Can Geothermal Energy Provide Business Opportunities ?

  • Geothermal is the most potential energy sources in Indonesia.
  • PT. Pertamina Geothermal Energy (PGE) also sees great potential in the tourism sector in Lahendong in Tomohon, which is also a geothermal power plant working area.
  • Geothermal energy can also be used for the production of green hydrogen as an eco-friendly future fuel.

Geothermal is the most potential energy sources in Indonesia. This is because Indonesia is in part of the world’s ring of fire. It means, with the number of volcanoes in Indonesia, it has the potential as a source of geothermal energy. Geothermal is an eco-friendly energy sources both in terms of production and use. This is utilized by Indonesia in the installation of Geothermal Power Plants as a step in the energy transition to renewable energy. In Indonesia, there are 13 geothermal plants with an energy amount of 2,276 MW, and 6 of them are already operating and self-managed with a capacity of 672 megawatts (MW), consisting of Kamojang and Karaha in West Java, Sibayak in North Sumatra, Lumut Balai in South Sumatra, Ulubelu in Lampung, and Lahendong in North Sulawesi. This makes Indonesia in the 2nd position with the most geothermal power installation.

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Apart from being a source of energy for Geothermal Power Plants, PT. Pertamina Geothermal Energy (PGE) also utilizes geothermal energy for potato farming in Garut and Kamojang, areas where Pertamina Geothermal’s geothermal power plant operate. This has an impact on the profits obtained by farmers can increase up to 10 times compared to conventional farming.

Apart from agriculture, PT. Pertamina Geothermal Energy (PGE) also sees great potential in the tourism sector in Lahendong in Tomohon, which is also a geothermal power plant working area. Therefore, the company is planning to develop a tourism object with the concept of a geothermal park, such as by utilizing hot spring, tours, and for education about geothermal energy.

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Geothermal energy can also be used for the production of green hydrogen as an eco-friendly future fuel. This is a very interesting opportunity in the future. Now, Geothermal Power Plants have been used by many countries as a source of electricity to produce hydrogen through the electrolysis process. This green hydrogen provides benefits for various purpose, such as for the transportation and petrochemical sector. In making it happen, it will takes a very long time. Hence, cooperation with the state government is needed to develop green hydrogen as a renewable energy source in the future. As for the advantages of utilizing green hydrogen, namely reducing energy costs by a very large amount compared to fossil energy, especially when crude oil prices are rising high like today, and the use of hydrogen can also reduce carbon emissions.

zonaebt.com

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Editor: Riana Nurhasanah

References:

https://money.kompas.com/read/2022/04/09/040000126/pertamina-geothermal-bidik-5-peluang-bisnis-energi-panas-bumi?page=all#page2

https://m.liputan6.com/bisnis/read/4915545/dirut-pertamina-panas-bumi-sumber-energi-paling-potensial-di-indonesia

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