Indonesia plans to offer to international investors opportunities to build 75 gigawatts (GW) of renewable power in the country in the next 15 years, its climate envoy said on the sidelines of
the COP29 summit.
The plan is a commitment by Prabowo Subianto, who took office last month as the president of Indonesia, said Hashim Djojohadikusumo, Prabowo’s brother and Indonesia’s envoy to the 2024 United Nations Climate Change Conference in Baku, Azerbaijan.
Indonesia, one the world’s biggest greenhouse gas emitters, has pledged to reach carbon neutrality by 2060, including by phasing out coal-fired power plants and replacing them with renewables.
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“There will be 100 GW of new energy that will be implemented in the new administration in the next 15 years, of which 75%, or 75 GW will be renewable energy,” Hashim said in a livestreamed speech on Monday in Baku.
The renewable projects would include solar, hydro, geothermal and nuclear power, Hashim said, without explaining plans for the
remaining 25 GW.
Indonesia’s current installed power capacity is more than 90 GW, with more than half of that powered by coal and less than 15% by renewables. It currently has no nuclear capacity, a controversial topic in a country prone to earthquakes.
Indonesia’s state-power utility Perusahaan Listrik Negara is designing a new green transmission line spanning 70,000 km (43,500 miles), its chief executive Darmawan Prasodjo said from Baku, according to a company statement.
Source: Reuters
