Indonesia plans simpler tariff norms to encourage participation in renewable sector

The Indonesian government will soon introduce a regulation that would help expand its renewable energy sector. The regulations aim to simplify renewable energy tariffs, which would encourage greater investment in the sector. The country has set out to achieve 23 per cent renewable energy use by 2025 and 31 per cent by 2050. .

The new rules would include simpler pricing norms, including a feed-in tariff system for certain projects, which means the power producers won’t have to negotiate pricing with the sole off-taker state power company PT Perusahaan Listrik Negara (PLN).

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