About Jakarta 2025 Energy Storage Subsidy
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About Jakarta 2025 Energy Storage Subsidy video introduction
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6 FAQs about [Jakarta 2025 Energy Storage Subsidy]
Is Indonesia's energy transition progress stalled in 2024?
Jakarta, December 5, 2024 – The progress of Indonesia’s energy transition throughout 2024 has stalled. The government’s move to revise the National Energy Policy has actually lowered the target for achieving renewable energy from 23% to 17-19 percent in 2025. Indonesia’s energy transition status has not moved from the consolidation stage.
How much money does Indonesia spend on energy subsidies?
Energy subsidies remain a significant burden on Indonesia's state budget. In 2024, the government allocated Rp 386.9 trillion ($23.9 billion) for energy subsidies, which included: Solar Diesel Subsidy (Rp 89.7 trillion): The government covers 43 percent of the market price of Rp 11,950 per liter for Solar diesel, equivalent to Rp 5,150 per liter.
What will Indonesia's Energy Policy look like in 2025?
IESR’s Alvin Putra Sisdwinugraha, one of the report’s lead authors, told pv magazine that 2025 will be pivotal to Indonesia’s energy policy direction, with the 10-year National Energy Policy set to be approved by the new government. “Key targets of this new policy include a renewable energy mix target of 19% to 21% of primary energy supply in 2030.
Will 2025 be a pivotal year for Indonesia's energy transition?
The Jakarta-based Institute for Essential Services Reform (IESR) says 2025 will be a pivotal year for Indonesia’s energy transition, as the nation has fallen behind targets in recent years.
Will new fuel subsidy scheme help Indonesia save money?
Jakarta. A new fuel subsidy scheme will come into effect early next year, according to Energy Minister Bahlil Lahadalia. The government has been exploring new fuel subsidy schemes for a more precise distribution. Indonesia will soon decide and announce the scheme that is also expected to help the country save money.
Will Indonesia end coal-fired power plants by 2040?
While President Prabowo Subianto has committed Indonesia to ending the use of coal-fired power plants by 2040, the report calls for urgent action. “The government needs to progressively reduce fossil fuel subsidies and shift subsidies to the renewable energy sector,” said IESR’s Raditya Wiranegara, one of the authors of the report.