Comparison of Biodiesel Prices with Other Fuel Types

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Fitria Nurhayati 21/04/2021 16:27 WIB

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Biodiesel prices are competitive with other types of fuel oil.

Fuel Prices as of April 2021 (IDR/Liter)

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Comparison of Biodiesel Prices with Other Fuel Types

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Fuel Prices as of April 2021 (IDR/Liter)

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To mitigate global warming, particularly reducing emissions from the energy sector, Indonesia is aggressively promoting the use of biofuels in vehicles. This is because biofuel-powered vehicles have lower emissions compared to fossil fuel-powered vehicles.

Indonesia itself is developing a variety of biofuels, including bioethanol and biodiesel. To date, palm oil is the main raw material for biodiesel development and has been mandated for distribution to the public. Its implementation is steadily increasing, from a 10 percent blend to currently 30 percent.

In the market, biodiesel prices are competitive with other fuel types. Based on data from the Directorate General of New, Renewable Energy and Energy Conservation (EBTKE) of the Ministry of Energy and Mineral Resources (ESDM), as of April 2021, the price of biodiesel was around Rp 10,131 per liter. This price is slightly higher than non-subsidized diesel fuel at Rp 9,400.

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."