For the last several years, clean energy transitions have often positioned early retirement of coal-fired power plants as part of larger decarbonization efforts. Coal power plants operate for decades; so if they can be shut them before the end of their anticipated economic lives it will reduce emissions while clearing out space for more investment … Read more
Advertisement A plan for how Indonesia will spend $20 billion to transition to cleaner energy was submitted Wednesday to the government and its financing partners, the planners said. Indonesia’s Just Energy Transition Partnership (JETP) deal was announced last year and aims to use the funds over the next three to five years to accelerate the … 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