Kompas | Pricing for Domestic Carbon Trade by the Government is Considered Too Cheap

PLN’s carbon trading trial involves PLTU Tanjung Jati B unit 4 which has a surplus of emission quotas. As a result, the coal power plant can transfer quotas to Punagaya Coal Power Plant, Pangkalan Susu Coal Power Plant, Sebalang Coal Power Plant, and Teluk Sirih Coal Power Plant at a price of Rp. 30,000 per ton of CO2. According to the Executive Director of the Institute for Essential Services Reform (IESR), Fabby Tumiwa, the carbon trading price is relatively low.

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Kompas | Conversion to Electric Motorcycle Has Not Touched Economic Value

In order to achieve the target of 13 million electric motorcycles by 2030, the government encourages the conversion of conventional fuel-based motorcycles to electric motorcycles. This step needs to be accompanied by an emphasis on conversion prices so that the economic value can be achieved.

According to the Executive Director of the Institute for Essential Services Reform (IESR) Fabby Tumiwa, electric motorcycles, both conversions, and new purchases, must follow the tastes and consumers of society. “The decision to buy or convert a motorcycle is generally still driven by economic factors, not environmental factors. Unfortunately, the conversion to an electric motorcycle is not yet economical,” he said when contacted on Sunday (22/8/2021).

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Katadata | The use of Rooftop PV is now more than 4000 customers, an increase of 1000% from 2018

The Institute for Essential Services Reform (IESR) previously said that the revision of the Minister of Energy and Mineral Resources Regulation Number 49 of 2018 concerning the use of solar power plants (PLTS) would assist the government in achieving the new renewable energy mix (EBT) target of 23% by 2025. IESR Executive Director Fabby Tumiwa said that this regulatory improvement could help Indonesia’s economic recovery from Covid-19 and fulfill its commitment to reduce greenhouse gas (GHG) emissions.

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Kompas | Not yet considered a prospective business, Indonesia is still struggle to achieve the target of the renewable energy mix

The Executive Director of the Institute for Essential Services Reform (IESR), Fabby Tumiwa, assessed that the constraint often encountered by new renewable energy developers is the limited number of bankable projects. In several cases, Fabby explained that the financial capacity of the domestic private sector is relatively limited, the capital is not strong, provided that local banks demand a fairly high level of equity (30-40%).

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Kontan | Lack of financial support, the development of new and renewable energy will be difficult to run

The Executive Director of the Institute for Essential Services Reform (IESR), Fabby Tumiwa, assessed that the constraint that New and Renewable Energy developers often encounter is the limited number of bankable projects. This has caused financial institutions, especially banks, to be very careful in disbursing funding because the risk of New and Renewable Energy projects is quite high

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Kontan | Observer: Investment in the renewable energy sector is still hampered by funding difficulties

Executive Director of the Institute for Essential Services Reform (IESR), Fabby Tumiwa said, currently renewable energy funding is available from various sources, both at home and abroad. Fabby emphasized that the reduction of carbon emissions in the energy sector was carried out through increasing renewable energy. For this reason, current financial institutions should view renewable energy financing as a prospective business.

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CNN | Energy Observer Opens Up About the Potential of Rokan Oil

Fabby Tumiwa, Executive Director of the Institute for Essential Services Reform (IESR), said PHR must work hard to return Rokan’s production to its peak, which had touched 300 thousand-400 thousand barrels per day. After being exploited for 97 years by Chevron, he said Pertamina needed to maximize various low-quality reservoirs that Chevron had not touched due to quality problems and risks.

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CNN | Solar Power Plant Becomes Mainstay to Achieve Renewable Energy Mix

The International Energy Agency (IEA) report last year stated that the development of PV mini-grid has grown rapidly in the last 10 years. PLTS will be the new king in electricity supply. The Executive Director of the Institute for Essential Services Reform (IESR) Fabby Tumiwa also encourages the development of floating solar power plants. According to Fabby, floating solar power plants do not require land which has been an obstacle in every power plant construction in the country.

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