Whilst Indonesia is the third fastest growing economy in the world, it still faces chronic power shortages with approximately one third of the population still not on the national grid. Government directives aim to improve this through increasing the efficiency of existing power plants as well as promoting entry of more independent power providers (IPP’s) into the market.
Growth on such scale will pose as many opportunities as it will challenges. Will programmes such as the Power Generation Acceleration and the Second Fast Track program be enough to reach the 29 gigawatt increase in power targeted by the Indonesian government? Where is the finance coming from and what are the challenges for overseas lenders and investors? And with the aim to increase renewable energy contributions to power supply from 3.4% to 17% by 2025, what changes will we need to see in the development and commercialization of renewable technologies?
Join us for the Indonesia Energy and Power Summit on the 15th & 16th of September at the Grand Hyatt, Jakarta to discuss and debate these and the many other challenges and opportunities presented by Indonesia’s power sectors growth ambitions with key issues for discussion including:
· Foreign investment: What is needed to encourage the appetite and is it achievable?
· Risk assessment in power projects for both developers and investors
· Market reviews and forecasts: Are growth targets achievable?
· Insurance analysis and the availability for new projects
· Sources of finance for 2012 and beyond
We look forward to welcoming you to Jakarta on the 15th & 16th September.