Southeast Asia Information Platform for the Energy Transition - SIPET’s Post

🌟 The long-awaited IPA Infographic has arrived! 🌟 I am thrilled to share the launch of the 2024 IPA Infographic, which focuses on CC(U)S. The IPA president formally presented the infographic to the Minister of Energy and Natural Resources during the opening of the IPA Convention on 14 May 2024. Over the past seven months, the IPA Infographics committee has worked tirelessly to develop infographics that shed light on the immense potential of Carbon Utilization, Capture, and Storage (CC(U)S) in Indonesia. 🔍 Key Collaborators: 1.    Global CCS Institute: I want to express my heartfelt thanks to the Global CCS Institute for its close collaboration with IPA. Their expertise has been invaluable in producing an insightful CCS infographic. 2.    ICCSC: We thank the ICCSC for providing essential CCS data support. Their contributions have strengthened our understanding of this critical field. 3.    Wood Mackenzie: Kudos to Wood Mackenzie for their assistance in creating an infographic related to Indonesia’s energy resilience and transition strategy. Their insights have been instrumental. 🌎 Our Vision: Building upon the momentum of our 2023 IPA Whitepaper initiative, this infographic serves as a beacon toward achieving energy security and a greener future. I'm hoping the infographic can highlight the mandatory role of CCS as a license to invest in achieving energy security and also as a license to invest in growing the investment in green premium products in Indonesia. Special thanks to Alex Zapantis and Honor Iosif for their dedication and assistance in creating this powerful and easy-to-read infographic, which hopefully corrects some misperceptions about CCS. Let's continue to pave the way for a resilient energy landscape by establishing successful CCS Hubs in Indonesia, which requires a collective global and national effort, with crucial support from our government 🌿🔗 #EnergySecurity #CCS #CCSHubs #Sustainability #IndonesiaEnergy

Home Solar power could generate 54X more profits than palm oil By Ishra Kamiso  04 Jun 2024, 01:34 pm Maybank Investment Bank’s rough estimates show that 1GW capacity may bring in recurring annual income of RM134 million to RM266 million using 1,500-1,700ha of land compared to the sector’s average oil palm operating profit of RM4,444 per hectare achieved for the past 10 year. KUALA LUMPUR (June 4): Large-scale solar ventures (LSS) will allow palm oil producers to generate up to 54 times more operating profits per hectare compared to oil palm, Maybank Investment Bank flagged. SD Guthrie Bhd (formerly Sime Darby Plantation Bhd) (KL:SIMEPLT), Kuala Lumpur Kepong Bhd (KL:KLK), and IOI Corp Bhd (KL:IOICORP) are potential beneficiaries given their estate locations, Maybank said in a note to clients. Genting Plantations Bhd (KL:GENP), TH Plantation Bhd (KL:THPLANT) and United Plantations Bhd (KL:UTDPLT) may also benefit, it said. “Only selected planters with the right estate location may benefit from this solar potential should they choose to capitalise on this opportunity,” Maybank said. So far, only SD Guthrie has made public its renewable energy ambition with a one-gigawatt (GW) capacity target. https://lnkd.in/ghn9QW5F

The most recent BloombergNEF annual review of global investment trends in 2024 revealed that global investment in the energy transition reached an unprecedented $1.8 trillion in 2023, marking a 17% increase from the previous year. While this is undoubtedly exciting news, it also signifies significant opportunities for Southeast Asian countries as they pursue their energy transition goals. Effective discussions on empowering this transition demand compelling narratives. In the context of Indonesia, the climate agenda has increasingly revolved around the energy transition over the past three years. Despite its promise, Indonesia's transition to clean energy is hindered by political obstacles and a lack of public engagement. However, there is optimism surrounding the impact of Clean, Affordable, and Secure Energy (CASE) Indonesia, an initiative led by GiZ and IESR. This initiative utilizes scientific evidence to advance Indonesia's clean energy agenda, particularly aligning with the nation's NDC 2030 target. Our collaboration with CASE Indonesia is focused on crafting tailored messaging for key stakeholders, including policymakers, civil society organizations, and the media. By ensuring that evidence-based narratives prevail, we aim to drive meaningful conversations around clean energy. Additionally, we recognize the importance of credible spokespersons and a diverse range of individuals to amplify the scientific narrative across various audiences. For deeper insights, explore the Narrative Trends in Energy Transition report released by CASE Indonesia in October 2023 (https://lnkd.in/gUsDqxx8 ). The launch of the Comprehensive Investment and Policy Plan (CIPP) of JETP Indonesia in November 2023 will also further shape Indonesia's energy transition narrative. To learn more about CIPP JETP Indonesia, visit the JETP Indonesia website (https://jetp-id.org/), proudly developed by Catalyze Communications. #CleanEnergyIndonesia #ClimateAction #CASEIndonesia Marc-Antoine Dunais Gandabhaskara S. Agus Praditya Tampubolon

We are excited to share a comprehensive overview of the energy disputes in Indonesia, highlighting key developments and trends outlined in the recently released 2024 report. This document offers crucial insights into the government's role, industry standards, and the significant push towards renewable energy amidst global challenges. Dive into the full details by exploring sections on commercial law, regulatory frameworks, and innovative strategies for handling energy disputes effectively. A special thanks to Setyawati F. Reynalda Basya Ilyas Agnes Wulandari Melvin Julian and Marcel Raharja for their expert contributions to this piece. For those in the energy sector or interested in environmental sustainability, this is a must-read to understand the complex dynamics in one of the world's most vibrant energy markets. #EnergyDisputes2024 #IndonesiaEnergy #SustainableDevelopment

