Thursday, February 6, 2025

Indonesia’s CCS program could create 170,000 jobs annually, boost economic growth

Reading Time: < 1 minute
Julian Isaac

Journalist

Editor

Interview

A senior researcher says that the implementation of CCS in Indonesia can increase economic growth and absorb up to 170 thousand workers per year.

“The CCS program can create around 170 thousand jobs per year,” Belladona Troxylon Maulianda, Executive Director of the Indonesia Carbon Capture Storage Center (ICCSC), told Journalism Workshop “Understanding Carbon Capture And Storage (CCS)” organized by Indonesia Business Post in Bogor, West Java, on Saturday, January 18, 2025.

Belladona said the absorption of labor came from several industries related to the implementation of CCS. In other words, the benefits are not only in the company implementing CCS.

She said Indonesia has the potential to become a CCS hub in Southeast Asia as the country has the potential for carbon storage of up to 600 gigatons and has a fairly strategic location.

Currently there are 15 CCS projects being developed in Indonesia with a total investment of around US$28 billion (Rp457 billion).

“These projects cover various sectors such as refineries, petrochemicals, and fossil fuel power plants. Several key projects, including cross-border cooperation with Singapore, demonstrate Indonesia’s commitment to accelerating the energy transition,” she said.

However, Belladona cited there are several challenges in developing CCS technology in Indonesia, such as the need for further investment, carbon transportation infrastructure, and increasing public awareness.

She hopes that the mass media can play an important role in disseminating information about the importance of CCS as part of a sustainable energy transition.

“With a combination of technological innovation, cross-sector collaboration, and strong regulations, Indonesia is committed to leading decarbonization efforts in the Southeast Asia region,” she said.

Julian Isaac

Journalist

 

Editor

 

Interview

SUBSCRIBE NOW
We will provide you with an invoice for your reimbursable expenses.

Free

New to Indonesian market? Read our free articles before subscribing to the premium plan. If you already run your business in Indonesia, make sure to subscribe to the premium subscription so you won’t miss any intelligence & business opportunities.

Premium

$550 USD/Year

or

$45 USD/Month

Cancelation: you can cancel your subscription at any time, by sending us an email inquiry@ibp-media.com

Add keywords to your market watch and receive notification:
Schedule a free consultation with us:

We’ll contact you for confirmation.

FURTHER READING

RoClean Indonesia, a joint venture between DESMI RoClean A/S of Denmark and PT Meredian Khatulistiwa of Indonesia, joins the oil spill response equipment production in Indonesia.
Former Indonesian Central Bank (BI), Burhanuddin Abdullah, perceives that the Daya Anagata Nusantara (BPI Danantara) is the answer to the problem of low investment in the country.
GAPKI says that Indonesia needs to have extended oil palm plantations to meet the needs of the mandatory program of mixing fuel oil (BBM) and biofuel (BBN) by 50 percent or B50 up to B100.
A poll by KedaiKopi reveals that as many as 72.5 percent of the people surveyed were satisfied with the performance of the 100 days of the government of President Prabowo.
Albeit the U.S. left the Paris Agreement, under these circumstances, Indonesia is still committed to taking steps to address climate issues under President Prabowo Subianto, a senior government official says.
Attorney General Sanitiar Burhanuddin says that the country has difficulty in implementing death penalty on foreign drug convicts due to obstacles in diplomatic relations.