Jakarta – Indonesia will enter a transition period to be coal free by 2060, PT Adaro Power President Director Dharma Djojonegoro told reporters Wednesday (9/3). He said that the business sector is working with the government to “transition from coal which is cheap to renewables which is not as cheap and intermittent.”
Djojonegoro who is also deputy chair for trade and investment task force of the B20 – a business engagement group under the G20 or a dialogue forum for the global business community – said that the taskforce is actively engaging with the government for a just transition.
“I work closely with the (government’s) energy task force. It’s clear from both our task forces that just transition is how do we transition from coal which is cheap to renewables which is not as cheap and intermittent. How do we make sure we get there and how we get there so the transition is just for everyone,” he said in an online discussion organised by the Jakarta Foreign Correspondents Club (JFCC).
Djojonegoro cited PLN’s electricity master plan (RUPTL) that the state electricity company is committed to phase down coal. “I think (PLN is) committed to no more new coal-fired power plants. However there are still some that are being built and there are some being built in the recent months and they all have 25 year contracts,” he said adding that the first closure will be around 2030-2040 and by 2060 there will be no more coal-fired power plants.
Indonesia assumed the G20 presidency this year, and is committed to reduce emissions by 29% compared to the business as usual (BAU) scenario by 2030. The latest IPCC report said that all coal-fired power plants must be closed by 2030 in OECD and European countries and by 2040 elsewhere.
