PTT's board of directors approved the sale of PTT International Holdings Limited, a wholly-owned subsidiary of PTT, of its entire investment, to 100 percent of the total issued shares, in PTTML to Astrindo.
If State Electricity Company (PLN) implements a 5.0 percent co-firing policy on 16 PLTUs, it will only require 189 thousand hectares.
Jokowi invites Germany to increase investment in high-tech industries, including the Indonesian electric vehicle industry from the upstream to downstream sectors.
Indonesia Strategy to Achieve 23% Energy Mix by 2025
TheIndonesia.id - Energy and Mineral Resources Minister Arifin Tasrif has said that Indonesia has prepared several initiatives to achieve the target of 23-percent new and renewable energy mix implementation by 2025.
"The attempts include the development of large-scale hydro, geothermal, as well as hydrogen power plants," he informed at the opening of the G20 Civil Society 20 (C20) forum on Monday, March 7, 2022.
The government will install a 3.6-gigawatt (GW) rooftop solar power plant (PLTS), which has the potential to increase the utilization of clean energy mix by 0.8 percent, he added. The use of biofuels is also going to be encouraged to reach up to 11.6 million kiloliters, he said. The attempt is expected to increase the clean energy mix utilization by 4 percent.
Furthermore, the government will provide fiscal and non-fiscal incentives on clean energy utilization, the minister said.
To expedite carbon emission reduction, Indonesia has also applied several eco-friendly technologies, such as carbon capture, storage, and utilization (CCUS) technology as well as super grid electricity technology, he noted. The government is also striving to promote the utilization of electric vehicles and the implementation of energy management, he said.
However, Tasrif emphasized that collaboration between the government, private actors, and non-governmental organizations is required to overcome the various challenges to reaching net-zero emissions.
Hence, he said he expected the implementation of the 2022 G20 C20 forum to include various inputs for a just and sustainable collective agreement on environmental issues.
"C20 can encourage G20 leaders to adopt concrete action to address the impacts of climate change through the implementation of the energy transition," he added.
Furthermore, he affirmed that Indonesia is committed to implementing various energy transitions to achieve the nation’s emission reduction target by 2030 and net-zero emissions by 2060.
The C20 is a platform that engages more than 800 civil societies from various countries to convey the people’s aspirations regarding global crucial issues to G20 leaders.