Transisi Energi, Masa Depan Indonesia - IESR

IESR Indonesia

10 Dec 202006:57

Summary

TLDRIndonesia, with its 432 GW renewable energy potential, is lagging behind in transitioning from fossil fuels, which currently supply over 85% of its electricity. Despite a global trend towards renewables, Indonesia's annual renewable energy capacity growth is only 334 MW, compared to Vietnam's 1745 MW. Financial institutions are divesting from fossil fuels and increasing investments in renewables, which reached $325 billion in 2020. Indonesia must accelerate its energy transition to mitigate climate change, improve energy resilience, and reduce the economic burden of stranded fossil fuel assets.

Takeaways

📊 As of 2019, over 90% of Indonesia's primary energy supply comes from non-renewable sources like oil, coal, and gas, while only about 8% is from renewable energy.
🔋 Despite having a renewable energy potential of 432 gigawatts, which is eight times the current installed capacity, Indonesia has only commercially utilized 10.3 gigawatts of renewable energy.
🌍 Globally, there is a significant increase in the trend towards renewable energy, yet Indonesia's average annual increase in installed renewable energy capacity over the past decade is only 334 megawatts, lagging behind countries like Vietnam with an increase of 1745 megawatts per year.
💹 The cost of generating electricity from renewable energy is becoming increasingly competitive, with technological disruptions in the energy sector, such as modular, decentralized, and democratized solar power technologies, potentially changing Indonesia's electricity business model in the future.
🏦 Over 1000 financial institutions with assets over 11 trillion US dollars have started divesting from fossil fuel energy assets, with a concurrent increase in renewable energy investments, exceeding 200 billion US dollars per year globally.
📉 Delaying the transition to renewable energy increases the risk of stranded fossil fuel assets due to competitive renewable energy prices, which could eventually become an economic burden for the nation.
🌿 Indonesia's commitment to global climate change mitigation must be seriously realized to protect its citizens from the increasingly tangible impacts of climate change.
🎯 Based on the development plan, Indonesia has set a target of reducing emissions by 29% by 2030, but this is still not considered ambitious enough to meet the Paris Agreement targets.
⏳ The transition to renewable energy in Indonesia is urgent and requires a sustainable approach to enhance energy security and significantly reduce greenhouse gas emissions.
🏗️ The transition process will take time and needs to start early, involving all stakeholders to manage the impacts effectively.
🌞 As consumers, we can support the transition by urging the government to increase the share of renewable energy more aggressively and by adopting renewable energy technologies like rooftop solar for homes and offices.

Q & A

What percentage of Indonesia's primary energy supply comes from non-renewable sources like oil, coal, and gas?
-Over 90% of Indonesia's primary energy supply comes from non-renewable sources such as oil, coal, and gas.
How much of Indonesia's electricity supply is generated from renewable energy sources?
-Only about 8% of Indonesia's electricity supply comes from renewable energy sources.
What is the potential of renewable energy in Indonesia in terms of gigawatts?
-Indonesia has a potential of 432 gigawatts of renewable energy, which is eight times the current total installed capacity.
How much of the renewable energy potential has been commercially utilized in Indonesia?
-Only 10.3 gigawatts of renewable energy has been commercially utilized in Indonesia.
What is the global trend regarding the adoption of renewable energy?
-The global trend shows a continuous increase in the adoption of renewable energy, with significant growth in the last decade.
How does the annual growth rate of installed renewable energy capacity in Indonesia compare to Vietnam?
-Indonesia's annual growth rate of installed renewable energy capacity is around 334 megawatts per year, whereas Vietnam's rate is 1745 megawatts per year.
What is the impact of delaying the transition to renewable energy on Indonesia's economy?
-Delaying the transition to renewable energy could lead to a larger number of stranded fossil fuel assets and increased economic burden due to competitive renewable energy prices.
How does the trend of financial institutions investing in renewable energy compare to fossil fuel investments?
-Over 1000 financial institutions with assets over 11 trillion USD have started divesting from fossil fuel assets, and the global investment in renewable energy has consistently exceeded 200 billion USD per year, peaking at 325 billion USD in a single year.
What is the importance of Indonesia's commitment to mitigating global climate change?
-Indonesia's commitment to mitigating global climate change is crucial for protecting its citizens from the impacts of climate change and must be realized seriously.
What is the target set by Indonesia for its Nationally Determined Contributions (NDCs)?
-Indonesia has set a target to achieve its NDCs by 2036, but the current targets are not considered ambitious enough to meet the Paris Agreement goals.
What role can the Indonesian public play in supporting the energy transition?
-The Indonesian public can play a significant role by urging the government to increase the adoption of renewable energy and supporting the national energy transition.
What steps can individuals take to utilize renewable energy technologies in their daily lives?
-Individuals can start using renewable energy technologies such as rooftop solar panels to power their homes, offices, and other activities.

Outlines

00:00

🌍 Energy Transition in Indonesia

The script discusses Indonesia's reliance on fossil fuels for over 90% of its primary energy supply, with only about 8% coming from renewable sources. Despite having a potential of 432 gigawatts in renewable energy, only 10.3 gigawatts have been commercially utilized. The global trend towards renewable energy is on the rise, with Indonesia's average annual increase in renewable energy capacity being significantly lower compared to Vietnam. The script emphasizes the need for Indonesia to accelerate its transition to renewable energy to remain competitive and to mitigate climate change, highlighting the growing global investment in renewable energy and the economic risks of delaying this transition.

