News

Indonesia officially launched its first Carbon Capture and Storage (CCS) project at the end of November. However, experts believe that Indonesia faces significant risks in becoming a hub for carbon storage.

President Joko Widodo explained Indonesia's climate efforts, inviting global cooperation at COP28. However, some experts find these actions insufficient to solve the global climate crisis.

After IDX Carbon launch, Indonesia's trading volume briefly outpaced Japan and Malaysia. However, a British media found little activity over the past 2 months, contrasting the earlier surge.

Indonesia has officially finalized the Comprehensive Investment and Policy Plan (CIPP), aiming to persuade the members of the JETP to secure $20 billion in funds for green energy transformation.

Indonesia's president Joko Widodo launched the construction of a carbon capture, utilization and storage (CCUS) project in West Papua province operated by BP Plc on Nov. 24, making it the country’s first carbon storage project.

Indonesia’s Ministry of Energy and Mineral Resources together with the National Electricity Company PT PLN plans to build a smart grid to support the utilization of renewable energy in Indonesia.

Indonesia's leading presidential candidates are considering a push to end the state-run Perusahaan Listrik Negara's (PLN) monopoly as part of efforts to accelerate the transition to greener energy.

Indonesian state-owned electricity company, the PLN, has cooperated with five leading international energy corporations for the development t of a green ecosystem in Indonesia.

Indonesia's PLN plans to construct an additional 31.6 GW of renewable power capacity between 2024 and 2033, Chief Executive Darmawan Prasodjo told the parliament on Nov. 15.

Indonesia's state energy firm, Pertamina, along with U.S. oil majors Exxon Mobil and Chevron Corp, is progressing in their discussions to invest in carbon capture facilities.