Indonesia is open to exporting electricity to neighboring countries, including Singapore, but only if the pricing conditions meet the standards set by the Indonesian government. Coordinating Minister for Energy Downstreaming and Transition, Bahlil Lahadalia, emphasized that any export agreements must ensure that the prices reflect fair commercial value and safeguard Indonesia’s national interests.
Lahadalia highlighted that domestic electricity needs would remain the top priority for the government. The move to consider electricity exports is part of a larger initiative to foster regional cooperation on clean energy. However, the minister made it clear that exports would only be feasible if they do not compromise the electricity supply for domestic consumption.
The Indonesian government has already determined baseline prices for potential exports and has encouraged the Danantara Investment Management Agency to resist any external pressure to lower these rates. Lahadalia’s comments come amid ongoing discussions about exporting green electricity to Singapore, underscoring the importance of fair pricing in these negotiations.
The focus on maintaining fair pricing while ensuring domestic supply security reflects Indonesia’s strategic approach to balancing its national energy needs with regional collaboration efforts. By prioritizing domestic demands and setting clear pricing conditions, Indonesia aims to engage in energy exports that align with its economic and environmental goals.