{
    "success": true,
    "data": {
        "id": 1872672,
        "msgid": "geopolitical-tensions-could-make-hydrogen-cost-competitive-bahlil-1784638232",
        "date": "2026-07-21 18:35:44",
        "title": "Geopolitical tensions could make hydrogen cost-competitive: Bahlil",
        "author": "",
        "source": "ANTARA_EN",
        "tags": "",
        "topic": "Energy",
        "summary": "Investment Minister Bahlil Lahadalia stated that ongoing geopolitical conflicts and challenges in oil field development could narrow the cost gap between hydrogen and fossil fuels like biodiesel. Speaking at a summit, he emphasised that building a national hydrogen ecosystem is key to President Prabowo Subianto's goal of shifting from fossil fuels to renewable energy and strengthening energy sovereignty. The main challenge remains developing more efficient technology to make hydrogen economically competitive.",
        "content": "<p>Speaking at the opening of the Global Hydrogen Ecosystem Summit &amp;\nExhibition 2026, Bahlil said high production costs remain a major\nobstacle to hydrogen adoption.<\/p>\n<p>\u201cIt will not be long before hydrogen prices become much more\ncompetitive with other fuel sources,\u201d Bahlil said.<\/p>\n<p>He compared hydrogen\u2019s current cost with industrial-grade B50\nbiodiesel, which sells for about Rp18,600 (US$1.15) per liter.<\/p>\n<p>A commercial bus can travel 3.5 to 4 kilometers per liter on B50\nbiodiesel, while hydrogen remains slightly more expensive under current\nmarket conditions, he said.<\/p>\n<p>However, conflicts in the Middle East, ongoing wars and growing\nchallenges in developing new oil fields could push crude prices higher,\nnarrowing hydrogen\u2019s cost gap.<\/p>\n<p>Bahlil said building a national hydrogen ecosystem supports President\nPrabowo Subianto\u2019s goal of shifting from fossil fuels to renewable\nenergy and strengthening national energy sovereignty.<\/p>\n<p>\u201cThe challenge is developing more efficient technology so hydrogen\nbecomes competitive,\u201d Bahlil told government officials, industry leaders\nand international partners at the summit.<\/p>\n<p>Related news: Indonesia seeks stronger Russia ties as Prabowo lands\nin Moscow<\/p>\n<p>Related news: Prabowo to meet Putin in Moscow over geopolitics,\nenergy concerns<\/p>\n<p>Translator: Putu Indah Savitri, Yashinta Difa<\/p>",
        "url": "https:\/\/jawawa.id\/newsitem\/geopolitical-tensions-could-make-hydrogen-cost-competitive-bahlil-1784638232",
        "image": ""
    },
    "sponsor": "Okusi Associates",
    "sponsor_url": "https:\/\/okusiassociates.com"
}