Jakarta, CNBC Indonesia- The Ministry of Energy and Mineral Resources (ESDM) and the Ministry for Trade and Industry of Singapore officially signed a Memorandum of Understanding (MoU) regarding Indonesia’s electricity exports to Singapore until 2023.
Member of the National Energy Council (DEN), Herman Darnel Ibrahim, assessed that Indonesia’s electricity exports to Singapore amounted to 2 Giga Watt at the request of Singapore which needed electricity from renewable energy sources. It’s just that RI must consider the impact of Singapore’s demand for low-carbon electricity because currently RI also needs clean electricity.
Apart from that, Herman also highlighted the electricity purchasing scheme considering that Singapore implements a wholesale market purchasing scheme which adheres to a free market system, so the long-term impact must be carefully considered on the certainty of this cooperation.
What is the urgency and impact of Indonesia’s green electricity export plan to Singapore? For complete details, see Bramudya Prabowo’s dialogue with Member of the National Energy Council (DEN), Herman Darnel Ibrahim in Squawk Box, CNBC Indonesia (Tuesday, 12/09/2023)