Institute for Essential Service Reform (IESR) Executive Director Fabby Tumiwa said the use of marine energy consisting of tidal, wave, current and thermal (OTEC) around the world is still low, at least only around 500 megawatts (MW). One of the countries that use the most marine energy in the form of tidal energy today is the UK. For the use of marine energy, we must first see how much potential there is in Indonesia

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Executive Director of the Institute for Essential Services Reform (IESR) Fabby Tumiwa said that the plan to convert diesel power plant to NRE will not only increase the NRE mix, but will also have a positive impact on the financial performance of the State Electricity Company. The cost of providing electricity with diesel power plant ranges from IDR 3,000 to IDR 3,500 per kWh so that using NRE can later lead to savings for State Electricity Company

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The Executive Director of the Institute for Essential Services Reform (IESR) Fabby Tumiwa believes that this large budget is related to investors’ perceptions of green energy generation in Indonesia. The perception of the risk of renewable energy investment in Indonesia is still high. Fabby continued, not all renewable energy requires large funds. Therefore, Fabby suggested that the government make an attractive green energy investment policy so that investors are confident in investing

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The Executive Director of the Institute for Essential Services Reform (IESR) Fabby Tumiwa said that 80% of the world’s rare earth deposits are controlled by China. To start the development of rare earth metals, Indonesia started by developing a strategy of mapping and utilization of rare earth metals through research and potential mapping support and also started partnerships and industrial development with several other countries

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The Executive Director of the Institute for Essential Services Reform (IESR) Fabby Tumiwa explained that at least the additional installed capacity of renewable energy would reach 648 MW by 2022 according to the Electricity Supply Business Plan. It is estimated that there will be an additional 500 MW of electricity capacity beyond the system planned by the State Electricity Company. So it is estimated that there will be additional generating capacity of up to 1 GW of renewable energy in the future

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On 3 November Indonesia, the Philippines and the Asian Development Bank (ADB) announced an Energy Transition Mechanism (ETM) partnership. ADB provides funds to accelerate the early retirement of coal power plants and replace them with clean power plants. Jokowi clearly said that carbon market and carbon pricing must be part of efforts to address climate change issues

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Coal is the reason Indonesia cannot accelerate its net zero emission (NZE) target by 2050. However, coal is the main fossil fuel that drives the Indonesian economy. Indonesia has 418 gigawatts of power in renewable energy in the form of solar, wind, hydro, geothermal as well as underwater currents. Jokowi’s call to energy actors is to replace coal with operational ETM partnerships and make Indonesia NZE 2050

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The Executive Director of the Institute for Essential Service Reform (IESR) Fabby Tumiwa suggested that SOEs just acquire the technology. IBC should focus on battery production and cooperate with electric car manufacturers. Then, the company can conduct research on the development of battery technology to anticipate future battery needs

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The Executive Director of the Institute for Essential Services Reform (IESR) Fabby Tumiwa explained that currently the world is faced with the challenge of controlling the growth of GHG emissions. The target is that by 2030, around 45% of GHG emissions at the 2010 level can be cut, after that it will decrease to net-zero in 2050 or 2060. Reducing methane gas, from the point of view of controlling GHG emissions, is actually more cost effective

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