New Report Alert|Business Impact Assessment Report: Developing Sustainable Energy Transition Plans for Economies and Businesses The Electricity Lawyer Business Impact Assessment Report titled: Developing Sustainable Energy Transition Plans for Economies and Businesses; is an essential companion for economies and businesses looking to develop holistic sustainable energy transition plans to decarbonise their energy sector(s) operations and achieve net-zero emissions, in line with national and global standards. The Report via its country case study assessment(s), provides essential inputs that can be taken into consideration in the development and implementation of energy transition plans; with BONUS Global, Country and Business Environmental, Social and Governance (ESG) checklists respectively and ESG metrics for energy projects to guide economies and businesses in developing sustainable energy transition plans, in order to meet Global Environmental, Social and Governance Standards and attendant Climate Obligations.  Order the report at the promo price of N75,000|$75|£75; for a limited time. The report is available to order securely on the Electricity Lawyer (EL) website e-store at: https://lnkd.in/dfhP4Qfb The report is also available to order securely on Amazon at: https://lnkd.in/dCK6eqbV Alternatively, to order the report securely in any currency of your choice on Selar, click on the link: https://selar.co/t01791. Other products for sale can be found on the EL e-store on our website or the EL store on Selar: https://lnkd.in/dudrAzaC. #electricitylawyer #electricitymarkets #powersector #business #impactanalysis #energytransition #energytransitionplans #nigeria #ghana

Key Takeaways from Malaysia’s NETR* Progress Report *NETR - National Energy Transition Roadmap 📌 Increased Investment: Updated estimates show RM60.7 billion in investments, up from RM25 billion initially projected. 📌 Job Creation: 84,544 jobs expected, significantly higher than the initial 23,000 forecast. 📌 Emission Reductions: New estimate of 24,264 gigagrams of CO2 equivalent reduction per year, up from 10,000 Gg CO2eq. 📌 Economic Impact: NETR expected to boost national GDP and socio-economic status. 📌 Unified Approach: Government emphasizes a whole-of-nation approach involving federal, state, public, and international community for energy transition. 📌 Energy Trilemma: Focus on balancing energy security, affordability, and sustainability. #NETR #energytransition #roadmap #energytrilemma

Morningstar Sustainalytics is pleased to announce that we have recently provided a Second-Party Opinion (SPO) to Tenaga Nasional Berhad (TNB), an electric utility company headquartered in Kuala Lumpur, Malaysia. The SPO is for its Transition Finance Framework. Developed to support its energy transition and decarbonization efforts, the framework is the first transition finance framework for an electric utility in ASEAN. Notable proceeds from TNB's Framework will finance low carbon power generation, including investments in new and existing gas-fired power plants that include methane leakage measurement, hydrogen production through steam reforming, and research and development on CO2 utilization (CCUS) for biomass. Sustainalytics is of the opinion that the TNB Transition Finance Framework is credible and impactful and aligns with the Sustainability Bond Guidelines 2021, along with the four core components of the Green Bond Principles 2021, Social Bond Principles 2023, Green Loan Principles 2023, Social Loan Principles 2023, ASEAN Sustainability Bond Standards, ASEAN Green Bond Standards and ASEAN Social Bond Standards. To learn more about TNB’s transition financing initiatives, please refer to Sustainalytics' Second-Party opinion here: https://bit.ly/3TUxeCU #TransitionFinance #SustainableFinance #Decarbonization

New Report Alert|Business Impact Assessment Report: Developing Sustainable Energy Transition Plans for Economies and Businesses The Electricity Lawyer Business Impact Assessment Report titled: Developing Sustainable Energy Transition Plans for Economies and Businesses; is an essential companion for economies and businesses looking to develop holistic sustainable energy transition plans to decarbonise their energy sector(s) operations and achieve net-zero emissions, in line with national and global standards. The Report via its country case study assessment(s), provides essential inputs that can be taken into consideration in the development and implementation of energy transition plans; with BONUS Global, Country and Business Environmental, Social and Governance (ESG) checklists respectively and ESG metrics for energy projects to guide economies and businesses in developing sustainable energy transition plans, in order to meet Global Environmental, Social and Governance Standards and attendant Climate Obligations.  Order the report at the promo price of N75,000|$75|£75; for a limited time. The report is available to order securely on the Electricity Lawyer (EL) website e-store at: https://lnkd.in/dfhP4Qfb The report is also available to order securely on Amazon at: https://lnkd.in/dCK6eqbV Alternatively, to order the report securely in any currency of your choice on Selar, click on the link: https://selar.co/t01791. Other products for sale can be found on the EL e-store on our website or the EL store on Selar: https://lnkd.in/dudrAzaC. #electricitylawyer #electricitymarkets #powersector #business #impactanalysis #energytransition #energytransitionplans #nigeria #ghana

Indonesia's JETP represents the largest international climate finance partnership to date. Is it big enough? Where does the money need to flow? Which instruments can help accelerate the urgent transition from coal to renewables? How to integrate justice at the heart of the process? We've just published findings from our work on these questions and more over the past year, along with an open-source JET-FIN tool, aiming to improve transparency, enable further quantitative analysis and serve as a resource to facilitate similar work in other countries. Check it out ⬇

I honored to facilitate discussion with panel of experts from ASEAN Centre for Energy , Prakarsa Jaringan Cerdas Indonesia (PJCI) - Indonesia Smart Grid Initiative , Asian Development Bank (ADB) and the National Energy Council during 2024 energy week. The discussion covered the importance of transition financing, policy alignment, and potential cash flow gap that might be faced by the power sector if we’re not make a well preparation for our energy transition agenda. #energytransition #sustainability #policy