Indonesia’s Pertamina sets up energy innovation challenge

Illustration (Photo: Pixabay)

Indonesia’s state-owned energy company Pertamina has launched a Rp 500 million ($38,000) innovation competition which targets new and renewable energy technologies and business ideas.

The competition, dubbed ‘Pertamina d’Gil’, runs from December 7, 2016 until March 5, 2017, and is aimed at students, professionals, and companies that can deliver renewable energy concepts.

It is divided into two categories, namely Innovative Business Idea, and Products & Technology Breakthrough.

All winners will receive prizes with a total value of $38,000, according to Pertamina, and the winning idea will be included in Pertamina’s future development activities.

Wianda Pusponegoro, VP of Corporate Communication at Pertamina, said: “This competition is a way and place to explore innovative ideas related to new and renewable energy business through mentoring tools until financing, so it can be transformed into a business that can be developed and implemented as a substitution for conventional energy.”

The competition goes in line with Pertamina’s commitment to develop new and renewable energy in Indonesia as an alternative to meet domestic energy needs in the future, added Pusponegoro, who also revealed Pertamina’s intention to become a technology manufacturer in the renewable energy sector.

The interested parties can submit their ideas through Pertamina’s dedicated website.

To remind, Pertamina and French renewable energy developer Akuo Energy signed a memorandum of understanding back in February 2015 to develop various renewable energy projects in Indonesia, including an ocean thermal energy conversion (OTEC) plant.

In April this year, the French Agency for Development (AFD) agreed with Akuo and Pertamina to mobilize €1.5 million in order to facilitate the development of up to 200 MW additional renewable energy capacities in Indonesia over the coming years. AFD contributed €500,000 through this joint effort, dedicating it specifically for OTEC technology development.

Share this article

Follow Tidal Energy Today

Events>

<< Feb 2017 >>
MTWTFSS
30 31 1 2 3 4 5
6 7 8 9 10 11 12
13 14 15 16 17 18 19
20 21 22 23 24 25 26
27 28 1 2 3 4 5

Offshore Energy 2017

Offshore Energy Exhibition & Conference (OEEC) is Europe’s leading offshore energy event. It is unique in bringing together the oil & gas…

read more >

The Southern North Sea Conference & Exhibition – SNS2017

EEEGR’s flagship Southern North Sea conference is taking place over two days at the Norfolk Showground Arena in Norwich…

read more >

Seanergy Normandy 2017

Meet again in the new auditorium at Le Carré des Docks Le Havre Normandie for our round tables, debates and technical conferences divided…

read more >

MARINE ENERGY WALES ANNUAL CONFERENCE

The vision is to create a thriving and diverse sustainable marine energy industry, making a significant contribution to a low carbon economy…

read more >