As a world-class green energy company, PT Pertamina Geothermal Energy Tbk (PGE) (IDX: PGEO) continues to innovate and collaborate to establish a geothermal center of excellence. On August 15, 2024, PGE signed a Memorandum of Understanding (MoU) with Ecolab International Indonesia for the development and marketing of the two- phase fluid flow measurement technology, Flow2Max®.
This collaboration marks an important step towards the creation of new solutions in the geothermal energy sector and other industries. The partnership between the two companies in studying the optimization, application, and performance enhancement of Flow2Max® technology signifies a significant advancement toward the development of new solutions in the geothermal energy sector and beyond. This MoU serves as a preparation for the signing of a licensing agreement to be held at the Indonesia International Geothermal Convention & Exhibition (IIGCE) on September 18-20.
Flow2Max® is a groundbreaking innovation for measuring geothermal two-phase fluid flow in real-time with reliable, accurate information. Developed by Mohamad Husni Mubarok, PhD (Husni), Manager of Production and Operational Excellence at PGE, this technology has received patent certification in the United States, Iceland, Turkey, the Philippines, New Zealand, and Indonesia.
PGE's President Director, Julfi Hadi, stated that the collaboration with Ecolab will optimize the Flow2Max® technology, expand its applications, and deliver new solutions that will add value not only to the geothermal industry but also to other industrial sectors globally. “Our partnership with Ecolab is a significant step in our efforts to broaden the use of Flow2Max®. We believe that this collaboration to introduce Flow2Max® on a larger scale worldwide will contribute substantially to enhancing operational efficiency, optimization, and productivity in the global geothermal sector and beyond,” he said.
Ecolab International Indonesia, part of Ecolab Inc. (NYSE: ECL) headquartered in the United States, sees great potential for Flow2Max® to be applied across various other industrial sectors, including oil and gas and utilities worldwide. Ecolab Chairman and CEO, Christophe Beck,delivered remarks at the signing ceremony, highlighting that the collaboration between PGE and Ecolab is significant for both parties and also the world.
"This is a remarkable day for us in many ways. We are discussing technology, the world, new partnerships, and a rapidly changing globe. Pertamina Geothermal Energy (PGE) will help the Geothermal industry by offering this solution. As an expert in many industrial sectors with millions of customers worldwide, Ecolab sees excellent potential in this collaboration. This is the right moment to collaborate. Wherever we go, we will achieve it together. We look forward to this advancement as part of innovation that the industry truly needs." said Christophe Beck.
With more than a century of experience, Ecolab has the capability to integrate new technologies and expand its reach. The Flow2Max® technology has the potential to be combined with Ecolab's chemical, automation, and digital technologies to have a greater impact on the efficiency, reliability, and sustainability of geothermal power generation. Evan Jayawiyanto, President Director of Ecolab International Indonesia, added that innovation is key to unlocking the full potential of the geothermal industry. Through its global network, Ecolab will take the Flow2Max® technology, initially applied in Indonesia's geothermal sector, to a worldwide audience and introduce it to various other industries.
“We are very enthusiastic about partnering with PT Pertamina Geothermal Energy Tbk. The Flow2Max® technology has significant potential to transform various industries. By combining the expertise of PGE and Ecolab, we are confident that we can develop sustainable solutions that add value for our customers worldwide,” said Evan.
Innovation is essential for PGE to continue excelling and to face various challenges in the development of geothermal energy. Through this partnership, PGE not only strengthens its role as a producer of clean energy but also continues to innovate to tackle global challenges and create new value, in line with its vision to become a geothermal center of excellence.
