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Summary of PLN Renewable Energy Electricity Tariffs and the New Geothermal Electricity Tariff

September 2012 - Projects, Energy & Natural Resources . Legal Developments by Lubis Ganie Surowidjojo .

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Minister of Energy and Mineral Resources Regulation (MEMR) No. 22 of 2012 on the assignment to PT PLN (Persero) to purchase electricity from Geothermal Power Plants and the benchmark price of electricity purchase by PLN from Geothermal Power Plants (“Regulation”), has been issued, with immediate effect, on 23 August 2012. This Regulation revises the previous feed in tariff for geothermal power plants (MEMR Regulation No 2 of 2011, enacted on 16 February 2011) which was a flat 9.7 cents per kWh, to 10 to 17 cents per kWh based on geographical region, so as to attract more investment to the geothermal power industry in Indonesia.

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