{"id":28455,"date":"2022-02-22T09:57:54","date_gmt":"2022-02-22T09:57:54","guid":{"rendered":"https:\/\/castlerock.byfia.site\/projects\/southeast-asia-energy-sector-development-investment-planning-and-capacity-building-facility\/"},"modified":"2023-05-09T09:33:27","modified_gmt":"2023-05-09T09:33:27","slug":"southeast-asia-energy-sector-development-investment-planning-and-capacity-building-facility","status":"publish","type":"projects","link":"https:\/\/castlerock.byfia.site\/id\/projects\/southeast-asia-energy-sector-development-investment-planning-and-capacity-building-facility\/","title":{"rendered":"Southeast Asia Energy Sector Development, Investment Planning and Capacity Building Facility"},"content":{"rendered":"<p><span style=\"font-weight: 400;\">The Ministry of Finance (MoF) planned to accelerate renewable energy (RE) development, particularly geothermal power. This study reviewed various incentives that could be administered by MoF to support RE development and developed an RE subsidy framework to close the gap between the costs of renewable power and conventional power generation, taking into account the additional economic benefits of renewable power for Indonesia. Castlerock work included<\/span><\/p>\n<ul>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Review of prevailing impediments to renewable energy development in Indonesia<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Identification and evaluation of incentive options that could be provided by Ministry of Finance to support RE development<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Compilation of international experience with RE subsidies<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Formulation of an RE subsidy framework for MoF to close the gap between the costs of renewable power and conventional power generation, taking into account the additional economic benefits of renewable power for Indonesia. The framework considered the legal basis, governance, calculation, budgeting and auditing of the subsidy.\u00a0<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Estimation of subsidies that would be payable for new geothermal development over the coming 10 years.<\/span><\/li>\n<\/ul>\n","protected":false},"featured_media":1083,"template":"","sectors":[60],"clients":[53],"services":[65],"sizes":[64],"class_list":["post-28455","projects","type-projects","status-publish","has-post-thumbnail","hentry","sectors-etdg-id","clients-dev-inst-id","services-csuo-id","sizes-medium-id"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v28.5 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Southeast Asia Energy Sector Development, Investment Planning and Capacity Building Facility | Castlerock Consulting<\/title>\n<meta name=\"robots\" content=\"noindex, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<meta property=\"og:locale\" content=\"id_ID\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Southeast Asia Energy Sector Development, Investment Planning and Capacity Building Facility | Castlerock Consulting\" \/>\n<meta property=\"og:description\" content=\"The Ministry of Finance (MoF) planned to accelerate renewable energy (RE) development, particularly geothermal power. 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