By Admin88 
Source: Snowball App, Author: hawkinsight, (
Indonesia claims that it has been prepared to implement a $ 20 billion renewable energy financing plan supported by G7 (Seven Kingdoms) and other financial institutions, but investors must change the "everything as the old" mentality to reduce coal -fired power generationKey items provide funds.
It is reported that more than 400 electricity projects have determined to support Indonesia’s "Justice Energy Transformation Partnership (Jetp)".Under this mechanism, developed countries have promised to mobilize funds to help the development of Indian families accelerate the transformation of clean energy and achieve net zero emission targets.
The policy was finally determined at the end of November this year that Indonesia was waiting for the promised relevant funding support.It is understood that Indonesia is the biggest reinforcement country of the JETP program, and Vietnam and South Africa followed.
"We always maintain an open attitude towards business activities. Whether it is commercial capital, preferential capital or gifts, said", Indonesia’s financing has more favorable conditions than commercial financing. "
At the COP28 conference, Kaimuddin added: "It is a top priority to build a power transmission system."New Delhi Investment
It is understood that Indonesia is one of the world’s largest coal exporters, and about 60%of electricity comes from fossil fuel.The financing plan requires Indonesia to increase the proportion of renewable energy from the current 13%to 44%by grid -connected power generation.
As the largest economy in Southeast Asia, Indonesia’s transmission line usually connects the scheduled coal -tone and natural gas power plants (facilities that can quickly adjust the power generation) with the nearby power demand source.
Today, Indonesia will have to use renewable energy facilities such as land heating and hydropower to replace these fossil fuel power plants.These energy sources are necessary spares for solar energy and wind energyNagpur Investment. However, the power generation is more limited, and it is usually far from the source of demand.As a result, Indonesia urgently needs to invest in power.
However, many investors signed a financing plan are more focused on building a more commercialized renewable energy power generation facility, which has caused "gap".The discussion of financing projects is still as usual, and investors will still consider issues such as local risks and whether they can get returns.
Kaimuddin said: "Although there are other renewable energy requirements, if this power transmission and smart grid system is not established, we will not be able to reach the best state. If the climate is not a problem, then this system is not required, but Indonesia is now don’t need nowNo choice, because transmission really requires more favorable funds, so we need international support. "
At the same time, Indonesia is also discussing with partners how to turn off existing coal -fired power plants, and many of them are relatively new and still have economic value.Indonesia always wants to limit the use of coal -fired power plants,
It is hoped that "stop operating self -reserve power plants by 2050, and requires the emission volume of new self -standing power plants than existing facilities."
"If you want to close such power plants, you need to be very favorable funding or gifts to help us reduce costs," Kaimuddin said.
However, the new investment plan does not include the illegitimate power plant (such as nickel smelter) built by industrial users, and they are the core of the key mineral industry in Indonesia.Indonesia’s financing blueprint has been criticized for failing to solve the problem of "self -reserved power plant surge". After a period of time, the carbon discharge of these power plants may rise.
In this regard, Kaimuddin said: "We have not explored the best solutions yet, and I hope that we can start to conduct more in -depth research on the online power plant, and the financing plan needs to be continuously updated, and more measures need to be taken to mobilize.Fund and associate it with the appropriate project.
#Southeast Asia Market ## Clean Energy ## Snow Star Plan#
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