From 2031 to 2060, the Indonesian government forecasts that the largest economy in Southeast Asia would require up to $25.2 billion in investments to produce green hydrogen.
Significantly, Pertamina, a state-owned company, plans to invest $11 billion over the next five years to help expedite the sustainable energy transition, including hydrogen research.
The government expects that green hydrogen, which is created by electrolysis of water using renewable energy-generated electricity, would become a viable alternative energy source for transportation, industry, and households in the future.
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