Putu Purwaningsih’s Post

📢 Press Release Alert! Today, the ASEAN Centre for Energy officially launched the Position Paper on the Assessment of the Role of Coal in Energy Transition and Coal Phase-Out to respond to the ASEAN Taxonomy for Sustainable Finance Version 2 (March 2023) and Version 3 (March 2024), specifically addressing the role of coal and coal phase-out amidst the ASEAN energy transition. Held in Jakarta, Indonesia, the event invited key stakeholders as well as panel of experts, to discuss the implications and strategies for coal phase-out to ASEAN’s energy security. Dr. Nuki Agya Utama, PhD, Executive Director of ACE, remarked that the position paper underscores ASEAN’s commitment to sustainability, encouraging the financing realisation of Clean Coal Technologies/Carbon Capture Utilisation and Storage projects for a just and inclusive energy transition in ASEAN. Beni Suryadi, Manager of ASEAN Centre for Energy who supervised the development of the position paper, emphasised the importance of careful and guided energy policies related to coal use in ASEAN to maintain security and affordability of energy supply as well as optimise economic growth. 🔗 Read more: https://lnkd.in/gPKwCJKr

Great to be back in Jakarta with John Zadkovich for the next instalment of our Energy Trilemma series, a roundtable discussion over dinner with colleagues from across the Indonesian energy sector.   Being able to host Energy Trilemma roundtables in different jurisdictions very much confirms our view that the ‘Energy Transition’ is in fact many Energy Transitions. One size does not fit all. While many of the issues are the same, the local solution may not be.   Key topics over the Jakarta dinner included:   Carbon credits – how can Indonesia use carbon credits to support its energy transition? It’s clear that nature-based solutions will be a strong feature of the Indonesian carbon market. Gas and LNG – natural gas will be a key feature of the energy transition in Indonesia – the ability of Indonesia to transition away from coal needs the base load capacity of gas and LNG. Carbon Capture and Storage – has been given the legal and regulatory backing to succeed in Indonesia. The next stage needs to be putting in place the financing tools such as government financial support mechanisms (viability gap funding if necessary), the creation of an ASEAN CCS Hub structure through cross border agreements with Indonesia’s ASEAN neighbours as well as Japan and Korea Role of Blended Financing – financial support for the development of new energy technologies outside the traditional lending structures needs innovative financing techniques (carbon credits etc) as well as the de-risking of new technology that blended financing structures provide. Legal and Regulatory – Indonesia’s potential for renewables development as well as a hydrogen economy currently can only be driven at scale through Indonesia’s state opened monopolies. To accelerate transition Indonesia needs tools like direct power purchase agreements and wheeling contracting structures to allow private developers and commercial parties to accelerate the development of green electrons. Foreign Capital - Indonesia remains in need of foreign capital in order to action and deliver certain energy transition projects and large-scaled infrastructure generally. With interest rates high, and some investors wary of emerging markets such as Indonesia, securing foreign capital is likely to continue to be a challenge. Thank you to all who attended.

This recent Op-Ed written by me and my colleague discusses how local content requirements could hinder financing and slow Indonesia's renewable energy project. We point out that the domestic preference principle of Development Financial Institutions (DFIs), which is preferred for financing renewable energy projects, does not align with the local content thresholds specified in Minister of Industry Regulation No. 54/2012. With recent news of the plan to revoke Minister of Industry Regulation No. 54/2012, we are of the opinion that it may not adequately resolve the issue and could potentially weaken local manufacturing standards. We suggest that amending the regulation would be a more effective approach than its proposed revocation. Enjoy the reading!

Delighted to share my opinion with Mardhiyyah Anggun on The Jakarta Post for the 6 June 2024 edition. We argue for the amendment rather than the revocation of Industry Ministerial Regulation No. 54/2012, proposing a gradual adjustment of TKDN thresholds for renewable energy projects to align with the readiness of Indonesia’s manufacturing industry. This approach could also address the challenges in meeting domestic product obligations required by Development Financial Institutions (DFIs). Happy reading! #PLN #JakartaPost #MinistryofIndustry #TKDNThreshold #EnergyTransition #SustainableActivity #RenewableEnergyProjects

We often get questioned on flying around the world to work on industrial decarbonisation. While we do offset all of our travel emissions until there is a better solution of making no emissions to start with, that example in itself is why we get together to work on the problems. Coming together we make alliances, structure actions and align our efforts to transition from a large collective of well-intentioned activities, into a coordinated swarm of action to help industry decarbonise sooner. One thing is certain. New technologies are the path to a cleaner environmental future for the generations to come. And all new technologies that need to be developed and deployed on such a massive global scale require coordinated effort from multiple stakeholders, including governments, engineers and industry operators, in order to get them developed, invest-able and demonstrated, so that they can become a trusted solution for the world to adopt as a true solution. I know from past experience, these next three days will fundamentally change how effective we all are as individual actors in the global efforts to help accelerate industrial decarbonisation. #NIM #NetZeroIndustries #MissionInnovation

Latest on our #KnowledgeHub: New Energy Nexus Indonesia ’s [RE]Power event is Indonesia's first youth-driven clean energy policy “hackathon". During the Pitching & Awarding Day, the winners presented their policy recommendations to the Ministry of Energy and Mineral Resources (ESDM) and the Ministry of National Development Planning/Bappenas Republic of Indonesia ). These policies will be shared with policy leaders shaping the 2025-2029 RPJMN (National Medium-Term Development Plan). Read the full scoop on how these young minds are influencing Indonesia’s energy future via link in the bio ! #cleanenergyrevolution #CleanEnergy #knowledgehub

For over 30 years, Indonesia and Germany have been working together on sustainable development, paving the way for a brighter, greener future. This video explores the ongoing partnership between GIZ, KfW, and PLN, highlighting their work in renewable energy, from solar power plants to technical training and policy reform.    Watch as we dive into key milestones of the collaboration, including the launch of Selayar’s Solar Power Plant, the integration of sustainability into PLN’s learning system, and the new agreements shaping Indonesia’s energy transition. Together, we’re building a more reliable, affordable, and sustainable electricity supply for all.    Discover more about this transformational journey and how it's shaping the future of Indonesia’s power system.    #RenewableEnergy #SustainableDevelopment #EnergyTransition #Indonesia #Germany #PLN #GIZ #KfW KfW PT PLN (Persero)

Indonesia and Japan have inked 21 agreements to explore energy cooperation during the Asia Zero Emission Community (AZEC) second ministerial meeting held in Jakarta, which the two hailed as a significant step in decarbonization in the region. Dadan Kusdiana, secretary-general to the Energy and Mineral Resources Ministry said both countries would continue with feasibility studies and the results would be discussed further in the next AZEC meetings. “Then we will determine what AZEC could do to support clean energy development in Indonesia,” Dadan said in a statement on Wednesday after signing memorandums of understanding (MoUs) with his counterpart Yokoshima Naohiko, Japan’s New Energy and Industrial Technology Development Organization (NEDO). Read more: https://lnkd.in/gTtBnuuw #energy #cooperation #smartgrid #bioenergy #japan #indonesia #thejakartapost

#Indonesia is on track to achieve its #SDG7 targets on #electrification and #cleancooking but may fall short of achieving its #renewableenergy target of at least 23 percent in the total final energy supply. Sustainable Energy for All (SEforALL) is working to ensure a coordinated United Nations approach to deliver the country's #energytransition efforts. Our current work in Indonesia focuses on strengthening the institutional capacity of local UN bodies to support the Indonesian government and its partners. https://lnkd.in/drK7YmAr