IEA launches green energy JV in Indonesia

  • Date: 08-Jul-2020
  • Source: Trade Arabia
  • Sector:Oil & Gas
  • Country:GCC
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IEA launches green energy JV in Indonesia

PARIS, 7 hours, 16 minutes

ago



Indonesia and the International Energy Agency have announced the launch of a new joint project on electricity and renewable energy in Indonesia.

Launched by Indonesian Minister of Energy and Mineral Resources Arifin Tasrif and IEA Executive Director Dr Fatih Birol, the project will focus on optimising the design and implementation of a new flagship scheme to encourage private investment in renewable power sources as well as strategies to enhance renewables integration and power system operation. The work will be carried out in partnership with the Indonesian national power utility PT Perusahaan Listrik Negara (PLN Persero).

The launch of this project comes ahead of the IEA Clean Energy Transitions Summit on 9 July, which will bring together around 40 Ministers and high-level figures from countries representing about 80% of global energy demand.

"The IEA has shown monumental leadership to bring the international community together in an effort to tackle the effects of the Covid-19 pandemic on energy-related issues and to set out a path for sustainable recovery. During these challenging times, I am pleased to note that the IEA is strongly in support of the Ministry's key priorities on power system enhancement and renewables