BPH Migas: Utilization of Biodiesel can Save Foreign Exchange

1 month ago 34

December 8, 2024 | 12:12 am

TEMPO.CO, Jakarta - The Downstream Oil and Gas Regulatory Agency (BPH Migas) stated that the presence of energy transition in providing energy distribution signifies that the energy sector is sensitive in responding to the needs of the global community.

The Secretary of the Downstream Oil and Gas Regulatory Agency (BPH Migas), Patuan Alfon Simanjuntak, said that various efforts have been made to realize this transition by using alternative energy, including the development of biodiesel.

According to data from the Ministry of Energy and Mineral Resources, mandatory use of 35 percent biodiesel or B35, has saved foreign exchange amounting to IDR 120.54 trillion.

"This is in line with the President's vision (Prabowo), because we know that we are following his vision and mission. Next year, it might also reach B40," Alfon said during a discussion titled 'Collaboration in Energy Transition: Developing an Adaptive and Innovative Oil and Gas Downstream Ecosystem' at the BPH Migas office, South Jakarta, on Friday, December 6, 2024.

Alfon expressed his optimism that by 2025, the utilization of biodiesel will not only save foreign exchange but also reduce imports, which will consequently provide support for energy availability domestically.

"So that our energy availability can be achieved by ourselves or in terms of energy self-sufficiency," he said.

Furthermore, for this energy transition, Alfon said that there are several important steps to be taken, one of which is infrastructure development. He emphasized that the government needs to expand and build infrastructure to support the use of new renewable energy.

According to Alfon, innovation in technology is also necessary to increase energy efficiency. In addition, the government needs to implement policies that support the use of renewable energy, such as fiscal incentives, subsidies for clean energy, and carbon taxation.

M. RIZKI YUSRIAL

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