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Indonesia to gradually shut down coal-fired power plants

Indonesian Coordinating Minister for Maritime Affairs and Investment Luhut Pandjaitan said the government is gradually shutting down coal-fired power plants, and focusing on developing new and renewable energy.
Indonesia to gradually shut down coal-fired power plants ảnh 1Indonesia is gradually shutting down coal-fired power plants. (Photo: tempo.co)
Jakarta (VNA) – Indonesian Coordinating Minister for MaritimeAffairs and Investment Luhut Pandjaitan said the government is graduallyshutting down coal-fired power plants, and focusing on developing new andrenewable energy.

At the Indonesia Investment Forum (IIF) 2021 held virtually by the IndonesianEmbassy in London May 27, Luhut said global financial institutions are nolonger willing to fund the development of fossil fuel power plants whichtrigger global warming.

One of the government’s new and renewable energy programmes include anintegrated, green industrial area project that use hydropower plants, spanning12,500 hectares in North Kalimantan.

The ground-breaking of the industrial estate was planned to kick off this year,he said, adding about 11,000 megawatts can be used.

The green industrial area is in line with the government’s target to achievenet-zero emission by 2060, he said.

The same day, the national electricity utility PLN announced its ambitious planto retire coal-fired power plants in a phased move towards becoming carbonneutral.

Indonesia aims to have 23 percent of energy coming from renewable resources by2025, up from 11 percent as of last year, but progress on renewable projectshas been slow./.
VNA
#Luhut Pandjaitan #coal-fired power plants #renewable energy #Indonesia Investment Forum #fossil fuel #hydropower plants #net-zero emission #Vietnam News Agency #Vietnamplus Indonesia
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