Friday, October 13, 2023

Coal-Fired Power Plant or CFPP that had been built in Central Java Province

Several media wrote about the Coal-Fired Power Plant or CFPP that had been built in Central Java Province. This CFPP in Central Java also caused a stir in all the countries that are part of the Southeast Asian Union. The CFPP is called Batang CFPP, construction of which began during the administration of President Susilo Bambang Yudhoyono. Then the process of building the Batang CFPP in Central Java was continued by President Joko Widodo and was completed in 2022. Unit 1 of the Batang CFPP started operating commercially on 15 August 2022 and unit 2 started on 31 August 2022. This CFPP was built in order to support the reliability of electricity supply. Java-Bali. Because Batang Power Plant or Central Java Power Plant (CJPP) is a mega project for an ultra-critical coal-fired power plant with a power of 2 x 1,000 megawatts which contributes to the national electricity supply.

 

CNBCIndonesia.com wrote about the Ministry of Energy and Mineral Resources (ESDM) revealed that it was still conducting a study regarding plans to stop operating a number of Coal-Fired Power Plants (CFPPs) sooner than the initial plan, aka early retirement. Secretary General of the Ministry of Energy and Mineral Resources Dadan Kusdiana said that currently his party is continuing to discuss with PT PLN (Persero) regarding the early retirement plan for the first CFPP. There are at least two CFPP candidates who are included in the early retirement program, both Pelabuhan Ratu CFPP and Cirebon-1 CFPP. Previously, Deputy Coordinator for Transportation and Infrastructure at the Coordinating Ministry for Maritime Affairs and Fisheries, Rachmat Kaimuddin, said that his party had prepared 1-2 CFPPs projects for retirement. Even so, Rachmat said that there were still costs that Indonesia had to pay to retire the CFPP. He said that eliminating the CFPP would mean removing the investment from the government's investment books.

 

Tempo.co wrote about Finance Minister Sri Mulyani Indrawati together with Dutch Finance Minister Sigrid Kaag who chaired a meeting between world Finance Ministers who are members of the Coalition of Finance Ministers for Climate Action (Coalition). As co-chair of the Coalition, Sri Mulyani said that the 10th Ministerial level Coalition meeting was directed at strengthening commitment to dealing with the global climate crisis. According to Sri Mulyani, several threatening climate crisis phenomena have occurred throughout 2023. Starting from the occurrence of global boiling in July 2023 where the earth's temperature was recorded as the hottest in history. And the increase in global average sea surface temperature was up to 0.51 degrees Celsius higher than the 1991-2020 average. One of the initiatives being encouraged is the Climate Action Statement from each country. Indonesia's leadership in encouraging a green financial ecosystem is proven through several policies and mechanisms. Examples include the Energy Transition Mechanism (ETM) Country Platform then SDG Indonesia One. Then there is the Green Taxonomy, the Carbon Economic Value (NEK) instrument, the climate change spending mechanism in the State/Regional Revenue and Expenditure Budget (APBN/APBD), the ESG manual for PPPs, and innovative financing through sovereign Green Sukuk, Blue Bonds, and SDG Bonds . As ASEAN Chairman 2023, Indonesia has also produced ASEAN Green Taxonomy version 2 which includes the termination of Coal-Fired Power Plants (CFPPs) as a type of green investment. The Coalition's Ministerial level meeting will be held again at the 28th UNFCCC Conference of the Parties (COP 28) in Dubai next December with higher commitment.

 

Antaranews.com wrote about PLN's strategy that has been and will be implemented to reduce greenhouse gas (GHG) emissions in the electricity sector. PLN President Director Darmawan Prasodjo said that over the last 3.5 years, PLN has removed plans to build 13.3 GW of coal-fired power plants (CFPPs) from its electricity supply business plan (RUPTL), replacing 800 MW of coal power plants with gas plants of up to canceled the agreement to purchase 1.3 GW of coal power plants electricity. Apart from that, PLN is accelerating the development of new renewable energy by building the greenest electricity plan with the addition of 52 percent new renewable energy power plants and will accelerate the addition of new renewable energy power plants of up to 75 percent based on water, wind, sun, geothermal and waves. PLN is also innovating by adding green transmission lines and building a smart grid. PLN is making the energy transition challenge a transformation so that business processes, ways of working and decision making are more accountable, credible, concise, consolidated, and integrated.

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