Key insights and market outlook
Indonesia is expected to achieve a solar surplus by 2026 following the commencement of operations at the Refinery Development Master Plan (RDMP) in Balikpapan 1
The Indonesian government has announced that the country is poised to achieve a solar surplus by 2026 following the operationalization of the Refinery Development Master Plan (RDMP) at the Balikpapan refinery 1
The successful implementation of the RDMP Balikpapan represents a significant milestone in Indonesia's energy strategy. By achieving solar self-sufficiency, the country can better manage its foreign exchange reserves and reduce its vulnerability to global oil price fluctuations. Moreover, the redirection of surplus solar to avtur production will help meet the growing demand in the aviation sector, potentially reducing reliance on imported jet fuel.
RDMP Balikpapan Operational
Solar Surplus Achievement
Avtur Production Increase