The Indonesian government has a political commitment to undergo an energy transition, thereby increasing funding for renewable energy projects, both at the bilateral and multilateral levels.
Read more on Kompas.
ANTARA | IESR States That The Energy Transition in Indonesia is Currently in The Consolidation Phase
Executive Director of the Institute for Essential Services Reform (IESR) Fabby Tumiwa mentioned that the energy transition process in Indonesia over the last three years has been in the consolidation phase.
Read more on ANTARA.
Indonesia is expected to see the lowest investment realization in renewable energy projects in six years, despite the country’s aim to decarbonize its electricity sector, which experts suggest it is partly because of a lack of discussion to resolve structural and financial barriers in the sector.
Read more on Jakarta Post.
Indonesian President Joko “Jokowi” Widodo has asked the Ministry of Investment to look for investors who would be interested in projects outside nickel and tin. Apparently, the president has identified quartz sand – the raw material for solar panels – as the next promising sector.
Read more on China Global South.
Indonesia is expected to see the lowest investment realization in renewable energy projects in six years, despite the country’s aim to decarbonize its electricity sector, which experts suggest it is partly because of a lack of discussion to resolve structural and financial barriers in the sector.
Read more on Jakarta Post.
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…
Indonesia aims to reach the peak of greenhouse gas (GHG) emissions by 2035 and subsequently decline to achieve net zero emissions (NZE) by 2060 or earlier. Achieving this target still requires more massive regulatory support and investment.
Read more on Kontan.
Energy transition in Indonesia must be carried out comprehensively, not only limited to the electricity sector but also targeting other sectors.
Read more on Kompas.
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.
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…