Indonesia energy storage prices

What is Indonesia doing with its energy storage capacity?

Indonesia is currently building on its storage capacity through the planned/ongoing installation of 5 MW battery energy storage systems (BESS), linked to PLN’s renewable sites. Indonesia is also building its first utility-scale integrated solar and energy storage project in Nusantara.

Why is battery energy storage system important in Indonesia?

However, given the challenge of Indonesia’s geological landscape, with many off-grid and remote areas, there is growing intermittency issue that hamper the development of solar and wind generation. Hence, the battery energy storage system (BESS) technologies have a critical role in the development of Indonesia’s renewable energy.

Does Indonesia need solar & wind energy storage?

Although, there is no policy mandating the installation of energy storage in solar or wind projects in Indonesia, the abundance of solar and wind resources in Indonesia’s archipelago and increased potential demand across industries indicate that BESS demand is poised to grow substantially in the near future.

How can Indonesia achieve net-zero emissions?

Harris, Head of the Center for Survey and Testing of New, Renewable Energy and Energy Conservation Electricity, Ministry of Energy and Mineral Resources, said that in the agenda towards net-zero emissions, Indonesia must utilize all renewable energy sources it has.

What is Indonesia's national electricity plan?

Added to this, Indonesia’s National Electricity Plan sets out rules only for its power sector development, and not for renewable energy. There is a Renewable Energy Bill in the pipeline, but the bill has yet to be ratified. Without clear guidelines, investors remain cautious.

Is Indonesia a market in the energy transition?

Indonesia is a market in the energy transition as the country is moving from fossil fuels to clean energy resources. In 2023, Indonesia derived approximately 60% of its energy from coal, while renewable energy’s contribution is estimated at about 15%.