In Indonesia, the Presidential Decree No. 112 of 2022 on the Acceleration of Renewable Energy Development for Electricity Generation was promulgated on September 13, 2022 and came into effect immediately. The Presidential Decree aims to promote renewable energy in Indonesia and requires the state utility (Persero) to develop a power supply business plan including renewable energy (RUPTL: Rencana Usaha Penyediaan Tenaga Listrik). The Presidential Decree also mentions the abolition of thermal power plants.
Promotion of Renewable Energy
The following financial incentives are provided for the development of renewable energy power plants.