Alphaxioms Geothermal News and Related Research Globally

Supreme Energy: Powering Indonesia’s Future with Geothermal Energy By: Robert Buluma Geothermal energy continues to gain traction in Indonesia as a sustainable and reliable energy source, thanks to visionary initiatives like those of Supreme Energy. Backed by an unwavering commitment to environmental sustainability and energy security, Supreme Energy has positioned itself as a leader in geothermal development across Indonesia. Powering Progress: The Landmark Power Purchase Agreement   In December 2012, Supreme Energy, in collaboration with Japan’s Marubeni and France’s GDF Suez, signed a groundbreaking Power Purchase Agreement (PPA) with Perusahaan Listrik Negara (PLN). This partnership set the stage for the development of the Rantau Dedap geothermal power plant in South Sumatra, a project worth $2.2 billion. The Rantau Dedap plant, with its planned two 110 MW generators, underscores Indonesia's ambition to harness its geothermal potential. Despite logistical challenges posed ...

Gold Meets Steam: A Game-Changing Geothermal Venture in North Sulawesi By: Robert Buluma : steam gushes orit of a geothermal well,wells of power In the heart of North Sulawesi's Bitung area, a groundbreaking partnership has emerged, one that promises to reshape both the energy and mining landscapes. The collaboration between Ormat, a global leader in geothermal technology, and Archi, a prominent gold mining company, is not just another business venture—it’s a bold statement of innovation and ambition. Established in early 2021, this joint venture is an intriguing fusion of resources and expertise. Archi, well-known for its operations in the gold-rich Toka Tindung area, is now diving into uncharted territory with geothermal energy. Ormat, on the other hand, has taken on the monumental task of managing the A-to-Z operations of this geothermal project. In return, Ormat will command a three-quarters share of the venture’s stakes, leaving Archi with a quarter—a reflection of the immense...

Geothermal Exploration Opportunities in Central Sulawesi: The Bora Pulu Area By:  Robert Buluma The Ministry of Energy and Mineral Resources  ESDM has recently announced the opening of a tender for a geothermal exploration area in the Bora Pulu region, located in Sigi Regency and Palu City, Central Sulawesi. This is a significant opportunity for business entities engaged in the geothermal sector, offering a potential 52 MWe of geothermal reserves over an extensive area of 78,388 hectares. The Bora Pulu Geothermal WPSPE The geothermal Preliminary Survey and Exploration Assignment Area (WPSPE) named Bora Pulu represents a promising site for energy developers. The area is strategically located in Central Sulawesi, a region known for its geothermal potential. With possible reserves estimated at 52 MWe, this project could be a significant contributor to Indonesia's renewable energy goal Who Can Participate? The tender is open to business entities with experience in geothermal ener...

Chubu Electric: Powering Up Indonesia's Geothermal Future We are a TotalEnergies Nominee For The Startupper of the Year Challenge and Your Vote is Very much vital towards our win, please Vote By:  Teflon Don Japan’s energy giant, Chubu Electric, is making headlines with its ambitious plans to bolster geothermal investments in Indonesia. In a move that underscores its commitment to sustainable energy, Chubu Electric is not just investing in Indonesia’s geothermal potential but is also making significant strides globally. This expansion is marked by their investment in Eavor, a groundbreaking geothermal technology company, and the development of an 8.2 MW geothermal project in Germany. A New Dawn for Indonesia's Geothermal Landscape Indonesia, known for its rich geothermal resources, is set to benefit immensely from Chubu Electric's investments. The archipelago, sitting on the Pacific Ring of Fire, boasts some of the world's most potent geothermal energy reserves. With Ch...

Exciting Developments in Indonesian Geothermal Energy: The 46 MW Nage Geothermal Plant Auction By: Robert Buluma The energy landscape of Southeast Asia is on the brink of a transformative shift, as the Indonesian Ministry of Energy and Mineral Resources (Kementerian ESDM) recently announced a highly anticipated tender for the Nage Geothermal Working Area (GWA) on Flores Island. This landmark project aims to harness the island's geothermal potential, contributing significantly to Indonesia's renewable energy portfolio. A Gateway to Sustainable Energy Set against the backdrop of Indonesia's lush landscapes, the Nage GWA project is not just another energy initiative but a bold step toward a greener future. The project has an estimated geothermal reserve of 46 MWe, with plans to develop a capacity of 40 MW. This ambitious endeavor underscores the Indonesian government's commitment to leveraging its abundant geothermal resources to meet growing energy demands sustainably. Cu...

Unveiling Indonesia's Geothermal Potential: A Thrilling Expedition into Sustainable Energy By: Robert Buluma Indonesia, a land of breathtaking landscapes and vibrant cultures, holds a treasure trove beneath its surface - geothermal energy.  As the world races towards sustainable solutions, Indonesia stands at the forefront, ready to unlock the power of its volcanic landscapes to fuel a cleaner, greener future. Picture this: steam rising majestically from the earth's crust, hinting at the immense energy waiting to be harnessed. Welcome to the world of geothermal energy, where nature's fury becomes mankind's salvation. In a recent announcement that sent shockwaves through the energy sector,  PT Ormat Geothermal Indonesia has been chosen as the trailblazer for the Preliminary Survey and Exploration Assignment (PSPE) in the Rongkong area of Luwu Utara District, nestled in the scenic beauty of South Sulawesi Province. But what does this mean for Indonesia, and indeed, the w...

Unleashing Indonesia's Geothermal Potential: A Global Investment Frontier By: Robert Buluma In the heart of the Pacific Ring of Fire lies a treasure trove of untapped energy potential, waiting to be harnessed for the benefit of not just Indonesia, but the entire world. With an abundance of geothermal resources, Indonesia stands at the forefront of renewable energy innovation, attracting the attention of global investors eager to participate in the country's energy revolution. The recent surge of interest from international players such as Sarulla, Itochu, ORKA, Energy Development Corporation (EDC), Sumitomo, Marubeni, INPEX, Masdar, MOECO, Chevron, Fe, ACEN, UNOCAL, Ormat, Enel, Steag, Engie, Mitsubishi, Sumbawa Timur Mining, and Kyushu Electric Power underscores the immense potential of Indonesia's geothermal market. These companies recognize the strategic importance of Indonesia's geothermal resources and are committed to leveraging their expertise and capital to unlo...

Industry Leaders Advocate for Increased Geothermal Electricity Tariff in Indonesia In Indonesia, the push for renewable energy sources has gained momentum in recent years as the nation grapples with the challenges of climate change and energy security. Geothermal energy, in particular, has emerged as a promising solution due to the country's abundant volcanic activity. However, despite its potential, the geothermal sector faces hurdles, including the need for a more favorable tariff structure to encourage investment and development. Industry leaders are now calling for higher geothermal electricity tariffs to stimulate growth in this crucial sector. Current Scenario: Indonesia is one of the world's most geothermally active regions, with vast potential for geothermal energy production. However, despite this advantage, geothermal power accounts for only a small fraction of the country's total electricity generation. One of the primary reasons for this is the existing tariff s...