#Energy Security
PLN, EU & KfW back Indonesia's clean energy with Sumatra & Java pumped storage
State power utility PT PLN is accelerating Indonesia’s clean energy transition through cooperation agreement with the European Union, Germany’s KfW Development Bank, and infrastructure development PT Sarana Multi Infrastruktur (SMI) to develop large-scale renewable pumped storage hydropower projects in North Sumatra and East Java.
TBS Energi Utama allocates US$600 M to speed up transition away from coal by 2030
PT TBS Energi Utama (TOBA) has allocated around US$600 million (Rp10.05 trillion) in capital expenditure until 2030 to fund a portfolio of renewable-energy and green-business projects.
Shell to reenter Indonesia’s upstream oil & gas sector through joint study with Kufpec
Shell plc is set to return to Indonesia’s upstream oil and gas sector through a joint study with Kuwait Foreign Petroleum Exploration Company (Kufpec), signaling renewed interest from major global energy firms in the country’s exploration potential.
Indonesia to begin construction of Bukit Asam’s DME production plant next year
Energy and Mineral Resources (ESDM) Minister Bahlil Lahadalia has announced that the construction of PT Bukit Asam’s (PTBA) dimethyl ether (DME) production facility could begin next year, pending a final decision expected next month.
Pertamina expected to take over Tuna oil&gas block after Harbour Energy’s exit
Head of the Upstream Oil and Gas Regulatory Task Force (SKK Migas), Djoko Siswanto, has expressed hope that State energy company Pertamina will take over the Tuna oil and gas block following the withdrawal of Harbour Energy.
Bahlil inaugurates two mini-hydro power plants in Eastern Indonesia
Minister of Energy and Mineral Resources (ESDM) Bahlil Lahadalia has inaugurated the operation of two mini-hydro power plants (PLTMH) in eastern Indonesia − the Wairara PLTMH in East Sumba, East Nusa Tengara with a capacity of 128 kilowatts (kW) and the Anggi PLTMH in Arfak Mountains, West Papua with 150 kW of capacity.
Indonesia considers nuclear power as key pillar for Net Zero Emissions by 2060
The Ministry of Energy and Mineral Resources (ESDM) is considering nuclear power as a strategic component in the country’s transition to Net Zero Emissions (NZE) by 2060, with nuclear energy being viewed as a critical solution to ensure reliable national electricity supply while supporting decarbonization of the power sector.
Finance Minister criticizes Pertamina over refinery delays as energy subsidies soar
Minister of Finance, Purbaya Yudhi Sadewa, has voiced concern over the country’s ballooning energy subsidies, placing part of the blame on state-owned energy giant Pertamina for failing to build new oil refineries.
Danantara-PLN launch waste-to-energy project to tackle Indonesia’s trash crisis
PT Danantara Investment Management has partnered with State power utility PT PLN to develop a waste-to-energy (WtE) project, converting household waste into renewable electricity through incinerator technology, with PLN going to serve as the primary buyer of the electricity generated from the facilities.
Merauke strategic project condemned for threatening environment, livelihood
The government’s decision to expedite the development of the National Strategic Project (PSN) in Merauke, South Papua has drawn criticism in the absence of proper consultation with local communities and therefore has the potential to damage the environment and threaten their livelihood.
ESDM ministry set to complete feasibility studies for downstream projects by end of 2025
Secretary General of the Ministry of Energy and Mineral Resources (ESDM), Ahmad Erani Yustika, has assured that the feasibility studies (FS) for ongoing downstream projects will be completed by the end of this year.
Indonesia sees US$200 B investment opportunity in renewable energy transition
Indonesia’s renewable energy push is opening vast investment opportunities, with funding needs estimated at nearly US$200 billion (Rp3,300 trillion), according to Stefanus Ade Hadiwidjaja, Managing Director of Investment Holding at State investment management agency BPI Danantara.