Indonesia-Singapore Opens Carbon Export Import Potential with CCS Technology

Singapore signed a Letter of Intent (LOI) commitment for cross-border Carbon Capture and Storage (CCS) activities with Indonesia. In the LOI, Indonesia and Singapore emphasized the importance of CCS as a decarbonization method, and the potential of CCS to support sustainable industrial activities and create new economic opportunities. Later, a working group consisting of Singaporean and Indonesian government officials will work together on a legally binding bilateral agreement to allow cross-border transportation and storage of carbon dioxide between Singapore and Indonesia.

“This collaboration with Singapore not only increases Indonesia’s commitment to leading environmental responsibility in this region, but also shows our proactive approach in utilizing innovative technology for sustainable growth,” said Deputy for Maritime Sovereignty and Energy at the Coordinating Ministry for Maritime Affairs and Investment Jodi Mahardi in his statement, Thursday (15/2/2024).

This agreement was signed by Deputy Secretary (Industry) of the Singapore Ministry of Trade and Industry, Keith Tan, and Jodi Mahardi. This agreement is based on Presidential Regulation Number 14 of 2024 concerning the Implementation of Carbon Capture and Storage Activities, which provides access to carbon storage operators to provide international carbon storage capacity.

CCS itself is the activity of capturing, transporting and storing carbon dioxide, to prevent carbon emissions from being released into the atmosphere. CCS is a decarbonization method that is suitable for industries whose emissions are difficult to reduce, such as the energy sector, chemical industry and power plants.

CCS is internationally recognized as an important decarbonization method for achieving global climate change mitigation. Both institutions, the Intergovernmental Panel on Climate Change (IPCC) and the International Energy Agency (IEA), recognize the important role of CCS in achieving net zero emissions by the middle of this century and reducing the effects of global warming.

“Cross-border carbon capture and storage are a growing solution in Asia and supports Singapore’s transition to a low-carbon future. Singapore is the first country to sign an LOI with Indonesia after its presidential regulation including cross-border CCS was announced,” said the Deputy Secretary (Industry).Singapore Ministry of Trade and Industry Keith Tan.

“With this LOI, Singapore and Indonesia can become pioneers in accelerating the implementation of cross-border CCS projects in Southeast Asia,” he said.

February 15, 2024, detikFinance

(https://finance.detik.com/energi/d-7195462/ri-singapura-buka-potensi-ekspor-impor-karbon-dengan-teknologi-ccs)

Quick Count Results of the Presidential Election in Indonesia: Predictions and Impact on the Economy

On February 14, 2023, Indonesia has just held General Elections, one of which is to elect the President and Vice President 2024-2029. Of all the existing survey institutions, the Prabowo-Gibran pair has a landslide advantage over the other two candidates, namely Anies Baswedan-Muhaimin Iskandar, and Ganjar-Mahfud.

Based on Kompas Research and Development data as of 07.54 PM, Wednesday (14/2/2024), 84.45% of the votes had been received. As a result, Prabowo-Gibran 58.81%, Anies Baswedan-Muhaimin Iskandar 25.12%, and Ganjar Pranowo-Mahfud16.07%. Data Indicator as of 07.55 PM, 89.30% of votes had been received. Prabowo-Gibran won 57.9%, Anies-Muhaimin 25.54%, and Ganjar-Mahfud 16.56%. Denny JA’s Lembaga Survey Indonesia (LSI) as of 07.57 PM, had 96% of the votes cast. The results showed Prabowo-Gibran 58.17%, Anies-Muhaimin 25.21%, and Ganjar-Mahfud 16.62%. Charta Politika has also received 62% of the incoming votes as of 07.58 PM, Prabowo-Gibran is again ahead with 57.63%, Anies-Muhaimin 25.9%, and Ganjar-Mahfud 16.45%. Poltracking with 88.9% of votes received as of 07.57 PM, the result was that Prabowo-Gibran also won 59.31%, Anies-Muhaimin 24.32%, and Ganjar-Mahfud 16.37%. Politika Research & Consulting (PRC) has also received 88.17% of the incoming votes as of 07.55 PM, Prabowo-Gibran won 59.28%, Anies-Muhaimin 24.22%, and Ganjar-Mahfud 16.51%.

