A 2023’s Update on The Levelized Cost of Electricity and Levelized Cost of Storage in Indonesia Author: His Muhammad Bintang
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wer plants (CFPP) and the hesitance of the utility company to adopt more variable renewable energy (VRE) due to its intermittency. CFPPs are still reported as the cheapest source of bulk generation in Indonesia with a cost varying between $66 to $95/MWh, while many countri
costs, based on PPAs of around 10 cents/kWh, are much higher than the global weighted average LCOE of 3.3 cents/kWh (IRENA, 2022). Technically, the average wind speed in Indonesia is less than 7.5 m/s (low win
the few countries that has the resources and skills to use geothermal energy, with an installed capacity of about 2.3 GW by 2021. The more energy that can be taken out of the geothermal eservoir, the more electricity can be generated. Indonesia has many geothermal resources above 225 oC (high-temperature category). It allows developers to
(onshore at 100 m hub height) reaches at least 19.8 GW of capacity (IESR, 2021), wind energy in Indonesia is still under-utilized. The installed capacity of wind power plants is no more than 154 MW in 2022 (MEMR, 2023), and its electricity
Fired Power Plant (CFPP) and Integrated Gasification Combined Cycle (IGCC)CFPPs have been the main power generation in Indonesia. FPP can be classified into three diferent technologies, namely subcritical coal, supercritical coal, and ultra-supercritical coal. Apart from th
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