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.
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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.
Read more on Kompas.
Standardizing the Power Purchase Agreements (PPA) is one way to expedite negotiations for renewable energy projects and avoid potential legal violations. This is one of the topics discussed during the Indonesia Energy Transition Dialogue (IETD) 2023.
Read more on Warta Ekonomi.
Carbon credits could be a solution to finance Indonesia's energy transition. This financing becomes increasingly attractive with the significant growth in the carbon market.
Read more on Kata Data.
The Ministry of Energy and Mineral Resources (MEMR) will improve the geothermal auction system to attract business interest.
Read more on Kontan.
Geothermal business owners reveal that up to this point, the growth of installed capacity for geothermal power plants in Indonesia is still slow, reaching only 40 megawatts (MW) per year. There are several challenges that are considered to hinder the addition of this clean energy capacity.
Read more on Kata Data.
The investment in the Just Energy Transition Partnership (JETP) is postponed because the government needs to take into account the coal-fired power plants independently built by industries and located outside the PLN network system or captive power plants. The JETP investment plan, which was previously targeted for August, has been pushed back to the end…
Neraca | The Government is Urged to Prioritize the Principle of Justice in Energy Transition Efforts
The Institute for Essential Services Reform (IESR) and the Ford Foundation in Indonesia are calling on the Indonesian government to prioritize the importance of promoting the principle of justice in Indonesia's energy transition efforts, especially in the context of the Just Energy Transition Partnership (JETP).
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The energy transition in the electricity sector requires a combination of strategies, long-term commitment, and policies that can lead to investment opportunities for the development of renewable energy and technological innovation.
Read more on Kompas.
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…
New York, 21 September 2023 - The global community is urging global leaders to take serious actions to address climate change. During the COP 27 in Egypt, several countries renewed their commitment to reducing greenhouse gas emissions and achieving net zero emission status. However, there are still gaps between commitment and implementation of policy and…
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…