Friday, October 18, 2024

PLN introduce digital platform to support carbon trading and monitor decarbonization efforts

Reading Time: 2 minutes
Imanuddin Razak

Journalist

Editor

Interview

The State-Owned Electricity Company PLN has introduced the PLN Climate Click platform as a supporting tool for carbon trading among power generators in Indonesia. Through PLN Climate Click, the progress and decarbonization efforts undertaken by PLN can be regularly monitored.

PLN’s CEO, Darmawan Prasodjo, stated that the PLN Climate Click platform has been effectively operational since September 8, 2023, and is expected to serve as a platform for the public to directly monitor the decarbonization processes at PLN.

Darmawan mentioned that carbon trading has becoming a global trend, and Indonesia is also initiating this as an effort to reduce and control carbon emissions that can be directly monitored.

“The launch of the PLN Climate Click application is a manifestation of PLN’s commitment to support the government’s program to achieve the Nationally Determined Contribution [NDC] by 2030 and achieve Net Zero Emissions [NZE] by 2060,” said Darmawan in an official statement on Friday, September 15, 2023.

Furthermore, he explained that the PLN Climate Click platform represents the utilization of technology as a tool to adapt to climate change and reduce its negative impacts.

“By using digital technology to collect and analyze data, we hope to make better, more accurate, faster, and more effective decisions and actions,” he said.

Supporting carbon trading

Meanwhile, Evy Haryadi, Director of Transmission and System Planning at PLN, explained that the application also provides data on greenhouse gas emissions inventory scope 1 (direct emissions), scope 2, and 3 (indirect emissions).

In implementing carbon trading, Evy emphasized that PLN adheres to the Carbon Economic Value (Nilai Ekonomis Karbon – NEK) implementation regulations. Currently, PLN has at least five corporate entities involved in NEK implementation as part of its business development.

These five entities are PT PLN Indonesia Power (IP) and PT PLN Nusantara Power (NP) as carbon trading participants, PT PLN ICON Plus as the provider and developer of the carbon trading platform, PT Energy Management Indonesia (EMI) as the carbon trading management office, and PLN Pusertif as the validation and verification institution.

Evy stated that PLN will continue to support carbon trading, both through direct trading and carbon markets, following government regulations. “It is hoped that carbon trading, as a decarbonization enabler program, can support PLN’s efforts to achieve the 2030 NDC and 2060 NZE,” she said.

Imanuddin Razak

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

The Association of Oil and Gas Companies (ASPERMIGAS) has proposed the formation of an agency under the Coordinating Ministry for Political, Legal, and Security Affairs to handle the problem of rampant illegal drilling in a number of Indonesian regions for decades.
As the world is anticipating the potential of 85 million jobs lost by 2025 amidst aggressive invasion of Artificial Intelligence (AI) and technological advances, global workforce, in particular Indonesian workers, need not to stand still, but positively respond to this unavoidable global phenomenon.
A subsidiary of state owned energy Pertamina, Pertamina New & Renewable Energy (Pertamina NRE) has set up a cooperation with PT Pertamina International Shipping (PIS), Pertamina’s Integrated Marine and Logistics Sub Holding, to develop a transportation business, particularly related to the transportation of green hydrogen and other sustainable fuels.
PT Rukun Raharja (RAJA) is broadening its presence in downstream oil and gas sector by offering a Booster Compression Plant (BCP) rental service to support the development of Kampung Baru in the Sengkang Block, Wajo regency, South Sulawesi.
The Indonesian government, the European Union, and the International Organization for Migration (IOM) have launched Risk Index for Climate Displacement (RICD), a data tool designed to provide operational foresight to anticipate, reduce, and respond to climate-induced displacement.
The government is optimistic that the eight-percent economic growth target set by President-elect Prabowo Subianto is achievable in view of the scenario of the National Long-Term Development Plan (RJPN) Golden Indonesia 2045.