Pertamina NRE and Seaborg to explore future opportunities in Indonesia
Pertamina NRE and Seaborg ApS sign a Memorandum of Understanding (MOU) to explore the potential deployment of the Compact Molten Salt Reactor (CMSR) Power Barge in Indonesia.
PT Pertamina Power Indonesia (Pertamina NRE) and Seaborg ApS have entered a Memorandum of Understanding (MOU) where both parties intend to explore and assess how the next generation nuclear power technology could be utilized both to meet Indonesia’s future clean energy demand in Indonesia, clean energy products, and contribute to a significant reduction of carbon footprint of energy supply in Indonesia, with the aim to reach net zero carbon emission by 2060.
The parties aspire to use the assessment to scope an initial project where the commercial deployment of the CMSR Power Barge is feasible and commercially viable. Followed by the initial project results, potential follow-up projects will be considered. The utilization of the energy could be for Power to Grid, directly to industry or Power-to-X and e-fuel production comprising hydrogen, ammonia, and methanol.
Based on the results of the studies, further collaboration such as the development and deployment of CMSR Power Barge with a capacity between 200 MWe and 800 MWe will be considered. Although the economics have yet to be finalized, an estimated investment of 1 – 3 billion USD would be required which would lead to significant contributions of CO2 reduction towards the Government of Indonesia’s net zero ambitions as well as other potential economic multipliers.
Once the project has matured to investment ready, both parties intend to attract foreign direct
investments to realize the project.
About Pertamina NRE
PT Pertamina Power Indonesia (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 three pillars; low carbon solutions, renewable energy, and new & future business. It is highly committed to supporting Indonesia’s net zero emission 2060 and implementing ESG.
About Seaborg ApS
Seaborg ApS is a Danish nuclear energy company that delivers a new, safe nuclear technology based on a molten salt reactor design. The company's mission is to provide clean, safe, and reliable power generation to meet the growing demand for sustainable energy worldwide.