Indonesia’s PLN Inks Key Agreements at COP28 for Ambitious Clean Energy Transition

Credit: PLN

Indonesia’s state utility, Perusahaan Listrik Negara (PLN), announced on Friday the signing of 14 agreements with various institutions at the COP28 climate summit, signaling a concerted effort to transition towards cleaner energy sources.

According to PLN’s statement, the agreements encompass strategic plans for the development of renewable energy ecosystems, the accelerated closure of coal power plants, and the implementation of worker training programs.

See also: Indonesia Seeks $700 Million Investment for Solar Panel Project to Reduce Carbon Emissions

A noteworthy collaboration involves a partnership with France’s Hydrogen de France to establish a hydrogen fuel cell hybrid power plant within Indonesia. Additionally, PLN entered into an agreement with Abu Dhabi National Energy Company (TAQA) to advance the development of transmission grid interconnection and a smart grid in the country.

PLN Nusantara Power, a subsidiary of PLN, sealed agreements with Singapore’s Sembcorp Utilities for the development of solar power plants in Nusantara, Indonesia’s newly designated capital city. Furthermore, a collaboration with Korean Hydro & Nuclear Power was established to explore a pre-feasibility study for a nuclear power plant in Indonesia, utilizing small modular reactor technology.

See also: Indonesia to Inaugurate Carbon Trading Market, Paving the Way for Emission Offsets and Climate Funding

Recognizing the collaborative nature required for effective climate change mitigation, PLN Chief Executive Darmawan Prasodjo stated, “As the locomotive of the energy transition in Indonesia, PLN is aware that PLN will not be able to carry out climate change mitigation efforts alone.”

Indonesia, heavily reliant on coal for its current power capacity, aims to shift towards cleaner energy sources. As part of its commitment, PLN plans to construct an additional 31.6 gigawatts of renewable power capacity between 2024 and 2033.

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