Energy and Resources
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PT PGN LNG Indonesia joins North Papua gasification development project
PT PGN LNG Indonesia, as part of Pertamina's Gas Subholding, has joined the development of a gasification project in North Papua, intended to strengthen the gas supply chain through the development of LNG infrastructure for power plants in the region.
Govt asked to accelerate LPG conversion in East Nusa Tenggara
The government must accelerate the process of converting kerosene to 3 kg Liquefied Petroleum Gas (LPG) for people in East Nusa Tenggara (NTT) province, in particular West Flores regency, for the sake of sustainable livelihood of the people and the government’s green energy target, an energy observer says.
Rosan meets giant Chinese firms for EV ecosystem investment acceleration
Minister of Investment and Downstreaming/Head of the Investment Coordinating Board (BKPM) Rosan Perkasa Roeslani met with a number of giant Chinese companies within the electric vehicle (EV) ecosystem production chain during his visit to China on December 16-17, 2024.
Government raises CPO export levy to 10 percent for biodiesel subsidies
The government will raise the export levy on crude palm oil (CPO) from 7.5 percent to 10 percent, aimed at supporting the financing for biodiesel subsidies, which will increase with the launch of the 40 percent biodiesel blend (B40) program starting January 1, 2025.
ASRI partners with Vietnam's Xanh SM to launch electric taxi services in Indonesia
PT Agung Sedayu Retail Indonesia (ASRI), a subsidiary of Agung Sedayu Group, has partnered with Xanh SM, a leading electric taxi service provider from Vietnam, to promote eco-friendly mobility solutions in Indonesia.
SCG works on strategic projects for inclusive sustainable green economy in Indonesia
Thai conglomerate Siam Cement Group (SCG) has unveiled strategic collaborative projects aimed at fostering an inclusive and sustainable green economy in Indonesia.
Massive investment sought to meet 72 percent renewable energy mix target
Ministry of Energy and Mineral Resources (ESDM) is targeting a 72 percent new and renewable energy (EBT) mix by 2060 in line with the previously set National Electricity General Plan (RUKN).
HGII expects to raise Rp299 billion for hydroelectric projects business expansion
Renewable energy company PT Hero Global Investment (HGII) will hold an initial public offering (IPO), with 1.3 billion shares on offer targeting fresh funds of Rp299 billion (US$18.5 million).
Renewable energy development hampered by regulation and infrastructure: House
The government has set an ambitious target to develop new and renewable energy (EBT) capacity of 103 Gigawatts in the next 15 years despite the realization of this target is hampered by the absence of regulations and supporting ecosystems.
Indonesia’s B40 Biodiesel mandate to be implemented gradually
Indonesia’s plan to increase the palm oil blend in biodiesel to 40 percent (B40) starting January 1, 2025 appears to be implemented gradually after industry players voiced the need for a transition period despite the government’s readiness for the policy rollout.
Indonesia targets US$20 billion for inter-island electricity transmission
Inter-island electricity connections through transmission are urgently needed to supply energy, with the government striving to maximize the potential of new renewable energy of solar power to hydro power.
Slow renewable energy project negotiations potentially hinder 75 GW target
The Institute for Energy Economics and Financial Analysis (IEEFA) has found that most renewable energy projects have not yet reached the power purchase agreement (PPPA) stage, despite being auctioned two years ago.