#Energy
Indonesia and the UNDP partners to draft blueprint on reducing carbon emissions in the tourism sector
Minister of Tourism and Creative Economy Sandiaga Uno announced that Indonesia has initiated a partnership with the United Nations Development Programme (UNDP) as part of the Climate Promise Project to promulgate a blueprint or strategy for reducing carbon emissions in the tourism sector.
PLN pioneers green hydrogen production in Indonesia aiming for game changing energy transition
In a groundbreaking achievement, Indonesia's state-owned electricity company, PLN (Perusahaan Listrik Negara), has inaugurated the country's first Green Hydrogen Plant (GHP). Located at the Muara Karang Gas Power Plant (PLTGU) in Jakarta, the GHP has the capacity to produce 51 tons of green hydrogen annually.
Pertamina NRE, PLN, Dutch Solar and Tidal Bridge BV signed MoU for solar and tidal power plant
The Indonesian government through Pertamina NRE and PLN has extended an invitation to the Netherlands with Dutch Solar and Tidal Bridge BV to collaborate on a range of clean energy projects, spanning from solar to ocean wave energy.
BREN's IPO oversubscribe 135 times raising IDR 3.13 trillion for renewable energy advancement
PT Barito Renewable Energy (BREN) witnessed an overwhelming response from its IPO, with demand exceeding the minimum pooling requirement by more than 135 times. BREN successfully secured funds amounting to IDR 3.13 trillion.
President Jokowi injects IDR 3.3 trillion to Pertamina as additional capital
President Jokowi has decided to allocate IDR 3.3 trillion to PT Pertamina (Persero) as additional capital. This injection of additional capital is stipulated in Government Regulation No. 48 of 2023 concerning the augmentation of the Republic of Indonesia's State Equity Participation in PT Pertamina's Share Capital (GR 48/2023).
PTPN V partners with Aiken Kakoki from Japan for groundbreaking of biogas power plant
PT Perkebunan Nusantara V (PTPN V), a subsidiary of Holding PTPN III, has embarked on a groundbreaking collaboration with the Japanese technology company Aiken Kakoki. Together, they are set to construct a cutting-edge biogas power plant known as PTBg co-firing in the Riau Province of Indonesia.
Carbon market sees no transaction since first day of inception
One week since its inception on Tuesday, September 26, 2023, the carbon market is yet to see any changes in the value of carbon trading.
PGE and Chevron sign agreement to manage and operate Way Ratai geothermal work area
The Chevron New Energies Consortium, represented by PT Jasa Daya Chevron (Chevron) and PT Pertamina Geothermal Energy Tbk, has signed multiple agreements that will serve as the foundation for the establishment of a new local business entity and the allocation of exploration commitment funds into a shared account.
Eni discovers giant gas reserves in North Ganal, East Kalimantan
Italian oil and gas company Eni has successfully discovered gas reserves in the North Ganal Working Area in East Kalimantan, Indonesia, with an initial estimated gas in place of 5 trillion cubic feet (Tcf).
Corruption Eradication Commission named former Pertamina CEO Karen Agustiawan as suspect in corruption case
The Corruption Eradication Commission (KPK) has officially named the former CEO of PT Pertamina (Persero), Karen Agustiawan, as a suspect in a corruption case related to the procurement of liquefied natural gas (LNG).
Indonesian consortium to distribute eco-friendly biomethane via PGN's gas pipeline network
An Indonesian consortium led by Harry Budi Sidharta, PT Pertamina Gas Negara Tbk (PGN)'s Director of Strategy and Business Development, is set to utilize the natural gas pipeline network of PGN to distribute biomethane derived from Palm Oil Mill Effluent (POME) in South Sumatra.
Plan to label coal power plants as 'green' criticized by experts
Indonesia's move to categorize coal-fired power plants industries as sustainable energy sources has drawn criticism from energy and finance experts at the Institute for Energy Economics and Financial Analysis (IEEFA).