Kata Data | The Trend of Renewable Energy Development in Indonesia is Slowing, Threatening NZE Targets

The Institute for Essential Services Reform (IESR) states that the trend of renewable energy development is slowing, reaching only 0.97 gigawatts (GW) out of the targeted 3.4 GW in the fourth quarter of 2023. If this trend continues, Indonesia is at risk of not achieving its emission peak because the decarbonization of the power sector…

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CNBC | The Important Role of ESG in Energy Transition and Renewable Energy Development

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…

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Kontan | Here’s The Description of the Cirebon 1 CFPP Transaction will be Completed in the First Semester of 2024

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…

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