Based on these interim results, what about the Indonesian economy?

Executive Director of the Segara Research Institute, Piter Abdullah, believes that investors have no problem with whoever is elected president. He said the most important thing is that the election process runs peacefully and does not trigger riots. Moreover, with the Presidential Election running in one round and the absence of demands from other parties, this provides more immediate certainty for investors. That way, investors can immediately take steps for new assignments and invest.

Meanwhile, Executive Director of the Center of Reform on Economics (CORE) Mohammad Faisal said that in election years many investors hold back and wait when deciding on investments. With elections running in one round, investors can decide their investment steps quickly.

“This means that business decisions, if one round is faster. Previously, many people had to wait and see, their decisions were delayed, delayed, now decisions are made quickly,” said Faisal.

With the interim results of this quick count, investors can also see the direction of government policy in the future. The temporary results for the Prabowo-Gibran pair are superior to those of other candidate pairs. That way, the couple will continue the policies of the Jokowi government era.

In terms of economic growth, Faisal assesses that it will experience a slowdown compared to 2023. He predicts that Indonesia’s economic growth will remain at 4.9-5%.

“Apart from one or two rounds, our economic growth will remain in 2024 like yesterday at 4.9-5%. So, this means there is a slight slowdown from 2023 which was 5.5% yesterday,” he explained.

The results of this quick count are not the official results of the 2024 Election. The official results of the 2024 Election will be known through the recapitulation carried out by the General Election Commission from 15 February to 20 March 2024.

February 14, 2024, detikFinance

(https://finance.detik.com/berita-ekonomi-bisnis/d-7193978/prabowo-gibran-unggul-quick-count-ini-prediksi-soal-dampak-ke-ekonomi)

Indonesia Has Exported Medical Equipment Worth IDR 3.3 Trillion

Director General of the Metal, Machinery, Transportation Equipment and Electronics Industry of the Ministry of Industry, Taufiek Bawazier said that the medical equipment industry was able to contribute significant foreign exchange to the country. In 2023, exports in the medical equipment industry sector will reach US$ 209.4 million or around IDR 3.26 trillion.

“The medical equipment industry has been able to contribute quite significantly to the country’s foreign exchange through its product export performance which reached US$ 209.4 million throughout 2023,” he said in a written statement, Thursday (8/2/2024).

He added that the domestic medical equipment industry has demonstrated its capabilities in the international arena through participation in the Arab Health 2024 exhibition in Dubai. Arab Health 2024 is the second largest health sector exhibition in the world, attended by more than 3,450 exhibitors and 110,000 healthcare professionals from 180 countries.

A total of 19 local companies displayed various superior products, including high-tech ones, in the 90 square meter Indonesian Pavilion. The products on display include ventilators, electromedical devices, syringes and blood pressure measuring devices.

The Director General of ILMATE stated that currently the domestic medical equipment industry which is part of the Indonesian Medical Device Manufacturers Association has more than 200 members with a wide product range. For example, from hospital furniture to high-tech health equipment such as X-Ray.

At the Arab Health 2024 event, the Indonesian Pavilion received a visit from officials of the Dubai Health Authority (DHA), which is the health authority in the Dubai area and has the authority to oversee various international clinics and hospitals.

Special Advisor from DHA, H.E. Dr. Younis Kazim and DHA Director General, H.E. Awadh Seghayer Al Ketbi had the opportunity to discuss the capabilities of the Indonesian medical equipment industry and see firsthand the various medical equipment products displayed at the Indonesian Pavilion.

“Finally, we learned that Indonesia has been able to produce ventilators independently. This shows the rapid development of the medical equipment industry in Indonesia and could open up opportunities for cooperation in the future,” he said.

