We are delighted to inform you that our Senior Partner, Aditya Kesha Wijayanto, was present as a speaker at the Petromindo Conference on 24 May 2023. On that occasion, he spoke about Legal Insight with the theme “Project Finance in the Power Plant Industry”. The following are the main points of the discussion: A. General…
Indonesia’s Geothermal Capacity is the World’s Second Largest Geothermal energy is a relatively environmentally friendly renewable energy because it comes from the earth’s heat and only releases a small amount of greenhouse gasses. Indonesia is a country located in the ring of fire, so it cannot be denied that Indonesia has abundant natural resources, one…
In October 2021, Presidential Regulation Number 98/2021 on the Implementation of Carbon Economic Value for Achieving Nationally Determined Contribution Targets and Controlling Greenhouse Gas Emissions in National Development (“PR 98/2021”) was officially signed by President Joko Widodo. PR 98/2021 regulates the carbon market which is believed to be able to support the achievement of the…
The Government of Indonesia, through the Ministry of Energy and Mineral Resources (“MEMR”), has officially banned the construction of Coal-Steamed Power Plants (Pembangkit Listrik Tenaga Uap, “PLTU”). This is marked by the issuance of Presidential Regulation Number 112 of 2022 on the Acceleration of Renewable Energy Development for the Provision of Electricity (“PR 112/2022”) by…
Biomass co-firing is the process of burning biomass and fossil fuels in coal- and gas-fired power plants. Biomass can alternatively be gasified and burned in separate burners by gas or steam fuel then mixed with boiler streams from coal-fired power plants. Biomass co-firing in coal power plants typically involves the mixing of biomass with coal…
Phase Out Coal-Fired Power Plants. The COP26 summit held in Glasgow, Scotland of the United Kingdom on 31 October – 13 November 2021 has brought the parties together to accelerate action towards the goals of the Paris Agreement and the United Nations (“UN”) Framework Convention on Climate Change. For nearly three decades, the UN has…
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