Indonesia

IEEFA Research

IEEFA Indonesia: Switching coal plants to PLN’s biomass cofiring plan is no magic bullet

IEEFA Indonesia: Switching coal plants to PLN’s biomass cofiring plan is no magic bullet

Implementation risks for Indonesia PLN's switch from coal to biomass cofiring

PLN’s biomass cofiring plan will require nothing less than the creation of a large-scale biomass industry. 8 February 2021 (IEEFA Indonesia): Important questions must be answered concerning the economic viability, feedstock supply stability and technical challenges associated with extending the life of Indonesia’s coal plants using cofiring, according to a new report from the Institute […]

IEEFA Indonesia: PLN has ‘Green Ambition’ but is short on renewable energy credibility

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 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). […]

and December 22, 2020 Read More →

IEEFA Japan: ¥26 billion loss on Australian coal power plant raises questions for Sumitomo and its investors

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 Indonesia: DME coal gasification project could lose US$377 million annually

IEEFA Indonesia: DME coal gasification project could lose US$377 million annually

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 […]

and November 10, 2020 Read More →
IEEFA: PLN still refusing to adapt, a move which will hurt investors, consumers, and the government purse

IEEFA: PLN still refusing to adapt, a move which will hurt investors, consumers, and the government purse

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 Indonesia: No bailout – only one listed coal company is profitable, the rest are in the red

50% fall in coal prices since January hammers a structurally broken industry

September 14, 2020 (IEEFA Indonesia) — With only one leading coal company currently making a profit, the Indonesian government must let the market decide the future for financially broken coal companies wishing to avoid payments of much-needed royalties and loans, finds a new report from the Institute for Energy Economics and Financial Analysis (IEEFA). Exacerbated […]

and September 14, 2020 Read More →
IEEFA: Pakistan’s new 27-year power plan risks locking in long-term overcapacity, leaving imported coal and LNG plants stranded

IEEFA: Pakistan’s new 27-year power plan risks locking in long-term overcapacity, leaving imported coal and LNG plants stranded

Wind and solar, the country’s cheapest source of new generation, also overlooked

3 September 2020 (IEEFA Pakistan): Pakistan risks locking itself into building more power capacity than it needs as a result of over-optimistic energy demand growth forecasts that do not take into account the impact of COVID-19, according to a new IEEFA report. Pakistan’s state-owned National Transmission and Despatch Company (NTDC) published its latest long-term power […]

IEEFA report: In a deepening debt hole of $34 billion, Indonesia’s PLN must stop digging

IEEFA report: In a deepening debt hole of $34 billion, Indonesia’s PLN must stop digging

The utility has added IDR100 trillion in debt annually for the last five years

September 3, 2020 (IEEFA) — Utilities globally started changing the way they do business years ago, but Indonesia’s PLN power company stands out as a laggard, focused on a confused menu of piecemeal generation options rather than holistic planning that provides system-level solutions, finds a new report from IEEFA, the Institute for Energy Economics and Financial […]

and September 3, 2020 Read More →
IEEFA report: Volts from the blue – floating solar to generate 900% more electricity across Asia-Pacific

IEEFA report: Volts from the blue – floating solar to generate 900% more electricity across Asia-Pacific

From below 1MW before 2019, ASEAN nations now have over 51MW installed and 858MW planned

July 1, 2020 (IEEFA) – Asia leads Europe in deploying floating solar, also known as floating photovoltaic (FPV), a new IEEFA report finds. Energy finance analysts Sara Jane Ahmed and Elrika Hamdi note that power demand in the Philippines and Malaysia has dropped by as much as 16% during the COVID-19 lockdown, causing extreme stress […]

IEEFA: Tough times ahead for Indonesian coal producers as China and India demand drops

Indonesian coal at the mercy of the 'dragon and tiger'

June 26, 2020 (IEEFA Indonesia) – Weaker coal demand in China and India in the wake of the COVID-19 epidemic and compounded by policies favoring domestic coal industries will cause severe shortfalls in output for 10 major listed Indonesian coal producers in 2020, finds a new report from the Institute of Energy Economics and Financial […]

