Indonesian lithium energy storage power supply procurement EK

4 FAQs about [Indonesian lithium energy storage power supply procurement EK]

Why is Indonesia focusing on enhancing its lithium processing capabilities?

Indonesia is focusing on enhancing its domestic lithium processing capabilities, driven by the rising demand for lithium-ion batteries, particularly lithium iron phosphate (LFP) batteries, used extensively in electric vehicles (EVs) and energy storage systems.

What is the demand for lithium in Indonesia?

The domestic demand for lithium products in Indonesia continues to grow, fueled by government initiatives promoting clean energy technologies and the adoption of EVs.

Can Indonesia capitalize on growing demand for lithium-ion batteries and EVS?

Indonesia can capitalize on rapidly growing demand for lithium-ion batteries and EVs domestically and globally. 35 million battery electric two-wheelers and 1.5 million battery EV cars.

How EV is affecting Indonesia''s energy supply chain?

Transport sector consumed 41% of total energy demand of Indonesia in 2020. Indonesia aims to deploy 15.2 million unit of EV by 2030 as one of mitigation measures to achieve 12.5% GHG emissions reduction target of energy sector under national self-effort. Battery plays a critical part in securing the supply chain of the EV industry.

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