Persero) is required to prioritize purchases of electrical power from power plants that utilize renewable sources of energy, which may be entirely owned by business entities or partially/entirely owned by the government.
- The purchase prices and purchase mechanisms that apply in relation to the power purchase transactions outlined above differ based on power-plant ownership.
- More information on this regulation is provided in Hukumonline’s publication titled “Regulation on the Use of Renewable Energy for the Supply of Electrical Power Finally Issued” as accessible to Hukumonline’s subscribers. For more details on the subscription, please contact Hukumonline’s team at marketing@hukumonline.com.
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