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Prasetiya Mulya

Indonesia has reached a new milestone in its journey to achieve net-zero carbon emissions by 2060. To achieve that, as stated in the country’s Nationally Determined Contribution (NDC), Indonesia has established the development of clean energy sources as a national policy directive, where collectively, these policies will eventually put the country on the path to decarbonization.The Energy and Mineral Resources Ministry, through state utility firm PLN’s newest 10-year electricity procurement plan (RUPTL), has made new and renewable energy the priority energy source for new power plants to be built in the next 10 years. The 2021–2030 RUPTL, does not approve of any new coal-fired power plants (PLTU) and only allows the completion of plants that are already under construction or have reached their financial close. PLN plans to start replacing its coal-fired and gas-fired power plants with new and renewable energy (EBT) power plants in 2025. This opens up a huge opportunity for Indonesia’s future in harnessing renewable energy and it has appealed to foreign countries to invest in developing the sector.

Like Indonesia, China has pledged to peak emissions by the end of the decade and deliver a carbon-neutral society by 2060. Not only that, China also promised not to export emissions abroad, with President Xi Jinping promising to stop investing in coal power plants abroad. That would be a gamechanger in renewable energy investment, considering that China is the biggest investor in Indonesia’s PLTUs, being involved in 70 percent of PLTUs, with US$9.3 billion in investments in 2000-2019.

For several years, China has been at the center of global supply and demand for renewable energy, leading it to account for about 40 percent of capacity growth from 2015 to 2020. China, Europe, the United States and India accounted for 80 percent of global capacity growth for the period and are projected to increase that hold to 87 percent between 2021 and 2026. China’s capability in renewable energy, however, has yet to tap into the huge opportunity in Indonesia’s renewable energy sector. With Indonesia’s and China’s target to reach carbon neutrality by 2060, the two countries can work together to help reach each other’s goals. Therefore, there needs to be a platform to help connect China’s renewable energy (RE) investors and financiers with the need and opportunity in Indonesia’s renewable energy sector.

Looking at the shifting policies, Tenggara Strategics, again, with CSIS and the Indonesian Embassy in Beijing will host China RE Invest Indonesia 2022 to maintain the momentum of high interests among RE investors from China, update the investors on the latest development of Indonesia’s drive toward renewable energy and connect more RE investors and financiers from China with project owners in Indonesia. A total of 441 participants from 330 institutions attended China RE Invest Indonesia 2021.

China RE Invest Indonesia is a multi-stakeholder platform established by Tenggara Strategics, in cooperation with the Centre for Strategic and International Studies (CSIS), to bring together the Indonesian Embassy in Beijing, the Energy and Mineral Resources Ministry, the Investment Coordinating Board (BKPM), PLN and energy companies from Indonesia and China. 

China RE Invest Indonesia includes a panel discussion on fossil fuel phase-out and RE investment opportunities in Indonesia, and two sessions on solar energy and wind energy that Chinese companies have the edge to offer.

 

Welcome Speech by:
H.E. Mr. Djauhari Oratmangun

Ambassador of the Republic of Indonesia to the People’s Republic of China and Mongolia

Keynote Speech by:
H.E. Mr. Rizal Sukma

Senior Fellow CSIS, Former Indonesian Ambassador to the UK and Ireland, Designate Executive Director of the forthcoming Indonesian Centre for Contemporary China Studies

View Full Recording

May 19, 2022
08:15 - 09:15 am (Jakarta time)
09:15 - 10:15 am (Beijing Time)

May 19, 2022
09:15 - 10:15 am (Jakarta time)
10:15 - 11:15 pm (Beijing Time)

May 19, 2022
10:15 - 11:15 am (Jakarta time)
11:15 - 12:15 pm (Beijing Time)



Speakers and Moderators
Dadan Kusdiana

Director General of New, Renewable Energy and Energy Conservation (EBTKE)

Nurul Ichwan

Deputy Investment Minister/BKPM for Investment Planning

Wei Xiaowei

Acting Director General of International Cooperation of China National Energy Administration

Edwin Nugraha Putra

Executive Vice President Electricity System Planning PLN

Herman Supriadi

Director of Centre for Green Industry (CGI), Ministry of Industry

Linus Andor Mulana Sijabat

LEN industry business strategy & portfolio director

Fabby Tumiwa

Chairman of the Indonesian Solar Energy Association (AESI)

Luo Dayong (David)

Strategic Advisor to CEO and Chief Technology Officer of Digital Power Business Unit of PT. Huawei Tech Investment

Stephen Effendy

Indonesia Country Manager of LONGi

Ferdinan Simanullang

Manager of Variable Renewable Energy of IPP Project at PT.PLN

Ifnaldi Sikumbang

Vice Chairman of the Indonesian Wind Energy Association (AEAI)

Chandra Soemitro

CEO of Pondera Consult/PT Hywind Energy Solution

Si Zhongwu

Deputy General Manager of Asia Center, Goldwind Energy

Fajar B. Hirawan

Head of the Economic Department, CSIS

Riyadi Suparno

Executive Director Tenggara Strategics

Josh Ching

CEO of PT Solardex Energy Indonesia

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