Indonesia Energy Transition Outlook (IETO) 2024

IESR is proud to present IETO 2024, which documents the progress of the energy transition in the power, industry, transportation, and buildings sectors, as well as its enabling environment: policy, regulation, finance, clean technology adaptation, and public and local participation.

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Just Transition in Indonesia’s Coal Producing Regions [Full Report & SPM]

To obtain empirical evidence of the coal transition in coal-producing regions, namely Paser in East Kalimantan and Muara Enim in South Sumatra, IESR has conducted research since 2021. The purpose of this study is to comprehend the dynamics and provide a strategy for addressing the socio-economic impact of the transition away from coal, as well as a proposal for the economic transformation of this region post-coal, to ensure that the people and communities in this region will not be abandoned during a just transition. We hope that the outcome will eventually facilitate a just transition away from coal in the most affected regions and communities

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Assessing Opportunities to Accelerate German-Indonesia Energy Transition Finance [EN]

This paper aims to shed light on the climate financing landscape in both Germany and Indonesia, with a primary focus on climate mitigation, particularly in the energy sector. With regard to Germany, this paper provides an overview of Germany’s climate financing flows, structure, and international climate finance trends. Moreover, it also takes into account the recent political discourse in Germany as well as the geopolitical conditions that followed Russia’s invasion of Ukraine, and the ensuing energy crisis in Europe. With regard to Indonesia, this paper provides an outlook on Indonesia’s climate mitigation targets and achievements, recent trends with regard to energy transition financing in the country, and potential avenues for further provision of international climate finance to support its energy transition.

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Delivering Indonesia’s Power Sector Transition

This study discovered that canceling nine units of coal plants totaling 3 GW currently under construction will have no effect on reliability or cost and that early retirement is the cheapest option in terms of investment and carbon cost compared to achieving the 2050 net-zero goal.

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Making Energy Transition Succeed: A 2023’s Update on The Levelized Cost of Electricity (LCOE) and Levelized Cost of Storage (LCOS)

IESR first published the LCOE report and tool in 2019. This year we updated our tool with more technologies and the new economics of energy technology. IESR’s 2023 Update of LCOE and LCOS shows that renewables have become more competitive than fossil fuels. Nevertheless, renewable energy adoption in Indonesia remains low due to the government’s own policy of maintaining massive subsidies for fossil fuels. As Indonesia plans to achieve net-zero emissions by 2060 or sooner, and the power sector’s emissions peak in 2030, energy subsidy and pricing reform should be prioritized. With that, the utility should move faster to deploy renewables and retire coal plants sooner.

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