The process of energy transition in Indonesia over the last three years has been in the consolidation phase. Although the results, in the form of an increase in renewable energy capacity, have not been fully realized, Indonesia has established commitments and plans for energy transition, making it a national agenda.
Read more on Koran Jakarta.
Indonesia aims to reach the peak of greenhouse gas (GHG) emissions by 2035 and subsequently decline to achieve net zero emissions (NZE) by 2060 or earlier. Achieving this target still requires more massive regulatory support and investment.
Read more on Kontan.
The Indonesian government has a political commitment to undergo an energy transition, thereby increasing funding for renewable energy projects, both at the bilateral and multilateral levels.
Read more on Kompas.
Executive Director of the Institute for Essential Services Reform (IESR) Fabby Tumiwa mentioned that the energy transition process in Indonesia over the last three years has been in the consolidation phase.
Read more on ANTARA.
Indonesia is expected to see the lowest investment realization in renewable energy projects in six years, despite the country’s aim to decarbonize its electricity sector, which experts suggest it is partly because of a lack of discussion to resolve structural and financial barriers in the sector.
Read more on Jakarta Post.
Indonesian President Joko “Jokowi” Widodo has asked the Ministry of Investment to look for investors who would be interested in projects outside nickel and tin. Apparently, the president has identified quartz sand – the raw material for solar panels – as the next promising sector.
Read more on China Global South.
Indonesia is expected to see the lowest investment realization in renewable energy projects in six years, despite the country’s aim to decarbonize its electricity sector, which experts suggest it is partly because of a lack of discussion to resolve structural and financial barriers in the sector.
Read more on Jakarta Post.
The Institute for Essential Services Reform (IESR) states that the trend of renewable energy development is slowing, reaching only 0.97 gigawatts (GW) out of the targeted 3.4 GW in the fourth quarter of 2023. If this trend continues, Indonesia is at risk of not achieving its emission peak because the decarbonization of the power sector tends to stagnate, while emissions from the demand sector continue to rise.
Read more on Kata Data.
Indonesia aims to reach the peak of greenhouse gas (GHG) emissions by 2035 and subsequently decline to achieve net zero emissions (NZE) by 2060 or earlier. Achieving this target still requires more massive regulatory support and investment.
Read more on Kontan.
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