3 Electric Vehicle Charging Station Investment Scenarios

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Arofatin Maulina Ulfa 27/05/2021 15:56 WIB

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The Institute for Essential Services Reform (IESR) has calculated the investment needs for the development of Public Electric Vehicle Charging Stations (SPKLU) in Indonesia.

Three Investment Requirement Scenarios for Public Electric Vehicle Charging Stations (USD Million)

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3 Electric Vehicle Charging Station Investment Scenarios

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Three Investment Requirement Scenarios for Public Electric Vehicle Charging Stations (USD Million)

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The Institute for Essential Services Reform (IESR) has calculated the investment needed for the development of Public Electric Vehicle Charging Stations (SPKLU) in Indonesia. Three scenarios were used: Business As Usual (BAU), moderate, and ambitious, spanning the period from 2025 to 2050.

The results show that the investment for the BAU and moderate scenarios are not significantly different. The total investment required is USD 1.35 million (approximately Rp 19.3 billion) and USD 6.75 million (approximately Rp 96.4 billion) in 2025, respectively. By 2050, this increases to USD 6.3 million (approximately Rp 90 billion) and USD 38.4 million (approximately Rp 549 billion) respectively, under the same scenarios.

However, compared to the ambitious scenario, the difference is substantial. Given the high cost required for SPKLU development, IESR believes the government would be overwhelmed by the burden. Therefore, private sector involvement is crucial.

IESR recommends, to support the development of the electric vehicle ecosystem, convincing private investors that such investments will be profitable, even though the penetration of electric vehicles in Indonesia is currently still relatively low.

Editor : Jeany Hartriani

"Disclosure: This is an AI-generated translation of the original article. We strive for accuracy, but please note that automated translations may contain errors or slight inconsistencies."