PT Pertamina Power Indonesia (“Pertamina NRE”), PT Pertamina Geothermal Energy Tbk (“PGE”), and Genvia have signed memorandum of Understanding (MoU) to collaborate on developing green hydrogen production through the integration of advanced solid oxide electrolyzer (SOEL) technology with geothermal heat resources. The signing was conducted in the Indonesia – France Business Forum on September 26th, 2024.
The agreement includes the assessment of techno-economics of using Genvia’s advanced SOEL high-temperature technology to reduce energy consumption in green hydrogen production. The assessment will be conducted on one of PGE’s geothermal sites.
“We at Pertamina NRE are excited about this partnership with Genvia, which we believe will significantly accelerate the advancement of green hydrogen initiatives in Indonesia. This collaboration underscores our commitment to explore innovative solutions to achieve cost-effective hydrogen production and to maximize Indonesia green energy potential, such as geothermal. We believe that this will bring lots of benefits for Indonesia, including to reduce carbon emissions” said John Anis, Pertamina NRE CEO.
PGE, Pertamina NRE’s geothermal subsidiary, will provide geothermal heat resources for the study. The collaboration leverages PGE’s expertise in geothermal energy and Pertamina NRE’s broader clean energy portfolio, which spans renewable energy, green hydrogen, battery storage, electric vehicles, and carbon management.
“Through this collaboration with Pertamnia NRE and PGE, we see great potential in combining Genvia’s cutting-edge technology with Indonesia’s abundant geothermal resources to drive the future of sustainable energy. By exploring the potential of high-temperature SOEL technology, we aim to unlock new efficiencies in green hydrogen production,” said Florence Lambert., CEO of Genvia.
In support of the collaboration, Ambassador of the Republic of Indonesia to France, Andorra, Monaco, and UNESCO, Mohamad Oemar, expressed his optimism for the partnership, stating: “We hope this cooperation will accelerate Indonesia’s achievement of net-zero emissions.”
About Pertamina NRE
PT Pertamina Power Indonesia or Pertamina New & Renewable Energy (Pertamina NRE) is a subsidiary of PT Pertamina (Persero), Indonesia’s largest energy company, comprised of four business entities: PT Pertamina Geothermal Energy (subsidiary), PT Jawa Satu Power (affiliate), PT Jawa Satu Regas (affiliate), and PT Industri Baterai Indonesia. Its business focuses on clean energy development. It is highly committed to supporting Indonesia’s net zero emission 2060 aspiration through energy transition.
About Genvia
Genvia is a Clean Hydrogen Technology Venture created to meet the decarbonization challenge by accelerating affordable clean hydrogen production and applications at scale. Our mission is to develop the world’s most efficient Solid Oxide Electrolyzer solutions that are cost effective, reliable, and sustainable.