Jakarta (ANTARA) - Indonesia's state-owned energy company Pertamina has set several initiatives to accelerate energy transition to the target energy mix and emission reduction in ensuring sustainability.

"Pertamina is fully committed to ensuring that we manage sustainability issues properly that aligned with the international standard," Pertamina's Senior Vice President of Investment Management Daniel Purba stated during a virtual media briefing of the Pertamina-Dubai Expo on Friday.

Purba noted that in responding to the global movement that occurs related to climate change, Pertamina has set several targets to address environmental problems, including reducing emissions by 30 percent in 2030 to address the impacts of climate change, reducing environmental footprint by complying with water and waste management practices, and protecting biodiversity by providing a net positive impact on biodiversity as well as other sustainable targets.

Pertamina's strategies to drive green energy is executed through priority initiatives, including developing a net zero roadmap, conducting decarbonization, and improving the new and renewable energy capacity, he explained.

Purba remarked that in supporting energy transition, Pertamina allocates CAPEX of 14 percent for clean, new and renewable energy. Pertamina's commitment aligns with efforts to use domestic resources to supply domestic energy for green development and decarbonization.

Moreover, to drive new and renewable energy growth in Indonesia's energy mix, Pertamina has also developed several projects and activities to expand the green energy portfolio, one of which is by enhancing capacity, from 672 megawatts (MW) in 2020 to 1,128 MW in 2026.

In its efforts to reduce emissions, Pertamina has also lowered emissions by 27 percent during the 2010-2020 period to support Indonesia's Nationally Determined Contribution (NDC). The target increases to 29 percent by 2030.

In the meantime, President Director of Pertamina Geothermal Energy (PGE) Ahmad Yuniarto also highlighted Pertamina's commitment to developing and generating clean and green power from geothermal resources to drive green energy expansion.

He noted that under Indonesia's efforts to push energy transition and decarbonization, Pertamina Geothermal Energy (PGE) is in a good position to contribute further to emission reduction and decarbonization.

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Yuniarto stated that PGE had managed 14 Geothermal Working Areas, with a total installed capacity of 1.877 MW, from Aceh, along Sumatra Island, Java, Bali, and North Sulawesi.

"If you follow the ring of fire, you will find us," he remarked.

In creating further values for geothermal resources in Indonesia, Yuniarto remarked that PGE had set three approaches: the co-generation approach that encompassed steam and hot brine production to generate green electricity, co-production approach that studies how they can utilize CO2, extract rare earth elements, such as lithium, and produce green hydrogen, as well as the co-development approach that looks into development of the geothermal area to be a geothermal ecotourism destination.

"We believe that through these three approaches of co-generation, co-production, and co-development, we are in a very good position to create more value of geothermal resources that we have," he affirmed.

Related news: Pertamina to expand geothermal capacity to reduce more emissions

Reporter: Katriana
Editor: Rahmad Nasution
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