Indonesia Energy Transition Outlook 2024: Tracking Progress of Energy Transition in Indonesia: The Trend and Transformation in Achieving Indonesia Net Zero Ambition

Background In 2023, through the presidential decree lifting the COVID-19 pandemic situation, it became a stimulus for economic recovery and national development to accelerate. Until the second quarter of 2023, economic growth in Indonesia was recorded at 5.17% (yoy) and showed economic strengthening in several regions in Indonesia. Meanwhile, Indonesia is projected to experience a…

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IETO 2023: Anticipating the Energy Crisis by Utilizing Renewable Energy

Jakarta, 14 December 2022- The global energy crisis shows the vulnerability of fossil-based energy security, including Indonesia, where 67% of the energy mix comes from fossil energy. Facing the uncertainty of social, political, economic and environmental conditions regarding national energy security, the government needs to make a sustainable and just energy transition by optimizing the…

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Preventing Energy Crisis, Indonesia Needs to Accelerate Renewable Energy Development

Jakarta, 11 October 2021- The energy crisis in Europe is a lesson for many countries, especially Indonesia to maintain their energy security by reducing dependence on the fossil energy market, preparing prudently for the energy transition, and diversifying energy, especially for renewable energy.  William Derbyshire, Director, Economic Consulting Associates (ECA) UK explained that the UK's…

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