The first dialogue of Clean Energy Investment Accelerator (CEIA) Working Group

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Today, renewable energy technologies and systems are becoming more affordable every day. The rapid global renewable energy market and the high level of technology research and development make the price of electricity from renewable energy sources increasingly competitive with coal and oil plants.

This momentum is exploited by developing countries especially the commercial and industrial sectors to use renewable energy to reduce greenhouse gas (GHG) emissions. Quoting from Renewable Energy Buyers Alliance (REBA), 63% of companies entering Fortune 100 have set targets to reduce their company’s GHG emissions or buy electricity from renewable energy. In other sources, as many as 131 multinational companies have joined the global RE100 initiative that is committed to using 100% renewable energy.

 

The Clean Energy Investment Accelerator (CEIA) is a global initiative initiated by the Alaska World Bank Institute (WRI) and the US National Renewable Energy Laboratory (NREL), which aims to accelerate policy and funding frameworks in achieving renewable energy needs from the sector commercial and industrial. The innovations that are trying to be initiated in this initiative are public-private partnership (PPP) conducted in several countries in the world, including Colombia, Mexico, Vietnam, Philippines, including Indonesia. The first dialogue of CEIA Indonesia working group on April 19, 2018 was attended by 6 corporates both multinational and national, namely: Astra International, Astra Honda Motor, Procter & Gamble Indonesia, Nike Indonesia, Schneider Electric Indonesia, and Tetra Pack. This dialogue is the first of four series of dialogues conducted to improve public and private partnerships in Indonesia in utilizing electricity from renewable energy.

On the occasion, the Institute for Essential Services Reform (IESR), represented by Jannata Giwangkara, had the opportunity to become one of the speakers in the discussion session on “navigation of Indonesian regulations and policies related to renewable energy deployment in commercial and industrial sectors”. The discussion sessions further explore how the existing regulations can accommodate the electricity needs of renewable energy for the commercial and industrial sectors of Indonesia. Apart from IESR, also present in this dialogue Mr. Nur Pamudji, renewable energy practitioners in Indonesia as well as former president director of PT. PLN (Persero) which describes the success stories of companies that buy electricity from renewable energy.