With Financing Help, Indonesia to Retire its Coal Power Plants

The G20 forum is a starting point for Indonesia to take steps to shut down its coal power plants. A number of initiatives have been agreed to support Indonesia as it undertakes this endeavor.

A truck unloads palm shells to be mixed with coal at the Sintang Coal Power Plant in Sintang district, West Kalimantan, on Tuesday (12/10/2021). The facility is one of several power plants that uses co-firing, using large palm shells as biomass that saves costs of up to 10percent on coal.

BADUNG, KOMPAS – The cost of energy transition in the power generation sector, which is dependent on fossil fuels, will not be cheap. However, a number of collaborative initiatives kick-started at the Group of 20 Summit have given Indonesia the financial support it needs to begin the process of shutting down its coal power plants to prove its seriousness in reducing carbon emissions.