Solar energy developer PT Surya Utama Nuansa (SUN Energy) has established partnership with PT Bank SMBC Indonesia (SMBC Indonesia) through the provision of a US$10 million Multi Option Trade Facility for the procurement of raw materials and expansion of solar energy projects in the commercial and industrial (C&I) sector. […]
PT Pertamina Geothermal Energy (PGE), a subsidiary of State energy company PT Pertamina has embarked on the exploration of several locations to discover new clean energy toward Net Zero Emission (NZE) 2060 target. […]
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. […]
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). […]
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 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. […]
Inter-island electricity connections through transmission are urgently needed to supply energy, with the government striving to maximize the potential of solar power to hydro power. As of now, Indonesia needs US$20 billion (Rp321 trillion) to build a transmission line connecting the islands. […]
PT Kilang Pertamian Internasional (KPI) is collaborating with PT Gapura Mas Lestari (GML), a used cooking oil exporting company, to meet the raw material needs in the production of bioavtur or sustainable aviation fuel (SAF). […]
Mining giant Vale is conducting job cuts across its global operations in response to the ongoing decline in nickel prices. While the company has not disclosed the number of employees affected in Sudbury, Ontario, it confirmed the layoffs will primarily target “non-operating roles.” […]
SUN Energy, a renewable energy developer in Indonesia, says it is optimistic with renewable energy development in Indonesia, with great potential to expand the domestic market although the country is lagging behind Vietnam and Thailand in initiatives. […]
As Draft Government Regulation on National Energy Policy and Draft Law on New and Renewable Energy are being deliberated in the House of Representatives (DPR), the National Research and Innovation Agency (BRIN) has completed site studies for the construction of a nuclear power plant (PLTN) to National Energy Council (DEN). […]
The Institute for Essential Services Reform (IESR) is optimistic that President Prabowo Subianto administration’s target of completely shutting down all coal-fired power plants (PLTU) by 2040 is attainable. […]
State power utility PT PLN has announced that its floating solar power plant (PLTS) in collaboration with HK based GD Power at the Karangkates Reservoir in East Java will commence operations by 2026. […]
The Ministry of Energy and Mineral Resources (ESDM) has confirmed that the draft National Electricity General Plan (RUKN) for 2024–2060 is aligned with the government’s ambitious economic growth target of 8 percent. […]
Ministry of Energy and Mineral Resources (ESDM) is designing a new business model to optimize the country’s national energy reserves, which currently only last for around 20 days. […]
Indonesia is making significant strides toward developing nuclear power as part of its long-term energy strategy, with regulatory studies and preparations for Nuclear Power Plants (PLTN) establishment underway. […]
The Upstream Oil and Gas Regulatory Task Force (SKK Migas) renews calls for oil and gas contractors to innovate and utilize the latest technology in an effort to meet the government’s target of increased national oil&gas production and lifting. […]
PT PLN Indonesia Power, in collaboration with Saudi investors, is set to develop a Floating Solar Power Plant (PLTS) in Lake Singkarak, Tanah Datar regency, West Sumatra, with an investment of Rp50 trillion (US$3.15 billion). […]
The Purnomo Yusgiantoro Center (PYC), an energy think tank, has emphasized that the development of bioethanol is not only a solution for energy security, but also offers significant opportunities for agricultural innovation. […]
The 8-percent economic growth target set by the Prabowo Subianto government in 2026 must be supported by strong energy security, with sea transportation playing a key role, an observer says. […]
The Institute for Essential Services Reform (IESR) has expressed concerns over the 2021-2030 Electricity Supply Business Plan (RUPTL), which is being touted as a “green” plan, stating that it has not made significant progress toward meeting its renewable energy targets. […]
President Prabowo Subianto hosted members of the Japan Indonesia Association (Japinda) at the Merdeka Palace on Thursday, December 5, 2024, to discuss strategic infrastructure projects, including the Abadi Gas Project in Masela Block and the giant sea wall initiative. […]
Exploration and production (E&P) company PT Prima Energi Bawean’s Camar Field off the East Java Sea has managed to carry out first lifting of crude oil after resuming operations in February this year following a three-year hiatus due to the Covid 19 pandemic. […]
The government has signed the first New Gross Split scheme in the Central Andaman Oil and Gas Working Area (WK Migas) Contract with two foreign energy companies, making it the first WK Migas in Indonesia to use this scheme. […]
The Ministry of Energy and Mineral Resources (ESDM) has announced the auction of six oil and gas working areas (WK Migas) under phase II of 2024, five of which are offered through direct bidding and the one remaining via regular auction. […]
State-owned mining holding company, MIND ID, seeks support from the Energy Commission XII of the House of Representatives (DPR) to limit the construction of new smelters in Indonesia over concerns of oversupply of mining products in the global market. […]
State energy company PT Pertamina claims that the Balikpapan Refinery Development Master Plan (RDMP) project will bring out the most modern refinery in Indonesia which is targeted for completion in 2025. […]
An economist with the Institute for Development of Economics and Finance (INDEF) says energy resilience is one of the main priorities of the new Indonesian government in anticipation of global geopolitical dynamics and domestic challenges. […]
US oil and gas giant ExxonMobil has conveyed a major investment commitment of US$15 billion in the Carbon Capture and Storage/Carbon Storage, Utilization and Storage (CCS/CCUS) development project in Indonesia. […]
Minister of Energy and Mineral Resources (ESDM), Bahlil Lahadalia, has revealed that Indonesia will build a US$1.2 billion (Rp19.02 trillion) biodiesel raw material factory in Bojonegoro, East Java with a capacity of up to 800,000 tons of methanol per year to reduce imports and support the government’s energy self-sufficiency target. […]
