"In the long run, there are opportunities for the development of solar and geothermal power facilities," advisor to the Minister of Energy and Mineral Resources (ESDM), Ego Syahrial, noted in a statement received here on Thursday.
Syahrial made the statement at the Just Energy Transition Conference, themed "Pathways to a Prosperous Indonesia - Powered by Renewable Energy," held by the European Union Delegation (EUD) to Indonesia on October 24-25 in Jakarta.
The conference brought together various stakeholders in the energy sector, ranging from the government, international organizations, the private sector, and civil society.
Syahrial noted that Indonesia also seeks to accelerate energy transition by developing hydropower, nuclear, and green hydrogen facilities along with the total phase-out of coal-fired power plants by 2058.
Deputy for Maritime Affairs and Natural Resources of the National Development Planning Ministry (Bappenas), Vivi Yulaswati, stated that a green economy and net zero policies are important in realizing Indonesia's long-term development plan.
"Green financing, such as carbon tax and carbon pricing, will be the main instruments in the implementation (of net zero programs)," she remarked.
Director General of New, Renewable Energy and Energy Conservation of the ESDM Ministry, Yudho Dwinanda Priaadi, stated that Indonesia seeks to optimize coverage of renewable energy through the super grid project.
The super grid development aims to integrate the electricity grid throughout the islands in Indonesia.
He remarked that Indonesia is also able to supply electricity to remote islands by converting diesel power plants to environmentally friendly hybrid batteries.
EU Ambassador to Indonesia, Denis Chaibi, revealed that the European team has confirmed a €2.4 billion-worth commitment for the Just Energy Transition Partnership in Indonesia.
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Translator: Ahmad F, Kenzu
Editor: Azis Kurmala
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