Energy transition in Indonesia must be carried out comprehensively, not only limited to the electricity sector but also targeting other sectors.
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Kurniawati Hasjanah
Jakarta, December 15, 2023 - The Institute for Essential Services Reform (IESR) assesses that the energy transition is already in full swing in 2023, and it is ready to take off if the government can create the necessary supporting conditions.
IESR comprehensively discusses the development of the energy transition and opportunities to accelerate the energy…
Dozens of young people from different countries and races hold yellow balloons with mobile phone flashlights directed at the end of the balloons. In front of the line, a blackboard with LED lights forms capital letters into the sentence "END THE FOSSIL ERA".
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The high demand among investors for renewable energy issuers in the capital market is a positive indicator.
Read more on Bisnis Indonesia.
Jakarta, December 12, 2023 - Indonesia aims to reach peak greenhouse gas (GHG) emissions by 2035 and gradually move towards net zero emission (NZE) by 2060 or earlier. The energy sector in Indonesia is currently a major source of emissions, with nearly 90.4 percent of the country's domestic energy supply coming from fossil fuels. Therefore,…
Indonesia has decided to move ahead with plans to develop nuclear power some six decades after launching its first research reactor in Bandung, West Java, but experts believe safely deploying nuclear technology in the country will take a lot of time.
Read more on Jakarta Post.
Implementing Environmental, Social, and Governance (ESG) practices has become a pressing need for various industrial sectors. This is because ESG is a fundamental pillar in a framework that aims to identify non-financial risks and opportunities in a company's routine. The application of ESG seeks to balance the profit orientation of the business with social and…
The Institute for Essential Services Reform (IESR) sees that the slow progress in developing renewable energy in Indonesia in recent years may affect achieving the 23% renewable energy mix target by 2025.
Read more on Kontan.
Indonesia's carbon trading initiative is yet to gain momentum. Despite its launch by President Joko Widodo on September 26, 2023, the total trading value on the Indonesian carbon exchange has only reached Rp30.7 billion. The trading volume so far has been 490,716 tons of carbon dioxide equivalent (CO2e) until November 30, 2023. Additionally, 71.95 percent…
The target of using 15 million electric vehicles by 2050 is predicted not to be achieved. Incentives for electric vehicles are considered still small so that it does not attract people to use electric vehicles.
Read more on Kata Data.
The Cirebon 1 Coal Fired Power Plant (CFPP) will have its operational life shortened by seven years, and it is now expected to operate only until December 2035 instead of July 2042. The project has secured funding commitments from the Energy Transition Mechanism (ETM) scheme, and the transaction is expected to be finalized in the…
President Joko “Jokowi” Widodo’s call for more support from rich countries for their developing counterparts in tackling the climate crisis has left environmentalists unimpressed, who criticize the speech for “giving nothing new” despite global putting pressure on countries to do more to avoid the worst impacts of the crisis.
Read more on Jakarta Post.