More News and Commentary

Indonesian steel company to build 40MW floating solar project

The Jakarta Post/ANN: State-owned steelmaker Krakatau Steel plans to build a 40 megawatt (MW) floating solar photovoltaic (PV) power station in Banten to power the operations of its water treatment subsidiary, PT Krakatau Tirta Industri (KTI). KTI signed a US$14 million deal on Monday (April 5) with energy company Akuo Energy Indonesia, a subsidiary of […]

April 8, 2021 Read More →
IEEFA Indonesia: Lessons from Texas on extreme weather and power grid resilience
and

IEEFA Indonesia: Lessons from Texas on extreme weather and power grid resilience

Extreme weather risks are likely here to stay and planning ahead is necessary for Indonesia

In mid-February, a catastrophic power outage in Texas left more than four million households stranded for days without electricity amidst freezing weather. More than 46,000 megawatts (MW) of power capacity went offline under the extreme cold weather event, putting pressure on the power grid system and resulting in broad-based failure. Gas supplies – which provide […]

IEEFA: Who benefits from MIGA’s sustainable loan guarantee for PLN?

IEEFA: Who benefits from MIGA’s sustainable loan guarantee for PLN?

This is a time for innovation, not a short-term fix

Sometimes bankers can be too clever for their own good. This is especially true when the market is distracted by misleading statements about sustainable development impact and investors fail to read the fine print. Indonesia’s state-owned power company, PT Perusahaan Listrik Negara (PLN), started 2021 by proudly announcing that it had finalized a USD 500 […]

March 15, 2021 Read More →

Masdar targets Asian solar market in deal with Malaysia’s Petronas

PV Tech: Masdar has signed an agreement with Malaysian state-owned energy firm Petronas to explore the development of large-scale solar projects in Asia and the Middle East. A new memorandum of understanding will see the two companies work together to participate in solar and wind opportunities for utilities as well as commercial and industrial customers, […]

March 12, 2021 Read More →
IEEFA: Guyana’s oil future relies on ‘lower-than-average governmental take’

IEEFA: Guyana’s oil future relies on ‘lower-than-average governmental take’

Deal raises questions for ExxonMobil shareholders, Guyanese citizens

Last week, IHS Markit released an updated analysis of ExxonMobil’s progress in Guyana that projected significant oil and cash flow from the Yellowtail phase of development. The announcement is one of several upbeat reports about the progress of oil and gas development in Guyana. Buried in this optimistic assessment was an important insight: The company’s […]

March 10, 2021 Read More →

Wärtsilä moving forward with floating battery storage options for land-short users

Power Magazine: Floating energy storage systems are being developed for use in areas wanting to increase their use of renewable energy, but with constraints on the land available that could be used for solar and wind farms or land-based energy storage. Southeast Asia is one area ready to utilize such installations. The technology group Wärtsilä […]

March 10, 2021 Read More →

Head of JBIC says the Japanese bank will not fund new coal plant development

NHK News: The governor of the Japan Bank for International Cooperation has said that the government-owned financial institution will stop funding new coal-fired power plant projects overseas. The comment Tuesday by Maeda Tadashi comes amid growing opposition to the use of coal and the role of banks in financing them. He said, “The trend now […]

March 3, 2021 Read More →
IEEFA Indonesia: Switching coal plants to PLN’s biomass cofiring plan is no magic bullet
and

IEEFA Indonesia: Switching coal plants to PLN’s biomass cofiring plan is no magic bullet

Implementation risks for Indonesia PLN's switch from coal to biomass cofiring

PLN’s biomass cofiring plan will require nothing less than the creation of a large-scale biomass industry. 8 February 2021 (IEEFA Indonesia): Important questions must be answered concerning the economic viability, feedstock supply stability and technical challenges associated with extending the life of Indonesia’s coal plants using cofiring, according to a new report from the Institute […]

IEEFA: Neglecting renewables could cost Indonesia’s energy edge, independence

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 […]

January 8, 2021 Read More →
IEEFA Indonesia: PLN has ‘Green Ambition’ but is short on renewable energy credibility
and

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 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). […]

and December 22, 2020 Read More →