Month: November 2023

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Indonesia-US Cooperation to Build Electricity Networks in Remote Areas

The Government of Indonesia and the United States Government (US) plans to establish cooperation to develop a new renewable energy mini (EBT). This follows a meeting conducted by the President of the United States (US) Joe Biden with President Joko Widodo in Washington, Monday (3/11/2023) local time. Citing a press release from the White House, the two country leaders will continue to establish close cooperation in the partnership of funding with the Just Energy Transition Partnership (JETP) worth US $ 20 billion announced at the G20 Summit in 2022 in Bali. Following up on this matter, Biden also announced new programs in his efforts to overcome the climate crisis. One of them is to establish cooperation to support the development of renewable mini energy electricity networks in Indonesia.

“USTDA intends to partner with PLN in the feasibility study of a renewable mini energy network in five remote locations in eastern Indonesia,” wrote the White House, Tuesday (11/14/2023).

The White House said that the JETP project developed a replication strategy for the implementation of a wider renewable mini energy network throughout the region. The project is planned to be implemented by the US TQ Automation company in a public-private partnership with the National Laboratory of the US Energy Department under Net Zero World Initiative. In addition, in order to advance the planning of energy transitions in Indonesia, the United States Agency for International Development (USAID) will also support BUMN in developing its energy transition plan.

The US Department of Energy plans to cooperate with Indonesia through Net Zero World Initiative to evaluate the scenario of termination of coal, renewable energy determination, and electrification modeling. Both of these efforts aim to accelerate the integration of new and renewable energy sources and support policy reform based on JETP’s investment plan and comprehensive policy.

November 15, 2023, CNBC Indonesia

(https://www.cnbcindonesia.com/news/20231115102306-4-489143/ri-as-kerjasama-bangun-jaringan-listrik-di-wilayah-terpencil)

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Impact of the U-17 World Cup, Encourage Sport Tourism in Indonesia

FIFA officially appointed Indonesia as the host of the U-17 World Cup 2023 which was planned to be held in November 2023. The U-17 World Cup 2023 is planned to be held on November 10 to December 2. The U-17 World Cup was last held in 2019. In fact, this tournament is a biennial edition, but the 2021 edition was forced to be abolished because of Pandemi Covid-19. In the last edition, Brazil, who was also a successful host to become a champion. Brazil defeated Mexico with a score of 2-1 in the final. So, what is the impact on Indonesia with the holding of the World Cup U-17?

Minister of Tourism and Creative Economy (Menparekraf) Sandiaga Uno said, the Indonesian U-17 World Cup had a positive impact on economic and tourism movements. One of them in terms of spending or expenditure of soccer team players and supporters who came for quite a long time.

“If we look at around the spending (one person) 1,000-1,500 US dollars, then we estimate the total spending between 2-5 million US dollars from the team and their supporters,” he said in The Weekly Brief with Sandi Uno in Jakarta, Monday (13/13/ 11/2023).

However, he estimates that the overall economic movement is likely to be far higher than 2-5 million US dollars (around IDR 31-78 billion). This figure, said Sandiaga, is an estimate of the total expenditure for three days of the U17 World Cup in the underway since November 10, 2023.

For the impact on tourism, Sandiaga said that the holding of the international event was able to increase foreign tourist visits to over 20,000 visits. In addition to shopping, he explained, his party also prepared a tour package for the players. Including family, supporters, and fans.

Sandiaga also revealed that the target ahead after the U-17 World Cup was held starting November 10, December 2, 2023. Not only seeing the nominal, but he also considered that there would be an impact on human empowerment to sports products.

“We see it not from the nominal dollar but the impact on empowerment, sports products, and also sport tourism. The same is increasing the interest of young people to explore the sport of football, “he said.

Therefore, he said the impact was not only in the nominal Rupiah a week or two weeks ahead, but an investment for the long term.

November 14, 2023, Kompas & CNN Indonesia

(https://amp.kompas.com/travel/read/2023/11/14/060600627/dampak-piala-dunia-u-17-dorong-sport-tourism-di-indonesia)

(https://www.cnnindonesia.com/olahraga/20230623224826-142-965962/resmi-indonesia-tuan-rumah-piala-dunia-u-17-2023)

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Pertamina-Exxon Explores Cooperation of Carbon Catching IDR 31.4 Trillion

PT Pertamina (Persero) explores cooperation with energy companies from the United States, ExxonMobil, for the development of carbon capture and carbon capture storage (CCS) in Indonesia. Pertamina and ExxonMobil are planned to develop CCS in the Java Sea which has a capacity of 3 Giga Ton CO2 with an investment value of more than US $ 2 billion or around IDR 31.4 trillion (assuming an exchange rate of IDR 15,713 per US $).

