ELECTRICITY rates in Indonesia exceed the world standards. So why does state-owned electricity company PLN run at a loss? Vice President Jusuf Kalla now says he knows the answer: electricity is expensive because 38 percent of it is generated by burning fuel oil, which is much more expensive than gas or coal. The proof of this is in the fact that last year, according to the Vice President, fuel oil made up around 80 percent of PLNs costs, or aroun