The ASEAN green taxonomy is necessary to accelerate green financing for coal-fired power plant early retirement plans.
Read more on Kata Data.
Guides such as the Indonesian Green Taxonomy to the second version of the ASEAN Taxonomy for Sustainable Finance are essential in financing the energy transition. However, regulatory and institutional strengthening is still needed to accelerate the growth to more optimal clean energy.
Read more on Kompas.
Jakarta, 18 April 2023 - Addressing the climate change issue needs not only commitment but it requires a huge amount of resources. Financing has become one of the biggest challenges for countries like Indonesia which rely on coal plants and need to transform them into renewable-based power generation to cut emissions from the power sector.…
Jakarta, May 4, 2023 - The ASEAN Taxonomy Board (ATB) published the second version of the ASEAN Taxonomy for Sustainable Finance (ATSF v2) in March 2023. This taxonomy acts as a guidance to help classify economic activities, particularly those related to green financing. The Institute for Essential Services Reform (IESR) welcomes the publication of the…
Disclosure of information about the electricity buying and selling scheme in Indonesia is needed so that the progress of the energy transition towards renewable energy can be monitored appropriately. The lack of access can also hamper funding efforts that have the potential to enter Indonesia.
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Executive Director of the Institute for Essential Services Reform (IESR), Fabby Tumiwa, said the cooperation between the State Electricity Company (PLN) and International Energy Agency (IEA) for this was excellent. PLN can get IEA technical assistance in designing PLN's energy transition strategy.
Read more on Koran Jakarta.
Jakarta, April 15, 2023 - A careful planning strategy is essential to encourage the use of solar energy in the electricity system. The Government of Indonesia and PLN (the national power utility) released the new Electricity Business Plan (RUPTL) 2021-2030, which sets out Indonesia’s future power capacity by increasing the number of New Renewable Energy…
Executive Director of the Institute for Essential Service Reform (IESR), Fabby Tumiwa, said market conditions did not reflect PGEO's business prospects in the future.
Read more on Bisnis.
Jakarta, 11 April 2023 - Indonesia's leadership at the international level continues. After being considered successful in becoming the leader of the G20 countries in 2022, in 2023 Indonesia is entrusted with becoming the chairman of ASEAN. As a country with the largest population, economy and energy demand in the ASEAN region, Indonesia has an…
The government and Commission VII of the House of Representatives agreed to include nuclear as a new energy source in the New Energy and Renewable Energy Bill. Observers assess that the government should remove new energy provisions in the regulation and focus on renewable energy.
Read more on Kompas.
The Executive Director of the Institute for Essential Services Reform (IESR), Fabby Tumiwa, believes the government's decision was right not to increase electricity rates in the second quarter of 2023.
Read more on Medcom.
Beijing, March 27, 2023 - The Executive Director of the Institute for Essential Services Reform (IESR), Fabby Tumiwa, highlighted that the Belt and Road Initiative (BRI) allowed China to play a role in accelerating the energy transition in Indonesia. He mentioned this as a guest speaker promoting green and low carbon transition in BRI participating…