Scaling Up Renewable Geothermal Energy in Indonesia
Pertamina Geothermal Energy (PGE) is leading Indonesia s effort to scale-up geothermal, attempting a globally unprecedented expansion of over 1,000 MW of capacity. The World Bank is helping kick-start PGE s investment program through the developmen...
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Language: | English en_US |
Published: |
Washington, DC
2014
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Online Access: | http://documents.worldbank.org/curated/en/2014/05/19792393/scaling-up-renewable-geothermal-energy-indonesia http://hdl.handle.net/10986/20037 |
Summary: | Pertamina Geothermal Energy (PGE) is
leading Indonesia s effort to scale-up geothermal,
attempting a globally unprecedented expansion of over 1,000
MW of capacity. The World Bank is helping kick-start PGE s
investment program through the development of the Ulubelu
(Units 3 and 4) and Lahendong (Tompaso) (Units 5 and 6)
geothermal fields. Loans totaling US$ 300 million are being
extended from the World Bank s facility for lending to
middle-income countries through International Bank for
Reconstruction and Development (IBRD) loans and from the
global Clean Technology Fund (CTF) established to promote
climate-friendly investments. To justify public support and
evaluate the viability of this green finance investment,
an integrated approach to decision making was utilized based
on the combined assessments of
financial-economic-stakeholder-risk impacts. |
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