European Team Green Conference: Energy Transition Support for Indonesia

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Doc. Special / The European Union Delegation (EUD) for Indonesia has organized a two-day conference on October 24 and 25, 2023. This conference aims to discuss how the European Union and EU Member States (Team Europe) can provide support in efforts to achieve an Equitable Energy Transition in Indonesia.

PALMOILMAGAZINE, JAKARTA – The European Union Delegation (EUD) for Indonesia has organized a two-day conference on October 24 and 25, 2023. This conference aims to discuss how the European Union and EU Member States (Team Europe) can provide support in efforts to achieve an Equitable Energy Transition in Indonesia.

The theme of the conference was “The Road to a Prosperous Indonesia – Powered by Renewable Energy.” The event is a meeting place for various parties with interests in the energy sector, including government representatives, international organizations, private businesses, and civil society.

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The EU Ambassador to Indonesia, H.E. Denis Chaibi, highlighted the EU’s energy transition strategy and Team Europe approach. Ambassador Chaibi mentioned that “EU leaders want to make the green transition faster to address climate change and threats to energy security. In addition, the energy transition in Europe has proven to be one of the biggest sources of future jobs.”

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Ambassador Chaibi added, “The EU cannot work alone. We all need global partnerships. Team Europe can rely on the Global Gateway, a pooled source of financial initiatives from the EU, Member States’ financial institutions and the European Investment Bank that supports bilateral interests with partner countries.

Team Europe has already secured a €2.4 billion commitment to the Fair Energy Transition Partnership in Indonesia. What is needed now is political commitment, ambition and the right projects. Indonesia is blessed with huge renewable energy potential and the EU looks forward to taking the EU-Indonesia partnership to the next level.”

Director General of New, Renewable Energy and Energy Conservation of the Ministry of Energy and Mineral Resources Yudho Dwinanda Priaadi highlighted how Indonesia is optimizing the availability and reach of renewable energy, among others through programs.

availability and reach, among others through programs. “Indonesia’s super grid program will allow us to integrate Indonesia’s islands into one national grid, and through the conversion of diesel power plants to environmentally friendly hybrid batteries, we will be able to supply electricity to remote islands and areas off the current grid,” he explained.

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Fair Energy Transition Partnership (JETP) Deputy Secretariat Paul Butarbutar outlined the ongoing preparations to implement the JETP plan and its project pipeline, and called for more international cooperation and investment.

The conference highlighted the importance of an enabling environment for increased investment in renewable energy, as well as the very welcome announcement by House of Representatives (DPR) Commission VII Chairman Sugeng Suparwoto that the New and Renewable Energy Law is expected to be approved by the end of this or early next year.

The utilization of technologies and best practices from EU Member States regarding the regulatory framework for energy transition and renewable energy implementation was also highlighted at the conference. Particularly around offshore wind energy, floating solar panels, and tidal energy, which provide promising opportunities for Indonesia to increase its potential in the energy transition.

Brent Elemans and Eric Arends from Pondera pointed out that there is potential to develop several gigawatts of offshore wind generation capacity in Indonesia, but that Indonesia needs to develop an efficient and stable regulatory framework in order to capitalize on this opportunity. Other speakers mentioned the importance of a just energy transition, by creating jobs for people currently working in the fossil fuel industry.

The conference demonstrated the congruence between Indonesia’s priorities and what the EU has to offer, where concrete cooperation can be enhanced to address fossil fuel subsidies, generate affordable electricity, create high-quality jobs, improve air quality, and the best approaches to ensure the energy transition happens in such a way that no one is left out of the benefits. (T1)

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