Coordinating Minister for Maritime Affairs and Investment Luhut Pandjaitan has reaffirmed Indonesia’s commitment to accelerating the energy transition in order to achieve the net-zero emissions target by 2060. Speaking at the BNEF Summit in Nusa Dua, Bali on Saturday, Luhut noted that the target was very likely to be achieved considering Indonesia’s new and renewable energy potential of 437 gigawatts (GW). The government, he continued, was ready to develop the national clean energy potential through state-owned electricity company PT PLN (Persero).
“Mr. Darmawan (PLN President Director) mentioned and reminded me that until 2060, the potential for renewable energy investment is around US$700 billion. This is a big cake, and that’s why I am very confident that Indonesia can accelerate the energy transition as there is so much potential that we can do in this country if we manage it well. You can see that Indonesia is committed to net-zero emissions by 2060 or faster. And again, I believe we can make it happen faster through technology and teamwork, and we are learning,” he said.
With Indonesia’s sizable potential for new and renewable energy, Luhut said this could serve as an opportunity for cooperation among countries around the world to jointly reduce carbon emissions. PLN President Director Darmawan Prasodjo noted that Indonesia’s energy transition must be carried out to guarantee the future of the nation’s children, as it is a value held by PLN in its commitment to the energy transition.
“PLN is fully committed to net-zero emissions. In the past, our main business was providing electricity to customers, but in the future PLN’s main task is to maintain a good environment, with electricity being one of the company’s business products,” Darmawan concluded.
November 15, 2022, The Jakarta Post
(https://www.thejakartapost.com/adv/2022/11/13/indonesia-ready-for-us700-billion-renewable-energy-investment.html.)