#Energy
Indonesia-Japan committed to energy transition, EV investments
Coordinating Minister for the Economy, Airlangga Hartarto, met with Daisuke Arakawa, a senior executive at Nikkei Inc, in Tokyo on Friday, outlining the Indonesian government’s commitment to Coordinating Minister for the Economy, Airlangga Hartarto, met with Daisuke Arakawa, a senior executive at Nikkei Inc, in Tokyo on Friday, outlining the Indonesian government’s commitment to energy transition through collaboration with Japan. One key area of cooperation is investment in electric vehicles (EVs).energy transition through collaboration with Japan. One key area of cooperation is investment in electric vehicles (EVs).
AC Ventures: Solar energy is still at a very early stage in SE Asia
JAKARTA, May 27, 2024 − Fossil fuels continue to dominate Southeast Asia’s energy sector, controlling around 83 percent of the region’s energy mix and largely overshadowing the 14.2 percent contribution from renewables. Among these, solar energy remains underutilized. While Vietnam has made significant strides, achieving an impressive 20.5 percent share of its power from solar, Indonesia still lags substantially, with less than 1 percent.
Pertamina NRE-Masdar sign renewable energy cooperation in Indonesia, abroad
Pertamina NRE and Masdar signed a memorandum of understanding on the development of solar and wind power plants in Indonesia and other countries with potential, on Tuesday, May 21, 2024.
PLN completes construction of 2x55 MW Jatigede Hydroelectric power Plant
State electricity company PT PLN has completed the construction of the 2 X 55 MegaWatt (MW) Jatigede Hydroelectric Power Plant (PLTA) in Sumedang Regency, West Java.
Indonesia identifies major oil reserves in three key basins
The Upstream Oil and Gas Regulatory Task Force (SKK Migas) has revealed significant untapped oil and gas resources in three critical basins in Indonesia, collectively holding potential resources amounting to tens of billions of barrels of oil equivalent (mboepd), both from already discovered sources and those awaiting exploration.
Pertamina-ExxonMobil join hands to develop CCS technology hub in offshore SE Sumatra
PT Pertamina Hulu Energi (PHE), a subsidiary of State and oil gas company Pertamina, and ExxonMobil are set to establish a technology hub for carbon capture storage/carbon capture utilization storage (CCS/CCUS) in the Offshore Southeast Sumatra (OSES) working area.
Government signs Ketapang, Bobara US$96.92 million exploration contract
The government continues to encourage exploration and exploitation of oil and gas resources to fulfil national energy needs and support economic growth in various sectors.
Indonesia explores oil and gas basin for production increase
Minister of Emergy and Mineral Resources, Arifin Tasrif, says Indonesia is currently focusing its efforts on exploring oil and gas basins in an attempt to increase their production amid declining production of the two energy sources.
Oil and gas to continue to play pivotal role In Indonesia energy transition: Minister
Minister of Energy and Mineral Resources (ESDM), Arifin Tasrif says oil and gas will continue to play a pivotal role in securing Indonesia energy supply, particularly in transportation and power sectors, despite the present worldwide trend of adopting cleaner and renewable energy sources amid the transition towards Net Zero Emission by 2060.
ENI spin off of promising oil and gas ventures Indonesia and Ivory Coast
Italian energy behemoth Eni is embarking on a spin-off strategy for its potential oil and gas (O&G) projects, aiming to bolster these endeavors while sharpening its focus on low-carbon business ventures.
Jejakin secures new funding to accelerate climate actions with technology
Jejakin, an Indonesian-based climate tech provider focusing on carbon management platform, has secured new funding of US$2.7 million to finance major areas of R&D, technological improvement, and market growth.
IEEFA: Cut on PLTU dependence to end PLN’s, Indonesia's financial burden
State electricity company PT PLN can solve its financial problems by accelerating the development of solar and wind energy. Increased solar and wind energy capacity, as well as less coal, will cut PLN's cost of generation, which in turn will lower the country's electricity subsidy burden.