Jun 29, 2021 Leave a message

Broad Prospects For China-Indonesia Renewable Energy Cooperation -- Interview With Arifin Tasrif, Minister Of Energy And Mineral Resources.

JAKARTA, June 23 (Xinhua) -- Exclusive Interview: China-Indonesia Renewable Energy Cooperation Prospects Bright -- Interview with Arifin Tasrif, Minister of Energy and Mineral Resources of Indonesia

Indonesian Minister of Energy and Mineral Resources Arifin Tasrif said in an exclusive interview with Xinhua News Agency that there is huge investment space in the fields of power infrastructure construction and downstream mining processing, and Indonesia will provide investment opportunities for Chinese investors in renewable energy projects.

, reeve, said Indonesian President zonko for leaders summit in April this year, points out that Indonesia will vigorously develop new energy, to achieve climate goals, on the one hand, to speed up the obsolete old coal-fired power stations, encouraging investment in the construction of more renewable energy power stations, on the other hand to use the clean coal technology, to reduce greenhouse gases.

Talking about Indonesia's current energy structure, Taslif said frankly that as a major producer and exporter of coal in the world, Indonesia has a large installed capacity of coal-fired power, which contributes nearly half of the country's energy supply, while renewable energy, mainly geothermal and hydro energy, only contributes about 10 percent.

"To meet the Paris warming targets, Indonesia must have an energy mix that reduces carbon emissions." Mr Taslif said Indonesia would make the most of its existing resources and build hydropower, geothermal and solar power projects, aiming to increase the share of renewable energy to 23 per cent by 2025.

To speed up the "old for new" drive in the energy sector, Taslef said the government was working on more attractive electricity tariffs to promote investment in renewable energy and was planning regulations to phase out old coal-fired power plants.

He told reporters that Indonesia is willing to provide investment opportunities for Chinese investors in renewable energy projects. With future growth in electricity consumption, Indonesia needs to strengthen power transmission, and there is huge potential for investment in power infrastructure.

Taslif said Indonesia is very supportive of the development of the mining processing industry and supporting related companies to produce more end products. Nickel, for example, could be used to make batteries that could be used in large numbers in the future for energy storage in homes and communities and for transportation.

"Indonesia has made electric vehicles a priority industry and this will accelerate the process of electrification, which will help Indonesia achieve its emission reduction targets." "Said Taslif.


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