Energy transition is not just about retiring and shutting down coal-fired power plants and then shifting to renewable energy. There's a broader perspective than that.
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The Institute for Essential Services Reform (IESR) assesses that the formulation of a roadmap for the operational of early retirement of coal-fired power plants is a preliminary step to promote the development of renewable energy.
Read more on ANTARA.
The government will retire a 1.7 Gigawatt (GW) Coal-fired Power plant (CFPP) by using fair transition cooperation funds (ETP). This is stated in the draft JETP comprehensive investment planning and policy document.
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Jakarta, 3 November 2023 - The Conference of the Parties (COP 28) will soon be held in Dubai, United Arab Emirates. One of the agendas for this annual meeting is to see the progress of global actions to deal with the climate crisis. In a public discussion held by the Foreign Policy Community Indonesia (FPCI)…
The government has released the draft of the Comprehensive Investment and Policy Plan (CIPP) in the Just Energy Transition Partnership (JETP) for public consultation on last Wednesday (1/11/2023).
Read more on Bisnis.
The government is demonstrating its commitment to accelerate the shutdown or retirement of coal-fired power plants. This comes after Finance Minister Sri Mulyani issued a new regulation stating that the funding for the shutdown of coal-fired power plants will come from the state budget (APBN).
Read more on Okezone.
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…
The Cirebon 1 coal-fired power plant owned by PT Cirebon Electric Power (Cirebon Power) is deemed to play a crucial role in Indonesia’s energy transition, with experts suggesting that whether other plants joined the government’s early retirement program for coal plants would depend on its success or failure.
Read more on Jakarta Post.
The Institute for Essential Services Reform (IESR) predicts a decrease in coal demand in Indonesia after 2030. In fact, the decline is estimated to reach 15-20 percent.
Read more on Tempo.
The government is currently preparing plans to reduce coal production and consumption. Domestic and export demand is expected to decline in the next few years. Economic transformation around coal mining needs to be pursued, especially since this sector does not produce a large multiplier effect.
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Deon Arinaldo, Energy Transformation Program Manager at the Institute for Essential Services Reform (IESR), stated that the discourse of "early retirement" or the cessation of coal-fired power plant operations also requires a calculation from the benefit perspective.
Read more on ANTARA.
DIVERSIFICATION and economic transformation must be immediately planned to anticipate the social and economic impact of the decline in the coal industry. This is in line with plans to end PLTU operations and increase commitment to energy transition and emission mitigation from countries that have been destinations for coal exports so far.
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