Just Energy Transition Partnership (JETP)

Kontan.co.id wrote about the Government requesting that Just Energy Transition Partnership (JETP) funds also be used to build the electricity network. Deputy for Investment and Mining at the Coordinating Ministry for Maritime Affairs and Fisheries, Septian Hario Seto, revealed that one of the expected investments from JETP funds is to build a smart grid. The presence of the smart grid is expected to strengthen the electricity supply from New Renewable Energy (NRE) sources, especially in areas such as Kalimantan and Sulawesi. This has also become a discussion between the Indonesian Government and JETP. The presence of the smart grid is expected to strengthen the electricity supply from NRE sources, especially in areas such as Kalimantan and Sulawesi. This has also become a discussion between the Indonesian Government and JETP. However, Seto confirmed that the use of JETP funds for CFPP’s early retirement will also continue, especially in areas with excess electricity supply, such as Java and Sumatra. For this reason, the Indonesian Government is targeting to retire old CFPPs whose emission reductions are not yet optimal.