According to data from Indonesia's Ministry of Energy and Mineral Resources, the country's biodiesel usage reached 13.87 million kiloliters in November and is expected to rise to 16.74 million kiloliters in December. Enya Ristiani Devi, the Ministry's general director of new and renewable energy, said at the Indonesian Palm Oil Conference held in Bali on Thursday that all gas stations across Indonesia are now supplying B50 blended biofuel. Indonesia's biofuel production capacity will be 21.53 million kiloliters in 2026, 22.02 million kiloliters in 2025, and 19.15 million kiloliters in 2024. The share of renewable energy in the electricity structure reached 16.6% in the third quarter; the target range for 2026 is 17% to 21%. Indonesia has opened up wind power projects to investors.

Disclaimer:Webull uses external vendor Google Translation Service for news translations where we endeavour to ensure these are correct, however, we recommend that you please double-check this information accordingly. Webull is not responsible for translation errors or issues.