05:01

💡 Accelerating Indonesia's Sustainable Energy Transition

This paragraph focuses on the opportunity for Indonesia to enhance its sustainable energy resilience and significantly contribute to reducing greenhouse gas emissions. It emphasizes the importance of starting the energy transition process early and involving all stakeholders to manage the impacts effectively. The script calls for the government to increase the aggressiveness of renewable energy targets and to develop a national energy transition roadmap. It also mentions the role of PLN, the national electricity company, in facilitating access to renewable energy for consumers and industries. The paragraph concludes by encouraging the use of renewable energy technologies, such as rooftop solar, to empower homes, offices, and other activities.

Mindmap

Keywords

💡Energy Transition

Energy Transition refers to the shift from conventional energy sources, such as fossil fuels, to renewable energy sources. In the context of the video, Indonesia is urged to accelerate this transition to tap into its vast renewable energy potential and reduce reliance on fossil fuels. The video mentions that Indonesia has a potential of 432 gigawatts of renewable energy, yet only 10.3 gigawatts are commercially utilized, indicating a significant gap that needs to be addressed.

💡Renewable Energy

Renewable Energy is energy that is collected from renewable resources, which are naturally replenished on a human timescale, such as sunlight, wind, rain, tides, and geothermal heat. The video emphasizes Indonesia's untapped potential of 432 gigawatts of renewable energy, which is eight times the current installed capacity, highlighting the importance of harnessing this clean and sustainable energy source.

💡Fossil Fuels

Fossil Fuels are hydrocarbons such as coal, oil, and natural gas, formed from the remains of ancient plants and animals. The script points out that over 90% of Indonesia's primary energy supply comes from fossil fuels, which is a concern due to their environmental impact and the need for a sustainable energy future.

💡Energy Supply

Energy Supply refers to the amount of energy available to consumers. The video discusses that more than 85% of electricity supply in Indonesia comes from fossil fuels, which is a significant figure that underscores the current dependency on non-renewable energy sources.

💡Global Trend

Global Trend refers to the worldwide movement or development towards a particular state or condition. The script mentions the global trend towards renewable energy, which is growing significantly, as evidenced by the increasing investments and the competitive cost of renewable energy production.

💡Investment

Investment in the context of the video pertains to financial contributions towards the development of energy infrastructure, particularly renewable energy. It is highlighted that global investments in renewable energy have consistently exceeded $200 billion per year, with a peak increase in 2019, indicating a strong financial commitment to the sector.

💡Divestiture

Divestiture is the process of selling off or reducing holdings in a particular industry or sector. The video notes that over 1000 financial institutions have started to divest from fossil fuel assets, which is a significant shift in financial strategy and aligns with the global trend towards renewable energy.

💡Climate Change Mitigation

Climate Change Mitigation refers to actions taken to reduce or prevent emission of greenhouse gases. The video stresses the importance of Indonesia's commitment to mitigate climate change, which is a global concern, and the urgency of transitioning to renewable energy as part of this commitment.

💡Nationally Determined Contributions (NDCs)

Nationally Determined Contributions are goals set by countries to reduce national emissions and adapt to the impacts of climate change. The video mentions Indonesia's NDC target for 2036, indicating the country's pledge under the Paris Agreement to combat climate change.

💡Energy Access

Energy Access refers to the ability of people to obtain secure, affordable, and sustainable energy. The script suggests that renewable energy technologies can democratize electricity generation, allowing for decentralized energy production and potentially improving energy access for consumers and industries.

💡Technological Disruption

Technological Disruption refers to innovations that radically change existing markets or industries. The video mentions technological advancements in renewable energy, such as modular solar power, as a form of disruption that can transform the electricity business model in Indonesia.

Highlights

90% of Indonesia's primary energy supply comes from oil, coal, and gas.

Only about 8% of energy comes from renewable sources in the electricity sector.

Indonesia has a renewable energy potential of 432 gigawatts, eight times the current installed capacity.

Only 10.3 gigawatts of renewable energy have been commercially utilized.

Globally, there is a significant increase in renewable energy trends.

In the last decade, Indonesia's average annual increase in renewable energy capacity is 334 megawatts.

Vietnam's annual increase in renewable energy capacity is 1745 megawatts.

Indonesia needs to accelerate its energy transition to renewable sources.

Disruptive technologies in the energy sector are making renewable energy generation more competitive.

Over 1000 financial institutions with assets over 11 trillion USD are divesting from fossil fuels.

Global investment in renewable energy has consistently exceeded 200 billion USD per year from 2015 to 2019.

The highest peak of investment in renewable energy reached 325 billion USD.

Delaying the transition to renewable energy could lead to stranded fossil fuel assets.

Indonesia's commitment to global climate change mitigation must be seriously realized.

Indonesia's current NDC targets are not sufficient to meet the Paris Agreement goals.

The transition to renewable energy is becoming increasingly urgent for Indonesia.

Indonesia has the opportunity to enhance sustainable energy resilience.

The transition process has already begun and requires time and involvement from all stakeholders.

The public has an important role in supporting the energy transition.

PLN, as the sole electricity provider, must facilitate renewable energy access for consumers and industry.

Individuals can start utilizing renewable energy technologies like rooftop solar.