Renewable Energy Tariffs and Incentives in Indonesia

Download or read book Renewable Energy Tariffs and Incentives in Indonesia written by Asian Development Bank and published by Asian Development Bank. This book was released on 2020-09-01 with total page 141 pages. Available in PDF, EPUB and Kindle. Book excerpt: This report proposes a renewable energy subsidy mechanism for Indonesia to close the gap between the costs of renewable and conventional power generation. It takes into account the additional economic benefits of renewable power and considers how the government can support its rapid deployment in the power sector. The report emphasizes the need for Indonesia to adopt international best practice for planning, procurement, contracting, and risk mitigation to reduce the financial costs of renewable energy development. To achieve this, implementation of the subsidy should be part of a broader inter-ministerial electricity policy reform program.