American company General Electric (GE) Co. has stated that it has chosen Indonesia as the country in which to launch its $1.4 billion distributed power business, which concentrates on smaller-scale energy generation. GE officially introduced its distributed power business in Jakarta on 2/25 to tap into the archipela
American company General Electric (GE) Co. has stated that it has chosen Indonesia as the country in which to launch its $1.4 billion distributed power business, which concentrates on smaller-scale energy generation.
GE officially introduced its distributed power business in Jakarta on 2/25 to tap into the archipelago's future energy blueprint.
GE vice chairman John G. Rice pointed out that Indonesia was “the perfect place” to develop distributed power technology given that roughly a quarter of the 240 million people living across the archipelago of at least 9,000 islands had no access to electricity.
This, he added, created a sector in which GE could deploy its distributive power technology, which could generate between 100 kilowatts (kW) to 100 megawatts (MW) of power onsite.
Indonesia's current energy mix comprises approximately 49% fossil fuels, which the government aims to reduce to 25% by 2025 based on the increased contribution from renewable resources.
During the launch of its distributive power business, GE announced the signing of a memorandum of understanding (MoU) involving state-owned electricity company PT Perusahaan Listrik Negara (PLN) and PT Clean Power Indonesia (CPI) on the development and deployment of biomass gasification power systems.