Opportunity to Accelerate Energy Transition to Boost Economic Growth to 8 Percent

Press Release10 October 202440Views0Likes0Comments
Jakarta, October 10, 2024—President-elect Prabowo Subianto targets economic growth to increase to 8 percent during his administration. The Institute for Essential Services Reform (IESR) believes that accelerating the energy transition through renewable energy development can support the achievement of this target.  The Executive Director of IESR, Fabby Tumiwa, said that accelerating the energy transition is…

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All About the Just Transition

Blog7 October 202436Views0Likes0Comments
The term "just energy transition" gained significant attention in Indonesia in 2022, during the country's presidency of the G20. However, as of now, Indonesia lacks a clear definition of what a just transition means in the specific context of the country. Origins of the Just Transition The concept of "just transition" first emerged in the 1970s,…

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Road to IETD Webinar: Energy Transition as an Engine for 8 Percent Economic Growth

4 October 20242KViews0Likes2Comments
Background Indonesia has committed to achieve Net Zero Emission in 2060 or earlier. This commitment is outlined in the Enhanced Nationally Determined Contribution (ENDC) where the national greenhouse gas emission reduction is targeted to decrease by 31.89% without international assistance and 43.2% with international assistance. However, Indonesia's ENDC is still far from the emission reduction…

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Breaking the Walls: The Future of Indonesia’s Solar Energy and Energy Storage Innovations

1 October 2024117Views0Likes0Comments
Background As the global energy transition accelerated, Indonesia is at a critical juncture in its efforts to redefine its energy landscape. In order to address the walls in energy security while also concerning the net zero emission target, find a sustainable energy solution that addresses the expanding population, rapid industrialization, and increasing energy demands. Innovative…

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Expanding Access to Renewable Energy with Power Wheeling

Event Coverage27 September 202474Views0Likes0Comments
Jakarta, September 25, 2024 - The demand for renewable energy electricity, especially from the industrial sector in Indonesia, is projected to increase. Large industries, especially those included in RE100, have targets for large-scale renewable energy use that require breakthroughs to meet these needs. Deon Arinaldo, Energy System Transformation Program Manager, Institute for Essential Services Reform…

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Review the Effectiveness of State Budget Allocation for Energy Transition

Press Release27 September 202474Views0Likes0Comments
Jakarta, September 26, 2024 - The Indonesian government issued the Minister of Finance Regulation (PMK) Number 103 of 2023 on October 13, 2023. PMK No.103/2023 aims to provide fiscal support through a funding and financing framework to accelerate the energy transition in the electricity sector. Based on the Climate Policy Implementation Check 2024 assessment conducted…

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