Therefore, the Indonesian government continues to encourage the domestic medical equipment industry to expand into international markets, including the United Arab Emirates. This country is an important export destination considering its strategic location as an international hub to penetrate markets from Africa to Europe. Several types of local medical equipment that can be encouraged for export are hospital furniture, which meets ISO standards and meets international requirements for quality safety and benefits.

February 8, 2024, detikFinance

(https://finance.detik.com/industri/d-7183622/top-ri-sudah-ekspor-alat-kesehatan-senilai-rp-3-3-triliun)

Indonesia Will Build a Modern Shrimp Pond in East Sumba Worth IDR 7.5 Trillion

The government will build a modern shrimp cultivation pond or model of integrated upstream and downstream cultivation (Integrated Shrimp Farming) in Palakahembi Village, Pandawai District, East Sumba Regency, East Nusa Tenggara (NTT). Construction is targeted from 2024 to 2027, with a budget of US$ 500 million or approximately IDR 7.5 trillion. The Ministry of Maritime Affairs and Fisheries (KKP) and the East Sumba Regency Government have reached an agreement. The Minister of Maritime Affairs and Fisheries, Sakti Time Trenggono, said that the construction of this pond in East Sumba was carried out to grow the economy outside Java.

“We will build an integrated shrimp cultivation model in East Sumba, NTT to grow the economy and distribute it to Eastern Indonesia, not just Java,” said Trenggono, in his statement, quoted Thursday (8/2/2024).

The central and regional governments of East Sumba have signed a cooperation agreement on borrowing and using goods belonging to the region of East Sumba Regency and a Memorandum of Agreement between the Director General of Aquaculture and the Regent of East Sumba, which was carried out at the KKP Building, Tuesday (6/2/2024) yesterday.

Trenggono said that the construction of a modern and environmentally friendly shrimp pond model would be built on unused land to become productive land, in order to increase national production and employment, as well as provide a multiplier effect for local communities.

Director General of Aquaculture, TB Haeru Rahayu explained that the construction of a modern shrimp pond model in East Sumba will start from 2024 to 2027, with a budget of US$ 500 million or approximately IDR 7.5 trillion.

“This shrimp pond modeling was built by implementing Good Aquaculture Practices from upstream to downstream in one management, where every process carried out will apply the principle of eco-efficiency and prioritize the preservation of natural resources, controlling the impact of environmental damage, and involving local communities as actors. “The main thing is economic growth,” explained TB Haeru. TB Haeru also said that through the construction of a modern shrimp pond model in East Sumba, economic value of approximately IDR 3.4 trillion per year will be distributed and will be able to absorb a local workforce of around 4,730 people for upstream to downstream needs.

Integrated Shrimp Farming Development will be divided into 3 (three) Zones, namely: a) Upstream Zone (hatchery and feed factory); b) Onfarm Zone (intake channel, main reservoir, cluster reservoir, maintenance plot, outlet channel, Cluster WWTP and vegetation); c) Downstream zone (coldstorage, ice factory, and styrofoam factory).

February 8, 2024, detikFinance

(https://finance.detik.com/berita-ekonomi-bisnis/d-7183462/pemerintah-mau-bangun-tambak-udang-modern-di-sumba-timur-senilai-rp-7-5-t)

Economic Impact of F1 Powerboat on Lake Toba, Indonesia

State-Owned Enterprise Holding (Tourism and its Supporters), PT Aviasi Wisata Indonesia (Persero) or InJourney will again present the F1Powerboat international motorboat racing event on March 2-3, 2024,on Lake Toba. The hope is that F1Powerboat 2024 will have an even greater double impact considering that last year it had an economic impact of up to IDR 1.68 trillion. F1Powerboat 2024 on Lake Toba is planned to be held in Balige, Toba Regency, North Sumatra. A total of 18 international racers from around 10 countries will take part in F1Powerboat on Lake Toba. In order to enliven F1Powerboat, InJourney will present a side event that is no less lively. This time, InJourney will present the Solu Bolon competition between North Sumatra districts and also the First Aquabike Indonesian Championship Series competition which will be attended by approximately 30 Indonesian jetski athletes. Apart from that, the side event will also present a cultural and MSME festival from February 29 to March 3, 2024.

