Indonesia Prepares The 100 Gigawatts Program For Renewable Energy
JAKARTA - Chairman of the Indonesian Delegation for the 29th UN Climate Change Conference/Conference of the Parties (COP), Hashim S Djojohadikusumo said President Prabowo Subianto's administration has a number of new programs including 100 gigawatts of renewable energy.
"The Indonesian government has set a very large investment program. This for the next 15 years until 2040, investment of 235 billion dollars," said Hashim after inaugurating the Indonesian Pavilion at the location of the COP29 held at the Olympic Stadium Baku, Azerbaijan, quoted from Antara, Monday 11 November.
Hashim said the investment was to build an additional 100 more gigawatts of electricity consisting of 75 percent, from new and renewable energy consisting of geothermal energy, hydropower to nuclear.
"We will build a nuclear power center, and all of this will be implemented in 15 years. So this is a very massive program that the government has determined," he added.
In addition, there are also commitments to new programs such as capture and carbon storage. Many multinational companies have included plans to invest in carbon storage, said Hashim.
"Funding will not only be from the state budget, because we all know that the state budget is quite limited. We will invite interested parties," he said.
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Indonesia has the potential to become a super power carbon storage, because not all countries have the potential like Indonesia.
"We have underground layers that can accommodate carbon massively, I heard from the government's potential for 500 gigatons of Indonesia, so Indonesia has extraordinary potential, we can cooperate with partners abroad," said Hashim.