Wednesday, October 4, 2023

Government confirming that early retirement of Coal-Fired Power Plants (CFPPs)

Koran-Jakarta.com wrote about the Government confirming that early retirement of coal-fired power plants (CFPPs) and replacing them with environmentally friendly plants will not harm the company that owns the plant because in principle the CFPP assets will be purchased and then operated with a quicker time to decommissioning. The Minister of Energy and Mineral Resources (ESDM), Arifin Tasrif, stated that to determine which CFPPs would be retired, government would choose CFPPs located in areas with excessive electricity production that were no longer efficient and whose combustion did not meet the initial specifications. As is known, on February 16, the Secretariat Office of the Just Energy Transitions Partnership (JETP) work team was inaugurated which is ready to work to realize energy transition funding cooperation. One of the tasks of the JETP Working Team in the next six months is to complete the roadmap for early retirement of coal-fired power plants.

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