PT Pertamina Geothermal Energy Tbk. (PGE, IDX: PGEO), a subsidiary of PT Pertamina Power Indonesia (Pertamina NRE) which is part of PT Pertamina (Persero), was visited by the Japanese Ambassador to Indonesia, along with the New Energy and Industrial Technology Development Organization (NEDO) and Tokyo Electric Power Company Holdings, Incorporated (TEPCO HD) for a joint study on the development of Green Hydrogen on Sunday, February 26, 2023, at the PGE Lahendong Area Office in Tomohon City, North Sulawesi.
Participating in the visit to the PGE Lahendong Area were the Japanese Ambassador to Indonesia Kanasugi Kenji, TEPCO Executive Vice President & Chief Innovation Officer (CIO) Chikara Kojima, NEDO Jakarta Chief Representative Yamashita Naoto, Pertamina NRE Chief Executive Officer (CEO) Dannif Danusaputro, and PGE President Director Ahmad Yuniarto.
Pertamina NRE and TEPCO HD will combine PGE's Geothermal Power Plant (PLTP) technology and TEPCO HD's hydrogen production technology to develop optimal operational technology and achieve cost-effective green hydrogen production and transportation through this joint study and will be supported in its development by NEDO.
On the same occasion, the Japanese Ambassador to Indonesia said that Japan and Indonesia agreed to realize the Asia Zero Emission Community (AZEC) concept.
"Indonesia has enormous geothermal potential, which is the second largest in the world. Japan and Indonesia have the same goal of strengthening energy transition cooperation. This is also the agreement of the two heads of state between President Joko Widodo and Japanese Prime Minister Fumio Kishida in bilateral meeting at the G20 Summit in Bali," said the Japanese Ambassador to Indonesia, Kanasugi Kenji.
"Hydrogen production is one of Pertamina NRE's geothermal business areas in the future. We are currently developing a pilot project for green hydrogen in the PGE geothermal area with a production target of 100 kg/day. With its potential, we are confident that we can become a pioneer in producing green hydrogen and contributing to reducing carbon emissions. We are excited to be working with TEPCO HD and NEDO in this development," said Pertamina NRE Chief Executive Officer, Dannif Danusaputro.
"PGE has a vision to become a world-class green energy company with the largest geothermal capacity in the world, supported by three strategic pillars, namely optimizing existing areas of operation, expanding geothermal value chains, and developing new geothermal areas. With this visit, we hope to work together to add value to geothermal energy," said PGE President Director, Ahmad Yuniarto.
PGE in running its business continues to be committed to developing geothermal energy and ensuring the implementation of Environment, Social, and Governance (ESG) as an integrated part of PGE's geothermal business. The implementation of these ESG aspects is an effort to provide added value and support the government programs related to the use of new, renewable energy that is environmentally friendly, especially the geothermal energy.
PGE's commitment to developing geothermal energy can contribute to achieving the Sustainable Development Goals (SDG) of Goal 7 (Clean and Affordable Energy), Goal 12 (Responsible Construction and Production), Goal 13 (Climate Change Management), and Goal 15 (Land Ecosystem).
PGE currently manages 13 Geothermal Working Areas (WKP) with an installed capacity of 1.8 GW, of which 672 MW are operated and managed directly by PGE and 1,205 MW are managed under a Joint Operation Contract scenario. Geothermal installed capacity in PGE working area contributes to around 82% of the total installed geothermal capacity in Indonesia, with a potential reduction of CO2 emissions of around 9.7 million tonnes of CO2 per year.