Lithium ion storage project financing options in Indonesia 2030

What role does Indonesia play in lithium-ion battery manufacturing?

Indonesia, which has the world’s largest nickel reserves, has an important role to play in this transition. 5.3. Indonesia as an EV and battery manufacturing destination Indonesia is becoming an increasingly attractive country for companies across the lithium-ion battery manufacturing value chain due to its nickel resources.

Can Indonesia scale up lithium-ion battery manufacturing capacity?

Allen Tom Abraham, BNEF’s Asia-Pacific lead transport analyst, said: “As the country with the world’s largest nickel reserves, Indonesia has significant opportunity to scale up lithium-ion battery manufacturing capacity.

How much money does Indonesia need to finance the energy transition?

To finance the energy transition, Indonesia will need just under $2 trillion of investment in BNEF’s ETS and as much as $3.5 trillion under the NZS. The full Net-Zero Transition: Opportunities for Indonesia report is available via the following link. BNEF’s complete annual New Energy Outlook 2022 will be published later in November 2022.

Can Indonesia capitalize on growing demand for lithium-ion batteries and EVS?

Indonesia can capitalize on rapidly growing demand for lithium-ion batteries and EVs domestically and globally. 35 million battery electric two-wheelers and 1.5 million battery EV cars.

How much energy will Indonesia invest in 2022-2050?

In the ETS, Indonesia would require about $2 trillion in energy sector investments during 2022-2050, increasing to $3.5 trillion to align with net-zero by 2050 (Figure 50). Annual average investments during 2022-2050 are $69 billion in the ETS and $122 billion in the NZS – equivalent to 5-10% of the nation’s GDP in 2021. Source: BloombergNEF.

Does Indonesia need lithium?

Its position will grow significantly within five years, as several battery-grade chemicals refining projects come online and add to the country’s refining capacity. One area that Indonesia lacks is still its need for lithium, which it does not have domestic reserves of, unlike other resources powerhouses China, Canada and Australia.