“We are collaborating with all parties to jointly encourage the potential of Lake Toba as one of the 5 Super Priority Tourism Destinations (SPTDs) which continues to be recognized on the international stage. One of the efforts to encourage the tourism sector in Lake Toba is to make it a water sport tourism, ” said the Coordinating Minister for Maritime Affairs and Investment, Luhut Binsar Pandjaitan in a statement to InJourney, Thursday (8/2/2024).

He added that holding international scale events is a motor and catalyst for the region in carrying out promotions so that in the end it will create an extraordinary multiplier effect for the economic growth of the surrounding community.

“We are grateful that by holding two international events on Lake Toba, namely the F1Powerboat and Aquabike Jetski World Championship, the name of Lake Toba has come back to life. The extraordinary exposure has made Lake Toba included in the New York Times list of must-visit destinations,” added Luhut.

Minister of Tourism and Creative Economy, Sandiaga Uno, said that the Government had made massive investments in 5 SPTDs, so sustainable events were needed to continue to increase tourist traffic.

“The presence of the F1Powerboat event has been proven to stimulate the community’s economy and has also become a forum for MSME players to develop their businesses to become bigger. We hope that this year’s F1Powerboat can have a bigger economic impact than last year,” said Sandiaga.

Sandiaga added that in 2023 the number of foreign tourist visits to Indonesia will increase to 11.7 million. This increase is also supported by interesting and high-quality events, one of which is F1Powerboat.

The Minister of Youth and Sports, Dito Ariotedjo, expressed his pride in the enthusiasm of residents around Lake Toba at previous international events, especially the 2023 Aquabike Jetski World Championship which was able to attract up to 200,000 visitors. This shows the potential for water sports tourism in Indonesia to become a special attraction for the community.

Last year, through the Aquabike Jetski World Championship 2023, Indonesia successfully hosted the international jetski championship. This success was recognized by the Founder of H2O Racing Management, Nicolo Di San Germano, who said that Lake Toba is the best venue in the world as a jetski racing location because of the beauty, splendor and charm of Lake Toba. This year’s F1Powerboat event will also be enlivened by the first Aquabike Indonesian Championship series. In this event, 2 categories will be held, namely endurance and parallel slalom. Around 20 national racers will take part in this event. This opportunity will open up opportunities for athletes to improve their best performance in the next Aquabike World Championship on Lake Toba.

February 8, 2024, detikFinance

(https://finance.detik.com/berita-ekonomi-bisnis/d-7183147/f1powerboat-digelar-2-3-maret-2024-di-danau-toba-ini-dampaknya-ke-ekonomi)

Indonesia Cooperates Chinese Company Imported a New Electricity Circuit Train Worth IDR 6.84 Trillion

PT Kereta Commuter Indonesia (KCI) or KAI Commuter signed a new cooperation contract for the procurement of electric railroad (KRL) facilities with a company from China, CRRC Sifang Co., Ltd. Procurement is part of a series of fulfillment of Jabodetabek KRL facilities. The signing of the KRL facilities procurement contract was held on Wednesday (1/31/2024) in Beijing, China. KCI President Director, Asdo Artriviyanto, said that KCI bought three new KRL series with the KCI-SFC120-V type.

“The procurement of this new KRL facility is the fulfillment of the number of KRL facilities in accordance with the needs of the Jabodetabek Commuter Line user service in 2024 -2025 which has reached nearly 1 million users per day,” Asdo said in an official statement, Wednesday (1/31/2024).

Asdo said that the procurement of new KRL facilities was a follow -up to the series of fulfillment of the Jabodetabek KRL facility which was discussed in a coordination meeting chaired by the Coordinating Minister for Maritime Affairs and Investment Luhut Binsar Pandjaitan in June 2023. The Ministry of Industry, BPKP, PT INKA, and other stakeholders.

