Jakarta (VNA) – Indonesia’s Energy and Mineral Resources Ministry has announced that construction of the country's first will begin soon, with operations targeted to start in 2028.
According to the ministry’ statement released on June 16, the power plant will have a total capacity of 40 megawatts (MW) and will require an investment of about 220 million USD.
The project is planned to be developed in two phases with each phase of 20 MW in East Nusa Tenggara and West Nusa Tenggara.
Several international and local contractors formed partnerships in this project including SBS Indonesia, the Netherlands-based Tidal Bridge, as well as Scottish marine energy company Nova Innovation, in collaboration with state-owned oil and gas Pertamina’s electricity arm, Pertamina Power Indonesia.
This initiative represents a tangible step in supporting the national energy transition, strengthening energy security and self-sufficiency and promoting the sustainable use of Indonesia’s marine resources.
With a coastline of more than 54,000 km, Indonesia is considered one of the countries with the largest marine energy potential in the world.
According to the Ministry of Energy and Mineral Resources, the theoretical potential of marine energy in Indonesia could be as high as 160 GW and is currently only in the early stages of development.
However, Indonesia's marine energy industry still faces many challenges. According to the Asian Development Bank (ADB), many of the most potential sites are in remote areas with poor infrastructure and poor access to the grid, increasing costs and logistical complexity./.
