3. The Geothermal Power Business in Indonesia
1. Indonesia presents a unique geothermal power value chain
2. Incumbents operate at various points in this value chain
3. Terminology:
a. Brownfield: A field that has had its geothermal resources tested sufficiently for
development to proceed
b. Greenfield: Any field that has not yet been tested.
c. Legacy WKP: WKP belonging to PGE and PLN governed by Keppres 45/1991.
Includes elements 4 through 9 of value chain.
d. New WKP: WKP offered under Law 27/2003. Includes elements 1 through 9 of
value chain
Geothermal Power Value Chain
1. 2. 3. 4. 5. 6. 7. 8. 9.
Opportunity Preliminary WKP Exploration Feasibility Field Develop‐ Power Plant Power Field O&M
Identifica‐ Resource Proposal Study& PPA ment Construction Station O&M
tion Assessment Preparation Negotiation
Greenfield
Brownfield PLN‐G (near‐term)
PLN‐G (long‐term)
3
4. Opportunities for PLN‐G
Near term (Captive) Long term (Competitive)
493 MW
total (1)
760 MW
total (1,5,6)
430 MW
total (1,5)
~1,800 MW total
40.5 MW (1,5,6,8)
total
(1,5,6,8) 4
5. Fit & Schedule: Business Line Staging
493 MW
40.5 MW
430 MW
760 MW
Up to 1,800 MW
* If regulatory environment improves
2009 2010 2011 2012 2013 2014 2015 2016
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