Indonesia’s energy sector stands at the cusp of potentially transformative change with Prabowo Subianto’s assumption of the presidency in October. While the energy policy of the incoming administration has yet to be articulated in detail, an analysis of Prabowo’s campaign promises and political trajectories offers insights into what this crucial sector might look like under … Read more
On November 15, 2022, Indonesian President Joko Widodo and a group of nations led by the United States announced a $20 billion climate finance deal to help Indonesia curb its power sector’s reliance on coal, and transition towards a carbon-free energy system. This deal is officially called the Just Energy Transition Partnership (JETP). A year … Read more
In November of last year, Indonesian President Joko “Jokowi” Widodo officially inaugurated the Cirata solar farm in West Java. Built on a reservoir using thousands of floating photovoltaic (PV) panels, the Cirata facility has a generating capacity of 145 MW which makes it the largest floating solar farm in Southeast Asia. It also represents an … Read more
With the recent release of its Comprehensive Investment and Policy Plan, Indonesia now has a roadmap for its Just Energy Transition Partnership (JETP). And the big headline figure has always been $20 billion in financing commitments from foreign partners in the United States, United Kingdom, Europe and Japan. While that figure is of course substantial, … Read more
Indonesia’s Just Energy Transition Partnership, the $20 billion fund earmarked for investment in clean energy, took a big step forward in November with the release of the Comprehensive Investment and Policy Plan. One of the requirements under the JETP framework is to prepare a roadmap for how Indonesia will accomplish its energy transition goals (peak … Read more
Advertisement Indonesia’s $20 billion Just Energy Transition Partnership (JETP), announced last November by U.S. President Biden, Indonesian President Joko Widodo, and Japanese Prime Minister Kishida Fumio, is reaching an early critical juncture. The stakes involved are high, encompassing climate change, economics, U.S.-Indonesian relations, and geopolitics. Under the Partnership, an International Partners Group (IPG), made up … Read more
Advertisement In Muara Bakah village, located along the Barito River in Kalimantan, eastern Indonesia, the primary source of income and sustenance for local people is connected to coal mining. A coal conveyor can be seen on the other side of the river, in front of their houses. Coal barges pass back and forth daily, right … Read more
Advertisement The Just Energy Transition Partnership (JETP) between Indonesia and its major trading partners is at risk of stifling Indonesia’s coal phase-out progress if it does not provide a clear-cut definition of green projects. JETP must ensure that all projects funded under the deal align with globally agreed targets of achieving net zero emissions by … Read more