Purchase of Electricity from Geothermal Plants (Regulation No. 02/2011)
Governmental Regulation No. 02/2011 obliged PLN (state-owned national supplier of electricity) to purchase geothermal electricity in accordance with tendered FiT levels. Moreover, in 2012, the government increased the FiT to between USD 0.10 and USD 0.185 per kWh, depending on where the plants are located and on which voltage level the electricity is fed in. The government expects that the latest tariff will encourage companies to increase investment in geothermal energy.
The Regulation gives certainty on electricity price from geothermal power plants. The price is final and non-negotiable.