Press Release Archives - Page 5 of 19

Indonesia – China need to Formulate an Energy Transition Financing Partnership at the Belt and Road Initiative Summit

Press Release18 October 20235Views 0Likes 0Comments

Jakarta, October 17, 2023 - Marking the 10th anniversary of the Belt and Road Initiative (BRI) launch, China is hosting the third BRI International Cooperation Summit or Belt and Road Forum in Beijing on October 17-18, 2023. China's theme is "High-quality BRI Cooperation: for Common Development and Prosperity" at this year's summit. The Institute for…

Grounding the Energy Transition Narrative

Press Release16 October 20237Views 0Likes 0Comments

Jakarta, 13 October 2023 - As Indonesia's ambition to realize a Golden Indonesia by 2045 and achieve net zero emission (NZE) by 2060 becomes clear, the government and related parties need to work together to strengthen public understanding of the energy transition, as one of the efforts to achieve these targets. Agus Tampubolon, Project Manager…

Calculating the Costs of Early Termination of Coal Power Plant and Other Decarbonization Measures

Press Release12 October 20238Views 0Likes 0Comments

Jakarta, 11 October 2023 - Early termination of coal-fired power plant (CFPP) operation from the natural CFPP retirement year is a more cost-effective approach than extending the life of coal CFPP with the addition of carbon capture and storage (CCS) technology. It was stated by Fadhil Ahmad Qamar, Program Staff for the Clean, Affordable, and…

Energy Transition is a Game Changer to Achieve Indonesia Emas 2045 Ambition

Press Release10 October 20238Views 0Likes 0Comments

Jakarta, October 10, 2023 - Indonesia is pursuing the Indonesia Emas 2045 ambition that targets economic growth, characterized by an increase in per capita income on par with developed countries and a decrease in emissions intensity. For economic growth to continue to increase, with the fulfillment of reliable energy and low emissions, energy…

INDONESIA-CHINA Energy Transition Cooperation, First Of Its Kind High-Level Dialogue

Press Release5 October 202318Views 0Likes 1Comment

INDONESIA-CHINA Energy Transition Cooperation, First of its kind high-level dialogue to advance renewable energy cooperation between Indonesia and China 26 September 2023 – The Coordinating Ministry for Maritime Affairs and Investment (CMMAI) of the Republic of Indonesia conducted a first of its kind high-level dialogue between Indonesia and China officials to deepen cooperation between…

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

Press Release27 September 202313Views 0Likes 0Comments

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…

Eight Recommendations of IETD 2023

Press Release20 September 202310Views 0Likes 0Comments

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…

Ensuring the Effectiveness of Renewable Energy Project Procurement

Press Release20 September 20237Views 0Likes 0Comments

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…

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

Press Release19 September 20235Views 0Likes 0Comments

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…

Integration of Larger Renewable Energy Capacities Requires Energy System Reform

Press Release19 September 20236Views 0Likes 0Comments

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…

Indonesia’s Commitment to Energy Transition is Impacting Financing Opportunities

Press Release18 September 20235Views 0Likes 0Comments

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…

Transforming the Electricity Sector as a Strategic Step to Accelerate Emission Reduction

Press Release18 September 20237Views 0Likes 0Comments

Jakarta, September 18, 2023 - The Indonesia Clean Energy Forum (ICEF) and the Institute for Essential Services Reform (IESR) are urging Indonesia to accelerate the transformation of the electricity sector. This has been the focal point of discussion at the 2023 Indonesia Energy Transition Dialogue (IETD), organized by ICEF and IESR in collaboration with the…