In fulfilling the procurement of this KRL facility, Asdo explained that the KCI had signed the cooperation in the procurement of KRL facilities, among others: 1. Procurement of 16 (sixteen) series of new KRL facilities by PT INKA with a total investment of almost IDR 3.83 trillion; 2. Procurement of 19 (nineteen) Retrofit KRL series by PT INKA with a total investment of more than IDR 2.23 trillion; 3. Procurement of 3 (three) new KRL series imports by CRRC Sifang, China with a total investment of around IDR 783 billion.

If calculated, the total cooperation is worth IDR 6.84 trillion. As for all its financing, KCI was obtained through a shareholder loan scheme from PT KAI and assistance from the government through the Participation of State Capital (PMN). KCI also expressed his gratitude for the support of the government and stakeholders for the procurement of KRL facilities including supporting funding through PMN.

“The procurement of imports of the new KRL facilities is also the last process of the series of KRL facilities by the KAI Commuter in accordance with the results of the coordination meeting led by the Coordinating Minister Marves,” Asdo added.

Asdo explained, that the procurement of KRL facilities was carried out to add user transport capacity and replacement KRL facilities to be retrofit by PT INKA. KRL facilities that have entered the rejuvenation period will continue to be replaced by the retrofit process to maintain the operational needs of the Jabodetabek Commuter Line Service with a target of 1.2 million users per day in 2025.

In 2023 yesterday, the KAI Commuter recorded a total of 290,890,677 Jabodetabek Commuter Line Commuter Line. This figure is 38% greater than the volume in 2022, which is 239,254,813 people. KAI Commuter also predicts the volume of Jabodetabek Commuter Line user user by 4% per year or an increase of 16.98 million users each year.

Previously on November 9, 2023, KCI also signed an MoU with CRRC Qingdao Sifang Co. Ltd. for mutual cooperation in the development of railroad facilities in Indonesia. Starting from the procurement of Electric Multilple Unit (EMU) facilities or a train with electricity or multiple unit diesel (DMU) or a train with a diesel. The MoU serves as a forum for technology sharing, maintenance of facilities, increasing the capacity of facilities, procurement of spare parts, and increasing railroad human resources. This memorandum of understanding is also an update from the cooperation that has been carried out in previous years.

January 31, 2024, detikFinance

(https://finance.detik.com/infrastruktur/d-7170395/kci-gandeng-perusahaan-china-impor-rangkaian-krl-baru-rp-6-84-triliun)

Finland Invest Through 15 Companies in IKN Indonesia

The Authority of the Capital City of Nusantara (IKN) in collaboration with the Ministry of Economic Affairs and Employment and Tampere City, the Republic of Finland in the development of the area in East Kalimantan. Minister of Economic Affairs and Employment Finland Wille Rydman said, there are 15 Finnish companies that are interested in investing in IKN.

“So, we have 15 leading Finland companies in our delegation, they represent various types of fields in terms of planning,” he said at the Menara Mandiri Jakarta Building, Monday (1/29).

Wille said, 15 companies from Finland that will review the IKN area are related to the field of Smart City. As is known, the construction of IKN is predicted to be a smart city in Indonesia.

“There are energy companies, there are electronic vehicle companies, there are several other companies in terms of digital connectivity, as well as 5G and 6G networks, special companies, so there are several types of branches represented,” he explained.

Wille revealed, the relationship between Finnish and a good Indonesia can create profits from each other, especially projects of projects both between the government and the private sector in the archipelago.

“We have a strong tradition for government and private partnerships so that we are committed to the archipelago project, both at the political level but also at the private level because our companies really want to be involved in this project,” he said.

According to him, Finnish knowledge in terms of smart city planning is something that is very much needed and requested in the archipelago project. There is a great opportunity for business interests that are mutually beneficial for the two countries.

“We are located quite far from each other, but the global challenges faced are shared challenges and it is very important for us to share experiences and learn from one another,” he explained.

While the Head of the Capital Authority (IKN) Bambang Susantono revealed, in developing the IKN area, Indonesia needs to study with Finland which holds a state title with the number one happiness index in the world.

