Indonesia, Sweden boost renewable energy cooperation
Indonesia and Sweden have agreed to boost their cooperation in renewable energy to generate more clean electricity.
Energy Minister Ignasius Jonan (R) and Sweden Energy Minister Ibrahim Baylan (Photo: metrotvnews.com)
Jakarta (VNA) – Indonesia
and Sweden have agreed to boost their cooperation in renewable energy to
generate more clean electricity.
Indonesia hopes cost of electricity
produced by hydro and wind power plants will be cheaper through its cooperation
with Sweden which has experience in developing renewable energy-based power
plants, said Indonesian Energy and Mineral Resources Minister Ignasius Jonan.
By signing a Memorandum of Understanding
with Sweden, the Southeast Asian country expects to develop new and renewable
energy to generate environmentally-friendly power sources which will be soon
implemented across the country.
The development of new and renewable
energy – based power plants will be adjusted to the geographical condition by
taking into account large resources found in the locations for the power
plants. It is also a basis for Indonesia build gas-fueled or hydro power plants
at particular locations.
Meanwhile, Swedish Coordinating
Minister for Policy and Energy Ibrahim Baylan said both countries should develop
environmentally friendly power plants.
The target of energy policy is to ensure
electricity supplies to industries and households with competitive prices and
the smallest possible effects to the environment, he added.
Sweden now holds the highest share of the
renewable energy market and offers the lowest price of new and renewable energy
in the European Union.
It also recorded significant economic
growth over the past 30 years by using less power than 30 years ago.-VNA