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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Koran Jakarta | Triggering Various Diseases, Air Pollution in Jakarta is Becoming More Concerning

Residents in the Jakarta, Bogor, Depok, Tangerang, and Bekasi (Jabodetabek) areas are urged to be vigilant about the dangers of pollution as it has the potential to cause various diseases. Jakarta itself has consistently been the most polluted city in the world recently due to the presence of coal-fired power plants and uncontrolled motor vehicle…

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press release

Integration of Larger Renewable Energy Capacities Requires Energy System Reform

Jakarta, September 19, 2023 - The Indonesia Clean Energy Forum (ICEF) and the Institute for Essential Services Reform (IESR) are urging Indonesia to reform its electricity system to accommodate the integration of larger capacities of renewable energy, particularly solar and wind, also known as variable renewable energy (VRE). This would involve flexible operation of the…

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press release

Indonesia’s Commitment to Energy Transition is Impacting Financing Opportunities

Jakarta, September 18, 2023 - An energy transition in the electricity sector that prioritizes equitable principles and is affordable for society requires a combination of strategic factors, long-term commitment, and policies that lead to investment opportunities for the development of renewable energy and technological innovation. This was stated by Deon Arinaldo, Program Manager of Energy…

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