At the end of September, Bank Mandiri announced that it had provided an investment credit of US$1.27 billion (IDR 19.6 trillion) to finance a new steam power plant project in South Sumatra. Read more on TechinAsia.
The option of using carbon capture and storage (CCS) technology for steam-powered power plants (PLTU) to cut emissions has resurfaced. The USC SCR (U-SCR) technology in PLTU is considered suitable for implementing this option. Read more on Investor.
The government must make regulations so that new and renewable energy (EBT) investors use more local components than imports. In the field, the Solar Power Plant (PLTS) project uses 100 percent imported components. Read more on Koran Jakarta.
The Institute for Essential Services Reform (IESR) assessed that the government needs to clarify the governance of the implementation of the Minister of Finance Regulation (PMK) Number 103 of 2023. Read more on ANTARA.
Executive Director of the Institute for Essential Services Reform (IESR) Fabby Tumiwa said that the retirement of coal -fired power plants ( PLTU ) requires intervention from the State Budget (APBN). He said that financing for the termination of coal-fired power plant operations through the APBN is expected to cover power plants owned by PT…
The agreement for the early closure of the 660-megawatt, coal-operated Cirebon-1 coal-fired power plant (CFPP) seems to have a winding road ahead. The government in Jakarta is concerned that the cost of replacing the plant with renewable energy could reach $1.3 billion. Read more on Tempo.
Strengthening cooperation between Indonesia and China in the energy sector can make Indonesia a renewable energy manufacturing hub. Read more on Kompas.com.
Coordinating Minister for Economic Affairs Airlangga Hartarto said that the loan provided by the Asian Development Bank (ADB) for Indonesia's energy transition amounting to 500 million US dollars or around Rp7.55 trillion (exchange rate of Rp15,117 per US dollar) will be used for various programs, one of which is the early retirement of CFPP. Read…
The euphoria of electric vehicles (EVs) is becoming increasingly difficult to contain. The claim that EVs are more environmentally friendly and have economic advantages over conventional vehicles is an attraction and magnet for customers. Read more on Kata Data.
Jakarta, 24 September 2024 - Indonesia is in a situation of pursuing various energy transition targets, both those that have been planned and as a need to meet the Paris Agreement targets. Cross-country collaboration is a strategic solution to pursue both investment targets and emission reductions.
The speed of increasing investment and increasing renewable energy…