Unlocking Indonesia's Geothermal Potential

This report is the result of a study by a joint team of the World Bank and the Asian Development Bank (ADB). It is based on analysis and stakeholder consultations conducted from June 2013 to June 2014. ADB’s inputs were financed under ADB TA-7583-INO, Geothermal Power Development Project, supported by the Government of Australia’s Department of Foreign Affairs and Trade. The World Bank’s inputs were financed by the Energy Sector Management Assistance Program and the Asia Sustainable and Alternative Energy Program. The work was initiated in response to a request from the Government of Indonesia’s Ministry of Energy and Mineral Resources (MEMR) to revise its geothermal pricing policy.

The authors of this report are Peter Meier, James Burke Randle, and James Vincent Lawless. The report reflects the contributions of Muchsin Qadir (World Bank), Yuki Inoue (consultant, ADB), Maura Lillis (consultant, ADB), Kazim Saeed (consultant, World Bank), Surya Darma (consultant, World Bank), Olivia Tanujaya (World Bank), and Yerri Anullah (legal consultant, World Bank). The team would also like to thank Richard Spencer (World Bank) for his helpful review. Pham Nguyet Anh (World Bank) and Pradeep Tharakan (ADB) directed the study.

The team would also like to thank Rida Mulyana, Director General of New, Renewable Energy & Energy Conservation (MEMR) for his guidance; Tisnaldi, Geothermal Director, and his team from the Directorate of Geothermal (MEMR) for their cooperation during the study; and all other government authorities, geothermal developers, and stakeholders who shared their perspectives and information during the consultation meetings.

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