Abu Dhabi, January 15, 2026 – The Europe Today: Deputy Speaker of the People’s Consultative Assembly (MPR) Eddy Soeparno has urged international energy companies to invest in Indonesia’s geothermal sector, describing it as one of the world’s largest yet still largely untapped, during his address at Abu Dhabi Sustainability Week on Wednesday.
Soeparno highlighted that Indonesia possesses approximately 24 gigawatts (GW) of geothermal potential, of which only about 10 percent has been developed. He emphasized that this represents a significant opportunity for renewable energy expansion in the country.
“We are blessed with significant geothermal resources. I hope to see investors exploring Indonesia’s abundant geothermal potential,” he said, speaking before a forum attended by major global renewable energy companies.
Noting Indonesia’s diverse energy portfolio, Soeparno pointed out that the country is uniquely endowed with solar, hydro, wind, and geothermal resources, alongside substantial fossil fuel reserves, providing a balanced energy mix for future growth.
Despite these advantages, he noted that domestic energy demand is not yet fully met, with Indonesia continuing to import around one million barrels of oil per day, seven million tons of LPG annually, and diesel fuel. “From an energy sustainability perspective, Indonesia still has work to do to achieve energy security,” he said, underscoring the need to reduce import dependency and strengthen domestic production.
Soeparno outlined Indonesia’s national electricity development plan, which targets 69.5 GW of new capacity over the next eight to nine years, including 5.2 GW from geothermal, 42 GW from other renewables, and 10 GW from battery storage. Achieving these goals will require an estimated US$190 billion in investment, he added.
The Deputy Speaker also emphasized that the government and parliament are expediting revisions to key regulations to attract clean energy investment. These include the New and Renewable Energy Bill, amendments to the Electricity Law, and the Climate Change Management Bill. Updates to the Geothermal Law are also being pushed to reverse declining investment in the sector over the past two years and to improve the business climate for developers.
“From a regulatory point of view, we are here to assist, help, and accelerate development and investments in Indonesia’s geothermal sector. Thank you very much,” Soeparno concluded.
