Hiswara Bunjamin & Tandjung’s Post

By taking into account the significant potential new and renewables resources in Indonesia (and in order to meet the Indonesian national target to reduce emissions), the Indonesian Government has sought to continue the acceleration of renewable energy development. The Indonesian Government is currently contemplating the Draft New Renewable Energy Law which is anticipated to fill in certain regulatory gap on the energy transition and development of (all) new and renewable energy in Indonesia. The national efforts to enhance the Indonesian regulatory framework is instrumental to improve the bankability of Indonesian renewable projects. We discussed the Indonesian regulatory outlook on the renewable energy in this guide and would be happy to hear your thoughts on this subject matter.

We are pleased to present our latest contribution to the Vietnam chapter of Lexology In-Depth: Renewable Energy Law 2024. Vietnam is rapidly emerging as one of ASEAN's fastest-growing renewable energy markets. In the first seven months of 2023, renewable sources accounted for 13.8% of total energy generation, with significant contributions from solar and wind power. The Power Development Master Plan (PDP 8), introduced in May 2023, aims to increase renewable energy to 50% by 2030 and nearly 70% by 2050. Despite this progress, regulatory challenges have hindered further advancement, hence need to be managed properly. This chapter, authored by Partner Hong Bui and Senior Associate Bao Nguyen, reviews key market and legal developments, policy and regulatory landscapes, and future outlooks for renewable energy projects. Check out the full chapter on Lexology or to download a PDF copy at: https://lnkd.in/gM2_Finh #LNTPartners #Lexology #Renewable #Energy #PDB #projects #sustainable 

The power wheeling scheme in the upcoming New and Renewable Energy Bill (RUU EBET) raises critical questions. Can it provide a win-win solution for both the private sector and the public? And what does it mean for Indonesia's long-term energy security and transition efforts? Find out more about the energy battle unfolding. 🌿🔌 What do you think? Will you support the power wheeling scheme? #SemarSentinel #RUUEBET #PowerWheeling #MasaDepanEnergiIndonesia #EnergyTransition #PrabowoSubianto #TransisiPemerintahan

We - Bao Nguyen and I - are happy to share our thoughts on renewable energy in Vietnam in the current context. For renewable energy in Vietnam, there have been quite a few hiccups especially in solar energy. With the time and the PDP8, now, a better ground has been established for this energy sector to grow more sustainably. Still, given past developments and the new changes, lots of deal management and actions would need to be deployed, to get the deals thru. #renewable #energy #LNT #m&a

The Philippines pioneered the first and most comprehensive renewable energy law in Southeast Asia with the Republic Act No. 9513 or the Renewable Energy Act of 2008. Following the launch of the Murang Kuryente series that centered on the sources and benefits of renewable energy, this second booklet highlights the salient provisions of the law. Dive into the different mandated and voluntary energy mechanisms that promote the advancement of our renewable energy targets—increase the share of renewable energy in the power mix by 35% and 50% by 2030 and 2050. Download the booklet here: https://lnkd.in/gatZbEKP #MurangKuryente #LeadOnClimate #ClimateRealityPH

Partners Emir Nurmansyah and Serafina Muryanti have contributed to Lexology Panoramic: Renewable Energy - Indonesia. To read the chapter, please visit: https://lnkd.in/gWwiSD-5 #ABNRLaw

A Vu Phong Energy Group representative contributed comments on the draft Electricity Law (amended). At the workshop to comment on completing the draft Electricity Law, taking place on the afternoon of September 6, 2024, in Ho Chi Minh City, Mr. An Pham, Deputy General Director of Vu Phong Energy Group and Director of VP Carbon, had the opportunity to participate as a guest and contributed opinions to complete the draft Electricity Law (amended). Mr. An and many delegates, experts in the field, managers, and representatives from businesses in the renewable energy industry shared contributions. They discussed how to develop necessary practical solutions from many different perspectives but with the common goal of completing the draft of the Electricity Law (amended). For more detailed information, please read the article: https://lnkd.in/eQzawFSQ #VuPhongEnergyGroup #VuPhongEnergy #VuPhong #VuPhongSolar #VuPhongWind #VuPhongSolarWind #VPE #sustainabledevelopment #sdgs #VuPhongMagazine #NetZero #GreenTransition #ESG

A significant endeavor has been made by the Government of Indonesia to develop the Power Wheeling scheme under MoEMR Reg. 11/2021. The scheme aims to encourage public and private sectors to participate collaboratively in the integration system to distribute electricity generated from renewable energy sources by allowing independent power producers to transmit their electricity to end-users via the electrical power system. To date, the Government of Indonesia has also enacted MoEMR Reg. 2/2024 as an extension of the Power Wheeling scheme, encouraging more private sectors to participate in generating electricity via Rooftop Solar Power Plant Systems. However, some controveries are arisen by the development of Power Wheeling since it deems opposite from the constitution. Find out more our insights about this topic in our Legal Brief publication. #RenewableEnergy #Environment

📖 Our Legal Buzzword of the Week is 👉 Feed-in-Tariff ⚡ brought to you by Daria Goliszewska. Feed-in-Tariff (FIT) is a system of guaranteed tariffs available to producers of electricity from renewable energy sources with a total installed capacity of less than 500 kW who sell or will sell unused electricity to an obligated seller. FIT is the price paid to suppliers of energy from renewable sources, as determined by the relevant legislation. FITs are a public policy mechanism to accelerate investment in renewable energy sources by offering long-term contracts to renewable energy producers. 📢 Follow us for more from our Legal Buzzword of the Week series, where each week we bring you simplified definitions to key and topical term you might be reading about in the news and on the web. Do you have any questions? Interested in learning more about a specific term? Reach out directly to that week's legal expert. 💬 🤔 Want to see a buzzword featured? Let us know in the comment section below! 👇 #WolfTheiss #WTLegalBuzzwordOfTheWeek #LegalTerms #LawOnTheLevel #FIT #FeedInTariff #Renewables #LegalDefinitions

Representative of Vu Phong Energy Group contributed comments for the draft Electricity Law (amended). At the workshop to comment on completing the draft Electricity Law (amended), taking place on the afternoon of September 6, 2024, in Ho Chi Minh City, Mr. An Pham Dang, Deputy General Director of Vu Phong Energy Group and Director of VP Carbon had the opportunity to participate as a guest and contributed opinions to complete the draft Electricity Law (amended). Mr. An and many delegates, experts in the field, managers, and representatives from businesses in the renewable energy industry shared contributions. They discussed how to develop necessary practical solutions from many different perspectives but with the common goal of completing the draft of the Electricity Law (amended). For more detailed information, please read the article: https://lnkd.in/eQzawFSQ #VuPhongEnergyGroup #VuPhongEnergy #VuPhong #VuPhongSolar #VuPhongWind #VuPhongSolarWind #VPE #sustainabledevelopment #sdgs #VuPhongMagazine #NetZero #GreenTransition #ESG