To realize the plan, Pertamina and ExxonMobil signed the principal amendments as a continuation of the agreement that had been produced at the November 2022 G20 event. This signing was carried out by Pertamina President Director Nicke Widyawati, President Director of Pertamina Hulu Energi (PHE) Wiko Migantoro and President of Low Carbon Solutions, ExxonMobil Asia Pacific Pte. Ltd. Irtiza Sayyed, on Monday, November 13, 2023, in Washington DC, USA.

In this agreement Pertamina and ExxonMobil agreed to continue their cooperation to evaluate the CCS Hub in the northwestern part of Java, precisely in the Asri Basin and the Sunda Basin. CCS Hub at this location is expected to offer geological storage in significant volumes, which can capture and inject CO2 from the domestic and regional industry. The event was also witnessed by the Coordinating Minister for Maritime Affairs and Investment in Ad-Interim Erick Thohir, Minister of Energy and Mineral Resources (ESDM) Arifin Tasrif, and the United States Ambassador to the Republic of Indonesia.

Coordinating Minister for Maritime and Investment of the Republic of Indonesia Ad-Interim, Erick Thohir said “The agreement signed today indicates an important step in Indonesia’s journey as a leader in reducing emissions. The latest technology behind the CCS Hub will not only reduce emissions and encourage the low carbon industry but also creates jobs and attract investment. “

Deputy for Maritime and Energy Sovereignty Coordination, Jodi Mahardi, after the signing of the MoU, said that “the signed document is an important part of the long process that has been carried out by the Indonesian government to build the CCS ecosystem. With this agreement, it proves that all devices in Indonesia, Especially in terms of the government, it is ready to utilize the potential of CCS Indonesia for the progress of the low -carbon industry, increased investment, and opening new jobs for the people of Indonesia “.

Senior Vice President of ExxonMobil Corporation Jack P. Williams said, “We are proud to be able to collaborate with Pertamina and the Indonesian government in these transformative projects. Together, we have the opportunity to reduce emissions and encourage economic growth in Indonesia and the whole region.”

Pertamina President Director Nicke Widyawati explained that Pertamina continued to develop the decarbonization program, one of which was by developing the CCS Hub which would be built with cooperation with strategic partners such as ExxonMobil. According to Nicke, this project has the opportunity to store CO2 in a strategic area, with the development of CCS Hub in the Java region which is very close to the location of various industries. This CCS Hub will provide access to geological storage in saline aquifer (saline aquifer), which can accommodate at least 3 giga tons of carbon dioxide (CO2) from the domestic and regional carbon dense industries.

Pertamina as a leader company in the field of energy transition, is committed to supporting the Net Zero Emission 2060 target by continuing to encourage programs that have a direct impact on the achievements of Sustainable Development Goals (SDG’s). All of these efforts are in line with the application of Environmental, Social & Governance (ESG) throughout Pertamina’s business line and operations.

November 14, 2023, CNBC Indonesia

(https://www.cnbcindonesia.com/news/20231114125134-4-488896/pertamina-exxon-jajaki-kerja-sama-penangkapan-karbon-rp314-t)

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RI Increases the Export of Fisheries Products to China Worth IDR 12 Trillion

Indonesia boosted the exports of fishery products to China. The latest, the Minister of Maritime Affairs and Fisheries, Sakti Wahyu Trenggono has just released 9 containers containing 243 tons of fishery products worth IDR 18.7 billion to China. Exports from the Cold Storage facility of the Ministry of Maritime Affairs and Fisheries in Muara Baru at the same time emphasize its commitment in integrating the blue economy -based priority program. The exported fish originated from the catch in zone I and zone III of the measured fishing area.

“Measured fishing will be included in version 1 version 2 version 3 and so on according to the era. The fishing is regulated which type of fish can be caught, then the way it is civilized (environmentally friendly and sustainable), then delivered to customers (consumers), so that We can promise that the well-managed fish that we will export, both in health and their hygiene, “explained Trenggono in his statement, Thursday (9/11/2023).

Trenggono said, the reason Indonesia was boosting the exports of fishery products to China because the country was considered to be a market for fishery products that had very significant growth, which was 22% per year over the past 5 years. Based on data from the International Trade Statistics, in 2022 imports of Chinese fishery products reached US $ 23.5 billion or 12% of the total world imports and placed this bamboo curtain country as a country importing country for the 2nd global fishery product after the United States.

“The market opportunity has been utilized by several global fisheries producing countries, including Indonesia,” he said.

The China’s main import commodity was shrimp of US $ 6.29 billion with a percentage of 26.8%, followed by fish meal of US $ 2.99 billion, lobster of US $ 1.64 billion, crab of US $ 1.56 billion, salmon-trout US $ 1.43 billion, and squid-octopus US $ 1.04 billion. Indonesia became the 8th country with a value of US $ 1.2 billion and contributed 5.3%, Indonesia’s export value increased 28% compared to 2021. Meanwhile, the main supplier country included Ecuador with a contribution of 15.4%, followed by Russia with a contribution of 12, 6%. Furthermore, Vietnam with a contribution of 8.5%.

