PLN NP Aims To Trade 2 Million Tons Of CO2 Throughout 2024

CARBON (photo: unsplash)

JAKARTA - PLN Nusantara Power (PLN NP) targets to trade 2 million tons of CO2 throughout 2024. Director of Management Human Capital and Administration of PLN NP Employee Aji said this year the increase in carbon trading was targeted up to 2 times from the previous year.

"We were almost 1 million last year, maybe we are targeting 2 million, that's about it," he told the media, Tuesday, April 23.

Aji said, there were at least 13 units of PLN NP's generators involved in this year's carbon trade.

With this carbon trade, he admitted that the net zero emissions (NZE) initiative became more motivated. He explained, through this step, companies that build renewable power plants can make carbon certificates, while reducing companies can create emission reduction certifications.

"This means that the emission can be traded and encourages there will be other additions so that economically the company that builds renewables will reduce its burden. On the other hand, the companies that operate the CO2 burden will increase," explained Aji.

Moreover, he said, PLN NP was one of the parties who was very aggressive in opening carbon trading in 2023.

Just so you know, the Indonesian Carbon Exchange (IDXCarbon) has been inaugurated since September 2023. When it was just launched, PLN NP became the largest trader on the Indonesian carbon exchange by opening up the equivalent of almost 1 million tons of CO2.

PLN NP also conducts direct carbon trading by covering 3 of the 4 aspects of carbon trading, namely direct emission trading, direct offset emissions, and offset trading through exchanges.