Kata Data | JETP Investment Postponed Due to Lack of Consideration for Captive Coal-Fired Power Plants.

The investment in the Just Energy Transition Partnership (JETP) is postponed because the government needs to take into account the coal-fired power plants independently built by industries and located outside the PLN network system or captive power plants. The JETP investment plan, which was previously targeted for August, has been pushed back to the end…

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press release

Anticipate the Impact of Decreasing Coal Consumption to Prepare for Economic Transformation

Jakarta, September 27, 2023 - Indonesia has established various energy transition policies that will affect domestic coal consumption. Apart from that, Indonesia still relies on 75-80 percent of its coal production for exports to several coal export destination countries such as China, India, and Vietnam, which have also set targets for reducing coal consumption to…

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press release

Eight Recommendations of IETD 2023

Jakarta, September 20, 2023 - Transforming the electricity sector with renewable energy development and accelerating the coal-fired power plants requires significant financing. The availability of energy transition financing will help the government, utility companies, and community groups to increase the number of renewable energy projects, thereby further reducing the price of renewable energy generation. The…

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Ensuring the Effectiveness of Renewable Energy Project Procurement

Jakarta, September 20, 2023 - Standardizing Power Purchase Agreements (PPAs) has become one of the ways to expedite negotiations for renewable energy projects and avoid potential legal violations. This was one of the topics discussed at the 2023 Indonesia Energy Transition Dialogue (IETD). Kirana Sastrawijaya, Senior Partner of UMBRA, highlighted considerations for standardization, including referencing…

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press release

IESR and Ford Foundation Call for Centering Justice on Energy Transition Partnership

Jakarta, September 19, 2023 - The Institute for Essential Services Reform (IESR) and Ford Foundation in Indonesia are calling on the government of Indonesia to emphasize the significance of centering justice in energy transition in Indonesia, especially through the Just Energy Transition Partnership or JETP.  The JETP is an innovative financing mechanism intended to accelerate…

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Kontan | Be Cautious of Debt Traps, Bambang Brodjonegoro Provides Input for the Implementation of JETP

Chairman of the Indonesia Clean Energy Forum (ICEF), Bambang Brodjonegoro, stated that Indonesia needs to negotiate with the parties involved in the fair energy transition cooperation scheme (Just Energy Transition Partnership/JETP). This pertains particularly to the funding composition, which is still predominantly in the form of loans because the grant amount is still quite minimal. Read…

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Kumparan | Indonesia as an Upper-Middle-Income Country, Former Finance Minister Proposes Shifting Fuel Subsidies to Renewable Energy

Former Finance Minister, Bambang Brodjonegoro, stated that fuel subsidies should no longer be implemented because Indonesia is currently classified as an upper-middle-income country. He mentioned that fuel subsidies were an instrument used when Indonesia was still a low-income country. Read more on Kumparan.

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Kata Data | Simultaneously Developing LFP, the New Prima Donna of Electric Vehicle Batteries

At the beginning of last week, on Monday (11/9), South Korea's leading battery and materials manufacturer, LG Energy Solution, announced its readiness to compete with China in the rechargeable battery market for lithium iron phosphate (LFP) electric vehicles. LG Energy Solution Co.'s Chief Technology Officer, Shin Youngjoon, stated that China's penetration into the rechargeable battery…

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