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Elrika Hamdi
Government is creating domestic market for energy products that other countries are moving away from
Undergoing an energy transition is now inevitable for every country. Even amid the pandemic, the International Energy Agency (IEA) found that installed renewable energy had grown exponentially to reach to almost 200 gigawatts (GW) globally, with or without government support. In some markets, the energy transition accelerated at a pace that no one could have […]
Press Release and Christina Ng
A detailed sustainability roadmap going forward will assist PLN’s credibility with ESG investors
22 December 2020 (IEEFA Indonesia): PLN must be prepared for a much higher level of scrutiny around its continuing coal investments and lack of progress in renewable energy investment projects when the company launches its debut green and/or sustainable bonds, finds a new briefing note by the Institute for Energy Economics and Financial Analysis (IEEFA). […]
IEEFA
The Jakarta Post: Indonesia officially kicked off on Thursday the development of the Rp 1.8 trillion (US$127.24 million) Cirata floating solar power plant in West Java, one of the national strategic projects (PSN), as the government aims to boost the contribution of renewables to the country’s energy mix. PT PJB Masdar Solar Energi, a joint […]
IEEFA
The Jakarta Post: The government is considering to shut down the aging Suralaya coal-fired power plant (PLTU) in Cilegon, Banten, and replace it with green energy, as Indonesia chases its long-delayed commitments to cut carbon-dioxide emissions. The Energy and Mineral Resources (ESDM) Ministry’s freshly appointed renewables director general, Dadan Kusdiana, said on Nov. 16 that […]
IEEFA
Reuters: The Asian Development Bank (ADB) on Tuesday approved a $600 million loan for Indonesian state utility Perusahaan Listrikk Negara (PLN) to expand electricity access and promote renewable energy. The loan is part of the second phase of an electricity grid development programme covering the outer regions of Kalimantan, Maluku, and Papua in the east […]
Press Release and Simon Nicholas
Sumitomo’s coal policies are lagging its trading house peers and the Japanese government
23 November 2020 (IEEFA Japan): As the government of Japan’s energy policy shifts significantly and Japanese trading houses exit coal projects overseas, Sumitomo Corporation continues to develop coal power projects and has seen its thermal coal output grow according to a new report from the Institute for Energy Economics and Financial Analysis (IEEFA). The report, […]
IEEFA
Reuters: Financing for coal projects is drying up at ever increasing rates as more countries target zero carbon emissions amid an energy transition sweeping the world, participants at Asia’s biggest gathering of the coal industry said on Tuesday. The exit from coal by big international banks and government-backed agencies, which has accelerated this year, is […]
Press Release and Ghee Peh
Investing in DME doesn’t make economic sense
10 November 2020 (IEEFA Indonesia): A proposed coal gasification plant for Sumatra could lose US$377 million dollars annually, finds a new report by the Institute for Energy Economics and Financial Analysis (IEEFA). Author and energy finance Analyst Ghee Peh says that with the COVID-induced economic contraction, this is not the time to be subsidizing a […]
Press Release and Melissa Brown
Utility’s latest planning report locks PLN into the past
23 October 2020 (IEEFA Indonesia): PLN would be better served restructuring its business to address the current energy transition rather than relying on a lifeline of government support while channelling more capital to old polluting technologies of the past, finds a new report by public think tank, the Institute for Energy Economics and Financial Analysis […]
IEEFA
Argus Media: The Western Australia (WA) state government has approved development of a 15,000MW solar and wind project, which will export electricity to Indonesia and supply the WA iron ore sector. The project, in the Pilbara region of the state, is the first stage of the proposed Asian Renewable Energy Hub (AREH), which is targeted […]
IEEFA Indonesia: PLN has ‘Green Ambition’ but is short on renewable energy credibility
A detailed sustainability roadmap going forward will assist PLN’s credibility with ESG investors22 December 2020 (IEEFA Indonesia): PLN must be prepared for a much higher level of scrutiny around its continuing coal investments and lack of progress in renewable energy investment projects when the company launches its debut green and/or sustainable bonds, finds a new briefing note by the Institute for Energy Economics and Financial Analysis (IEEFA). […]