Indonesia is open to exporting electricity to neighboring countries like Singapore, contingent upon the agreement of fair pricing set by the Indonesian government. According to Bahlil Lahadalia, the Coordinating Minister for Energy Downstreaming and Transition, the country’s priority remains meeting domestic electricity needs first.
Lahadalia emphasized that any export agreement must reflect fair commercial value and safeguard Indonesia’s national interests. The government has already established baseline export prices, and Lahadalia has urged the Danantara Investment Management Agency to resist external pressures to lower these rates.
The discussions of potentially exporting green electricity to Singapore are part of broader regional efforts aimed at enhancing cooperation in clean energy. However, Indonesia maintains that any such agreement must ensure equitable pricing while securing sufficient electricity supply for its domestic market.
Ensuring fair pricing is seen as crucial not only to protect Indonesia’s economic interests but also to promote sustainable energy practices in the region. Lahadalia’s comments reflect a careful balancing act between fostering international energy cooperation and safeguarding national priorities.