“Bringing a title like that, how the methodology is, how we measure it later will be carried out academic studies and there will also be a pilot project for it, and we will do this soon,” he said at the Menara Mandiri Jakarta Building, Monday (1/29).

Bambang continued further, IKN also wanted to learn from Finland in the aspect of education. Because the country is the country with the best education in the world.

“The second is Finland is very family on education. One of The Best Education Country in the world. We also want to learn from them how we will educate educational facilities in the archipelago we will do together in the future,” he explained.

In addition, things that need to be learned are also from Finland, said Bambang, in the field of Smart City. Later, IKN development will be more dominant using digital technology elements. “How we will later apply technology for digital technology that is smart but still inclusive is important for all of us in the context of we become a city that is truly loved,” he said.

Bambang added, even so, these three things will be adjusted to the political, social, cultural culture of Indonesia itself. “The concepts are tried later to be seen in the condition in the condition of the archipelago and certainly not raw we adopt,” he concluded.

January 29, 2024, CNBC Indonesia

(https://www.cnbcindonesia.com/market/20240129132618-17-509826/ini-alasan-finlandia-boyong-15-perusahaan-buat-investasi-di-ikn)

Indonesia and Tanzania Starts Negotiations of the Preferential Trade Agreement

President Joko Widodo today received a visit from President Tanzania Samia Suluhu Hassan. The bilateral meeting was held during Samia’s visit to Indonesia. Jokowi explained that one of the results of the bilateral meeting was his agreement, negotiations of the Preferential Trade Agreement (PTA) trade agreement between Indonesia and Tanzania. The Preferential Trade Agreement negotiations between Indonesia and Tanzania, said Jokowi, will be carried out this year. The two countries will form a team to discuss in the near future.

“Regarding trade, the preferential trade agreement will be formed to increase trade between the two countries. Negotiations will begin this year,” Jokowi explained in a joint press statement with Samia, at the Presidential Palace Bogor, West Java, Thursday (1/25/2024).

Preferential Trade Agreement itself is a trade agreement between countries that agreed to reduce tariffs for certain products originating from countries that signed the agreement. This agreement makes export tariffs applied to lower-traded products. This is done so that commodities can more easily go in and out between countries.

In addition to agreeing on the discussion of Preferential Trade Agreement between Indonesia and Tanzania, Jokowi and Samia also agreed on the formation of Bilateral Investment Treaty (BIT). This agreement is believed to provide protection for investment between Indonesia and Tanzania.

“I have also conveyed the importance of the formation of bilateral investment treatment for the protection of investment cooperation between the two countries,” Jokowi said.

January 25, 2024, detikFinance

(https://finance.detik.com/berita-ekonomi-bisnis/d-7159696/ri-dan-tanzania-mulai-nego-perjanjian-dagang-tahun-ini)

Pertamina Works on Oil and Gas Fields in Malaysia

PT Pertamina (Persero) through PT Pertamina Malaysia Exploration of Production (PMEP) together with Mitra succeeded in winning the SK510 Exploration Block Auction through Malaysia Bid Round (MBR) 2023. MBR is a series of auction activities held every year by Malaysia Petroleum Management (MPM) Petronas namely Agency responsible for oil and gas resources in Malaysia. Participating Interest (PI) Holder of Participation Rights in the SK510 Block consists of Petronas Carigali SDN BHD which applies as an operator with a PI of 40%, PMEP and Inpex Malaysia E&P SK510 SDN BHD each has a 25%PI, and Petroleum Sarawak Exploration & Production SDN BHD has the remaining 10% PI.

The 1,864 km2 SK510 block located off the coast of Sarawak, Malaysia is a work area in the upstream asset management portfolio of PT Pertamina Hulu Energi (PHE) as the Subholding Upstream Pertamina. With this acquisition, there are a total of 6 blocks in the management of PMEP.

PMEP, is a subsidiary of PT Pertamina Internasional Exploration and Production (PIEP), which is affiliated with PHE, manages exploration and oil and gas production activities in the Sabah and Sarawak Malaysia regions with the type of Production Sharing Contract (PSC) contract. PMEP has PI in 3 production blocks namely SK309 (25.5%), SK311 Block (25.5%), and Block K (24%). Two exploration blocks namely SK510 (25%) and SK 314A (25.5%). Then, 1 Block of Development and Exploration- Block H (18% except the Rattan Field -24%).

