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Government to issue new pricing regulation for biomass power plants in Jakarta

Posted on : 06 Aug, 2012

 

A recent issue of The Jakarta Post quoted an official with the Energy and Mineral Resources Ministry, “The government will soon be issuing a new pricing regulation for biomass power plants to encourage investors to take advantage of the city’s waste for power generation.” Kardaya Warnika, the ministry’s Director General of renewable energy and energy conservation said the new pricing, which is often called a feed-in tariff, would be applied to waste-fired power plants in cities. Since waste had important utilization value, given that garbage was now a major problem in almost all cities, the ministry categorized the city waste-fired power plants as special biomass energy, he added.

 

The feed-in tariff is a renewable energy policy that obliges energy suppliers to buy electricity produced from renewable resources at a fixed price, usually over a fixed period. Currently, the main purchaser of electricity produced by independent power producers (IPP), is state electricity company PLN. The policy is especially attractive to energy stakeholders as it includes provisions such as requiring PLN to purchase electricity produced from renewable sources.

 

Biomass energy is gradually gaining greater significance, and the 3^rd Biomass Pellets Trade Asia which will be held in Seoul on 12-13 September offers insight on multiple aspects of biomass energy. The conference will cover vital subjects such as bioenergy opportunities, waste-based power generation, pricing, biomass supply market, resources, sustainability, and much more. Register here to attend the conference and gain updates on biomass energy in Asia. One may direct further enquiries to Ms. Hafizah at hafizah@cmtsp.com.sg

 

Content extracted from Thejakartapost.com