“This growth provides an opportunity for Indonesia to continue to increase exports to China,” he said.

Similarly, Director General of Strengthening of Maritime and Fisheries Product Competitiveness, Budi Sulistiyo explained during the January-September period 2023, the export value of Indonesian fisheries products to China reached US $ 790 million or equivalent to IDR 12 trillion (exchange rate of IDR 15,627). The exports are dominated by seaweed of US $ 259 million or 32.8%, squid-octopus US $ 223 million (28.2%), and shrimp of US $ 84 million (10.6%). Next crab US $ 39 million, layur-gulama US $ 28 million, bawal US $ 10 million, and tuna and ornamental fish each $ 9 million each.

“Indonesian export commodities that experienced positive trends in the Chinese market include squid-octopus, shrimp, layur-gulama, pomfret, tuna-skipjack, ornamental fish, jellyfish, and milkfish,” explained Budi.

It is planned that the fisheries commodity exported by PT. The Nusantara Bahari Tower, a 7,000 ton of Cold Storage service in Muara Baru or IDR 409.7 billion. The activity is the opening of exports, because the company has entered into a trade contract with Chinese buyer, Fujian Changshun Investment Development Co., Ltd.

Through this export, Budi hopes that the use of cold storage can be maximized, especially in supporting measurable fishing alignments. Especially ahead of the commemoration of Harkannas this year, KKP echoed sustainable fish for the golden generation. “Fish captured quality will be maintained by stored in this cold storage and will also provide a guarantee of continuous supply availability,” he concluded.

November 9, 2023, detikFinance

(https://finance.detik.com/berita-ekonomi-bisnis/d-7028297/ri-genjot-ekspor-produk-perikanan-ke-china-sudah-tembus-rp-12-triliun)

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Jokowi Inaugurates the Largest Floating Solar Power Plant in Southeast Asia

Indonesian President Joko Widodo directly inaugurated the Floating Solar Power Plant or Floating Solar PV Cirata located in the Cirata Reservoir, Mani’is District, Purwakarta Regency, West Java. President Jokowi who was accompanied by the Minister of Foreign Trade of the United Arab Emirates, Minister of Energy and Mineral Resources (ESDM) Arifin Tasrif and BUMN Minister Erick Thohir. Jokowi said that being a floating PLTS was the largest in the Southeast Asian region.

“Today is a historic day because our big dreams to build new renewable energy plants on a large scale can finally be carried out and we succeeded in building one of the largest solar power plants in Southeast Asia and number three in the world. This is already a hydropower plant with The capacity of 1,000 MW, and now coupled with a floating solar power plant of 192 MWP, “said President Jokowi in his remarks at the inauguration of PLTS, Thursday (09/11/2023).

The project, which was built in the area of the 200 hectare Cirata Reservoir, was able to produce electricity of 192 Megawatt Peak (MWP). The development process lasted for more than three years and was a form of global collaboration between PT PLN (Persero) through PLN Nusantara Power Subholding and a company from the United Arab Emirates (UAE), Masdar. It is known that the Cirata Reservoir is located in three districts of West Java, namely Purwakarta, Cianjur, and West Bandung. Not until here, Jokowi asked to continue to increase electricity production in the Cirata Reservoir region and utilize the potential of waters in Indonesia.

While PLN President Director Darmawan Prasodjo said, PLN had planned the construction of solar power plants since 2021. He explained that the Cirata Floating Solar Power Plant was a national strategic project that supplies clean energy for the Java Bali electricity system.

“The Cirata Floating Solar Power Plant becomes a window of global cooperation to realize a decrease in emissions in the acceleration of energy transition to Net Zero Emission (NZE) in 2060,” said Darmawan.

With a massive capacity, Cirata Floating Solar Power Plants will certainly help people get a greener power supply. In addition, this project will also contribute to the addition of a new renewable energy mix as a form of commitment and state concern for the environment and sustainability. This solar power plant consists of 13 islands or arrays with more than 340 thousand solar panels that can produce electricity to be distributed to more than 50 thousand homes. Thousands of local workers and MSMEs also become part of the construction of this project.

The tariff for the Cirata Floating Solar Power Plant is very competitive and will increase independence through the utilization of energy from local natural resources. In fact, this project will open up opportunities for people who want to participate in the development of green energy both through the PLN Renewable Energy Certificate (REC) and carbon trading.

November 9, 2023, detikJabar

(https://www.detik.com/jabar/bisnis/d-7026982/jokowi-resmikan-plts-terapung-terbesar-di-asia-tenggara#)