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Indonesia’s Biodiesel Policy Accelerates Transition from Fossil-Based Energy
Thursday, April 21, 2022Coordinating Minister for Economic Affairs, Airlangga Hartarto has said Indonesia’s biodiesel policy over the last 14 years has accelerated the transition from fossil-based energy to cleaner energy, reports the Antara in Jakarta. Indonesia’s commitment to utilizing palm oil as the base for biofuel will expedite the country’s energy safety target and help it realize a 23% energy mix by 2025, he said.
Indonesia’s B30 production in 2021 reached 9.4 million kiloliters, equal to 64.14 million barrels, the coordinating minister informed, adding that the conversion from crude palm oil to B20 has increased the product’s added value by Rp13.19 trillion to maintain USD2.64 billion foreign exchange reserves from the reduction of fossil-based fuel. He also said that the biodiesel development would not stop at B30 but will continue until fossil-based fuels are completely replaced by environmentally friendly energy

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