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Navigating Just Energy Transition Together – Shared learnings from South Africa, Indonesia, and Vietnam [EN]

The energy sectors in South Africa, Indonesia, and Vietnam are still dominated by coal-fired power generation, despite efforts to increase the share of renewable energy. These three countries face socio-economic challenges such as inequality, poverty, and high unemployment rates that need to be considered in the transition away from coal.

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Study Report

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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Study Report

How An Accelerated Coal Transition in Indonesia may Affect Chinese Developers

To help international developers, particularly Chinese companies, better understand the potential implications of Indonesia’s JETP on their overseas coal power projects, this paper summarizes one possible pathway with detailed early retirement schedule for Chinese-involved IPP plants under Indonesia’s accelerated coal transition

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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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