#Energy
Pertamina NRE allocates US$10 billion for green ammonia project in North Sulawesi
PT Pertamina Power & New Renewable Energy (NRE) has allocated a staggering US$10 billion to fund an extensive feasibility study focused on green ammonia production.
SKK Migas identifies promising gas resources in Bali’s northern waters
The Upstream Oil and Gas Business Regulatory Task Force (SKK Migas) identifies significant gas potential in the northern waters of Bali Island.
Indonesia to reveal energy transition plan in November, prior to the COP 28 summit
Indonesia is set to reveal its US$20 billion energy transition investment plan in the coming month, ahead of the UN COP28 climate summit.
Tesla's move to Malaysia shook Indonesia's goal to create comprehensive electric vehicle supply chain ecosystem
Tesla's choice to establish its electric vehicle (EV) car manufacturing operations in Malaysia dealt a significant blow to Indonesia's aspirations of attracting investments to create a comprehensive EV supply chain ecosystem.
Pertamina Geothermal Energy meet with Turkish power company Energy Holding and SDS Enerji, discusses expansion plan
The CEO of PT Pertamina Geothermal Energy (PGE) Tbk, Julfi Hadi, along with a team led by the Indonesian Ambassador to Turkey, Achmad Rizal Purnama, monitored a collaboration for the development of geothermal energy in Turkey.
PLN signs financial support MoU with China Development Bank to accelerate energy transition
Indonesian state-owned electricity company PT PLN (Persero) signed a memorandum of understanding (MoU) with the China Development Bank (CDB) to expedite the energy transition. Under this agreement, CDB reaffirms its commitment to provide financial support for PLN's energy transition initiatives in Indonesia.
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.
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.
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).
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).
Indonesian carbon trading success crucial for global decarbonization, according to OJK
The Indonesian government, through the Financial Services Authority (OJK), has announced that carbon trading through a carbon exchange will commence on September 26, 2023.
PLN introduce digital platform to support carbon trading and monitor decarbonization efforts
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.