Indonesia

IEEFA Research

IEEFA: High stakes for Asian Development Bank’s ambitious coal power retirement plan

IEEFA: High stakes for Asian Development Bank’s ambitious coal power retirement plan

Implementation challenges could block funding for other equally important high impact clean energy funding strategies

24 September 2021 (IEEFA Asia): In the lead up to the United Nations Climate Change Conference COP26, the Asian Development Bank (ADB) announced a plan to speed up the retirement of high emissions coal-fired power plants in Southeast Asia. This announcement sets the stage for a transformation of the Asian multilateral development bank’s (MDB) role […]

IEEFA: The economics of Indonesia’s diesel power plant to gas conversion plan are problematic

IEEFA: The economics of Indonesia’s diesel power plant to gas conversion plan are problematic

Deploying new small-scale LNG is an uphill battle for PGN

26 August (IEEFA Indonesia): Indonesian gas is currently in a precarious position, where the government needs to find new domestic demand to absorb surplus gas coming into the market amidst expiring export contracts. According to the Institute for Energy Economics and Financial Analysis’ (IEEFA) new report, small-scale liquefied natural gas (ssLNG) has been re-proposed in […]

IEEFA: Indonesia’s state-owned utility PLN’s 2060 net zero ambition not without flaws and gaps

IEEFA: Indonesia’s state-owned utility PLN’s 2060 net zero ambition not without flaws and gaps

Indonesia on the right emissions reduction pathway but same old coal stories persist

25 June (IEEFA Indonesia):  Recent announcements by Indonesia’s state-owned utility company Perusahaan Listrik Negara (PLN) to achieve carbon neutrality by 2060 must be met with caution and scrutinized as the numbers don’t stack up, according to a new report from the Institute for Energy Economics and Financial Analysis (IEEFA). The report’s authors IEEFA energy finance […]

IEEFA: Nuclear power euphoria in Indonesia is all smoke and mirrors with no current technical, financial or market viability

IEEFA: Nuclear power euphoria in Indonesia is all smoke and mirrors with no current technical, financial or market viability

Renewables should be the focus of Indonesia’s net-zero pledge

2 June 2021 (IEEFA Indonesia):  In growing energy markets like Indonesia, decision makers are facing a barrage of pro-nuclear media coverage as the nuclear industry floods the market with panels and webinars focused on the potential of nuclear power. A new report from the Institute for Energy Economics and Financial Analysis (IEEFA) highlights that while […]

IEEFA Pakistan: Coal gasification and liquefaction harmful to economy

IEEFA Pakistan: Coal gasification and liquefaction harmful to economy

There is no second life for coal

6 May 2021 (IEEFA Pakistan): Pakistan’s intention to use coal for power production through gasification and liquefaction technologies is likely to cause harmful economic impacts and a subsequent increased reliance on fossil fuels in Pakistan, finds a new report by the Institute for Energy Economics and Financial Analysis (IEEFA). Pakistan’s intention to explore a second […]

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 […]

More News and Commentary

Solar investments produce 2.7 times more jobs than fossil fuel work

Huffington Post: As Congress debates whether to pare down the Biden administration’s signature climate proposals or allow the fossil fuel industry to benefit more from new government programs, new research suggests doing so would create far fewer jobs. For every million dollars the United States government invests, solar produces over 2.7 times more jobs than […]

October 18, 2021 Read More →

IEEFA: Spiking coal prices: Don’t blame the energy transition

Volatility highlights urgency for renewables-based energy solutions

“Energy crisis.” The phrase evokes nearly-forgotten images of gasoline queues in the 1970s, but increasingly describes the spike in global fossil fuel prices. A handful of commenters eagerly lay the blame on renewable energy, which they claim has distracted the world’s attention from investments in oil, gas, and coal production that could have calmed markets. […]

Asia Development Bank plans funds for early coal power plant closures

Nikkei Asia ($): The Asian Development Bank plans to create funds, possibly next year, to facilitate early closures of coal-fired power plants in Southeast Asia. The new funds will buy such plants and take an active role in their management. Working with governments and financial institutions, the ADB plans to launch the funds in countries […]

October 7, 2021 Read More →

Indonesia rolls out plan to add 4.7 gigawatts of solar by 2030

PV Tech: Indonesia is aiming to deploy an additional 4,680MW of solar by 2030 as part of efforts to reach net zero carbon emissions by 2060. Energy minister Arifin Tasrif said a new 2021-2030 master plan will see Indonesia source 51.6% of its added power capacity by the end of the decade from renewables, while […]

October 6, 2021 Read More →
IEEFA: High stakes for Asian Development Bank’s ambitious coal power retirement plan
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IEEFA: High stakes for Asian Development Bank’s ambitious coal power retirement plan

Implementation challenges could block funding for other equally important high impact clean energy funding strategies

24 September 2021 (IEEFA Asia): In the lead up to the United Nations Climate Change Conference COP26, the Asian Development Bank (ADB) announced a plan to speed up the retirement of high emissions coal-fired power plants in Southeast Asia. This announcement sets the stage for a transformation of the Asian multilateral development bank’s (MDB) role […]

Sun Cable plans $2.5 billion Australia-to-Singapore solar undersea link

Reuters: Sun cable, an Australian-Singapore venture, will invest $2.5 billion in Indonesia as part of an ambitious solar power project to provide Singapore with up to 15% of its energy requirements, officials said on Thursday. The Australia-Asia Power Link will from 2027 harness solar energy from the world’s largest solar farm and battery storage facility […]

September 23, 2021 Read More →

China foreign coal financing halt could scratch $50 billion investment

Reuters: China’s pledge to stop building coal-fired power plants overseas could cull $50 billion of investment as it slashes future carbon emissions, analysts said, although Beijing’s own domestic coal programme is still propping up the dirty fossil fuel. Chinese President Xi Jinping said in a pre-recorded address at the United Nations General Assembly on Tuesday […]

September 22, 2021 Read More →

UPC Renewables ready to begin building largest wind farm in Indonesia

The Jakarta Post: Wind farm developer UPC Renewables announced on Friday (Sept 10) that construction would soon begin on a 150-megawatt wind farm in Sukabumi, West Java. It added that the project, which could mark a milestone in the use of wind power in Indonesia, was targeted for completion in 2024. The development of the […]

September 15, 2021 Read More →

Solar viewed as key to coal-dependent Indonesia renewables targets

Bloomberg ($): Solar power holds the key to meeting renewable energy targets for Indonesia, but the fast-growing Southeast Asian economy needs significant reforms to steer it away from an over-reliance on coal, according to a report. The sprawling archipelago is targeting for renewables to make up 23% of its energy needs by 2025, a task […]

September 9, 2021 Read More →

Australia considers legislation to allow offshore wind farms

Renew Economy: Australia may soon be host to a new source of renewable energy after long awaited legislation that will enable offshore wind projects to be built in commonwealth waters was finally tabled in parliament on Thursday by federal energy minister Angus Taylor. Offshore wind has stunned many in the industry for its ability to […]

September 2, 2021 Read More →