Director of Strategic Planning and Business Development PHE Danar Dojoadhi, explained that Pertamina continues to strengthen the advantages possessed by taking opportunities that can support the company’s business growth by implementing the principles of environmental, social, and good governance (ESG).

“We believe that the management of the SK510 Block can strengthen Footprint PHE in Malaysia in an effort to achieve the company’s target by increasing oil and gas resource growth through exploration assets abroad,” Danar said in a written statement, Wednesday (1/24/2024).

Furthermore, Danar explained that expanding the work area through new exploration blocks, both domestic and international is very important to maintain the sustainability of fossil energy resources. PHE has also completed the acquisition of oil and gas blocks in several work areas including Mahakam & Flower Flowers in Eastern Indonesia, East Natuna in the Indonesia-Malaysia-Vietnam border area, and Masela in Maluku.

January 24, 2024, detikFinance

(https://finance.detik.com/energi/d-7157756/top-pertamina-garap-ladang-migas-di-malaysia)

Indonesia Immediately Operate the First Hydrogen Filling Station

PT PLN (Persero) through PLN Indonesia Power Subholding immediately operates the first hydrogen refueling station (HRS) charging station in Indonesia, located in Senayan, Jakarta. The progress of the HRS development has now reached 98 percent and is targeted to be completed in February 2024. This aggressive step continues the use of green hydrogen production from 21 Green Hydrogen Plants that have been operated by the company since November 2023. PLN President Director Darmawan Prasodjo said PLN together with the government continued to take strategic steps in energy transitions. One of them is through the use of green hydrogen as an environmentally friendly alternative energy to replace fuel oil. This step is also part of an effort to reduce carbon emissions in the transportation sector.

“This is proof, we walk the talk that we realize this commitment in real form. Not only the infrastructure for charging electric vehicles, but we are also ready to present the first hydrogen refueling station in Indonesia as an environmentally friendly energy option for vehicles,” Darmawan said in his statement, quoted Tuesday (1/16/2024).

This almost completed HRS is ready to serve all types of hydrogen -based vehicles from private vehicles, public vehicles, to heavy vehicles. Because in this first phase of construction, HRS Senayan has been equipped with 150 bar HRS, 300 bars and will gradually be raised up to 700 bars. PLN is also making innovations in hydrogen-based electric vehicles that will be exhibited during the inauguration of HRS Senayan. The vehicle made by PLN Nusantara Power Subholding is 150 bars based.

“The development of the green hydrogen supply chain is at the same time strengthening national energy security. That is, we switch from the majority of fuel based on imports to Green Hydrogen which is domestically produced in the country,” he added.

HRS Senayan will be more strategic because there is also a hydrogen -based electric vehicle charger that has the same function as the Public Electric Vehicle Filling Station. There was also a hydrogen center and hydrogen gallery room there was also built as a training and education center related to hydrogen in Indonesia.

PLN can currently produce 199 tons of green hydrogen. Of the total production, PLN only uses 75 tons for the operational needs of the generator, while the remaining 124 tons can be used for other needs. This amount can be used to serve 424 cell electric vehicles, so that it can save fuel imports by 1.55 million liters/year and reduce carbon emissions to 3.72 million kg CO2/year.

To run this program, PLN has collaborated with the Ministry of Energy and Mineral Resources, the National Research and Innovation Agency and Indonesia Fuel Cell and Hydrogen Energy.

“In the long journey of this energy transition, PLN cannot walk alone, the only way to keep going forward is by collaboration. Because whatever the challenges, we must fight so that the earth becomes a better place for future generations,” concluded Darmawan.

January 16, 2024, detikFinance

(https://finance.detik.com/energi/d-7145223/pln-segera-operasikan-stasiun-pengisian-hidrogen-pertama-di-ri)