The Ministry of Energy and Mineral Resources (ESDM) of Indonesia has announced the need for USD1.1 trillion in investments to implement its National Electricity General Plan (RUKN) aimed at transitioning to renewable energy (RE) by 2060. The USD1 trillion will address electricity generation needs, with an additional USD104 billion for transmission infrastructure. The investment will support diverse energy sources, including solar, wind, geothermal, hydrogen, and nuclear.
The RUKN, updated for the 2025-2060 period, aligns with national economic and energy mix targets, replacing the earlier 2019-2038 framework. It includes strategies for electricity supply, national projections, and system development. The revised plan was formalized under Ministerial Decree No. 314.K/TL.01/MEM.L/2024, issued in late 2024, emphasizing annual investment needs of approximately USD30 billion to achieve the outlined goals.