Written reply to PQ on timeline of Indonesian low-carbon electricity projects and impact on future household electricity prices

Question:

Ms He Ting Ru: To ask the Deputy Prime Minister and Minister for Trade and Industry (a) when are the six Indonesian projects with Conditional Licenses for 3GW of low-carbon electricity imports expected to turn commercially operational; and (b) what is the assessed impact on future household electricity prices as a result of this.

Written Answer by Deputy Prime Minister and Minister for Trade and Industry Gan Kim Yong

1.           The Energy Market Authority has issued Conditional Licences to six projects to import low-carbon electricity from Indonesia. These project developers are working to obtain regulatory approvals and meet development milestones, and hope to begin commercial operations by the end of the decade.

2.           Project developers are currently in the midst of commercial negotiations on power purchase agreements with businesses that are large electricity consumers. For now, there is no plan to mandate the purchase of imported electricity. It is up to the project developers to decide whether to offer households retail plans for imported electricity, and households can choose to take up these plans on a willing-buyer-willing-seller basis.