Energy

Indonesia focuses on Renewable Energy amid the Coronavirus pandemic

The Coronavirus pandemic has left the world at a vulnerable stage. However, this fallout has given Indonesia a chance to focus on energy security. And this will help the country switch from conventional to renewable sources. During a press conference online, Indonesia Foreign Minister Retno Marsudi stated that Indonesia has multiple breakthroughs, including Biodiesel B30. He stated that the Government under the energy section would conduct tests on palm oil green diesel D100. The project will absorb 1 million tons of locally produced palm oil from its farmers. Also, he said that the project involves installing rooftop solar power plants in many households.

President Joko Widodo also addressed citizens on the project and referred to information from the World Economic Forum regarding the Green economy’s potential. The green economy is expected to generate at least $10.1 trillion and create jobs for at least 395 million jobs by 2030. On November 4th, Arifin Tasrif, the minister of Energy and mineral resources, explained how the pandemic had spurred the country to accelerate the renewable energy transition. 

The energy section is developing renewable Energy, maintaining energy efficiency, and maintaining energy security. This energy security for a long-lasting energy independence goal is one of the top concerns that Tasrif stated in a meeting in September. The Covid-19 pandemic this year is the main reason for the economic crisis and increased energy demands. And this fact is one of the main reasons that Tasrif has made the energy project a priority to achieve energy security in the country.

Tasrif also lauded Saudi Arabia to push ahead of the Energy 4Rs issue, Reduce, Reuse, Recycle, and Remove in the Carbon Economy Concept. The minister explained that the main part of reintroducing biofuel and hydrogen in energy production in achieving the Circular Carbon Economy. Also, the B30 Indonesia Energy production means using 30% of the locally-manufactured palm oil.

Indonesia is the world’s largest palm oil-producing country. The country has set a target using 23% of renewable energy as their vision 2025 in the energy section and 50% of the Energy as their vision 2050. Regarding the Government’s energy section, the President has listed the renewable energy project as the top seven priority programs. The country set approximately 16.7 billion rupiahs on the project.

A special economic presidential staff stated that the state budget has highly prioritized the Green energy project and is ready to start implementing the renewable energy transition. Also, he praised the President for his continued support of the project. The Palm oil plantation management team also explained how essential the project is and the money they have been able to save since its initialization in 2015. Indonesia expects to achieve energy security with this Green project.

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