Indonesia emphasized the critical need for foreign investment to harness its vast renewable energy resources at the Indonesia-Europe Investment Summit 2024, held on 9 December in Jakarta. Minister of Investment and Downstreaming Rosan Perkasa Roeslani highlighted Indonesia's 3,700 GW potential from solar, hydro, geothermal, wind, and tidal energy, which remains largely untapped. For instance, solar energy potential of 3,294 GW has only utilized 0.35 GW, while hydro energy with 95 GW potential has harnessed just 6.77 GW. Roeslani stressed the importance of European expertise and financing to bridge this gap, stating that collaboration could drive innovation, sustainability, and economic growth.
European Union Ambassador Denis Chaibi and EuroCham Chair Francois de Maricourt echoed Indonesia's call for partnership, recognizing Indonesia’s renewable energy wealth as an opportunity for EU investors to advance the green economy. EuroCham highlighted key strategies, including integration into global value chains, regulatory consistency, and innovation, to enhance EU-Indonesia cooperation. The summit also underscored the urgency of finalizing the Indonesia-EU Comprehensive Economic Partnership Agreement (CEPA) to bolster trade and green investments. These efforts aim to position Indonesia and the EU as global leaders in sustainable energy initiatives.
