Key insights and market outlook
PT Pertamina Geothermal Energy (PGEO) has submitted the technical documents required for PLN to purchase electricity from the Lahendong geothermal project Units 7 and 8. This development is a crucial step in the project's progression, with a combined capacity of 2 x 20 MW plus an additional 10 MW Binary Unit. The project demonstrates PGEO's commitment to expanding geothermal energy utilization in Indonesia, particularly in North Sulawesi.
PT Pertamina Geothermal Energy (PGEO) has taken a significant step forward in developing the Lahendong geothermal project Units 7 and 8 by submitting the required technical documents to PLN. This submission is a crucial prerequisite for PLN to proceed with the evaluation and potential purchase of electricity from the renewable energy project through a Power Purchase Agreement (PPA).
The Lahendong geothermal project involves the development of Units 7 and 8 with a combined capacity of 2 x 20 megawatts (MW). Additionally, the project includes a 10 MW Binary Unit, enhancing the overall energy output. This expansion is part of PGEO's strategy to optimize geothermal potential in North Sulawesi, building on the successful operation of Lahendong Units 5 and 6 since 2016.
The submission of technical documents marks a critical milestone in the project's development, paving the way for further technical discussions between PGEO and PLN. These discussions will cover various aspects, including reservoir studies, production facility design, grid connection studies, and commercial terms. PGEO's commitment to advancing geothermal energy aligns with Indonesia's renewable energy goals and highlights the company's role in the sector.
Edwil Suzandi, Director of Exploration and Development at PGEO, emphasized that the submission of technical documents is a vital step in the project's progression. He expressed hope that this development would facilitate PLN's evaluation process and lead to the purchase of electricity from the renewable energy source, thereby accelerating the project's next stages. Suzandi also reiterated PGEO's commitment to expanding the benefits of geothermal energy to more communities.
Technical Document Submission for PPA
Geothermal Project Expansion