In order to achieve the target of 13 million electric motorcycles by 2030, the government encourages the conversion of conventional fuel-based motorcycles to electric motorcycles. This step needs to be accompanied by an emphasis on conversion prices so that the economic value can be achieved.

According to the Executive Director of the Institute for Essential Services Reform (IESR) Fabby Tumiwa, electric motorcycles, both conversions, and new purchases, must follow the tastes and consumers of society. “The decision to buy or convert a motorcycle is generally still driven by economic factors, not environmental factors. Unfortunately, the conversion to an electric motorcycle is not yet economical,” he said when contacted on Sunday (22/8/2021).

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The Institute for Essential Services Reform (IESR) previously said that the revision of the Minister of Energy and Mineral Resources Regulation Number 49 of 2018 concerning the use of solar power plants (PLTS) would assist the government in achieving the new renewable energy mix (EBT) target of 23% by 2025. IESR Executive Director Fabby Tumiwa said that this regulatory improvement could help Indonesia’s economic recovery from Covid-19 and fulfill its commitment to reduce greenhouse gas (GHG) emissions.

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The Executive Director of the Institute for Essential Services Reform (IESR), Fabby Tumiwa, assessed that the constraint often encountered by new renewable energy developers is the limited number of bankable projects. In several cases, Fabby explained that the financial capacity of the domestic private sector is relatively limited, the capital is not strong, provided that local banks demand a fairly high level of equity (30-40%).

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