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Acceleration of Renewable Energy Development for Electricity Provision

Acceleration of Renewable Energy Development for Electricity Provision

In this Presidential Regulation, certain key points to reach those goals are regulated such as the restriction of operational period for steam power plants, limitation of new steam power plants construction, obligation to use local components in order to implement Electric Supply Business Plan by PT Perusahaan Listrik Negara ("PLN"), pricing of electricity based on a renewable source, electricity procurement, and many other provisions.

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The Development of the Indonesian Carbon Market after Presidential Regulation No. 98 of 2021: What’s Next?
ESG & Climate Change ARMA Admin ESG & Climate Change ARMA Admin

The Development of the Indonesian Carbon Market after Presidential Regulation No. 98 of 2021: What’s Next?

Previously, we have highlighted the key points of PR 98/2021 in this ARMA Update. However, further technical provisions for the actual practice of carbon trading and result-based payment have yet to be addressed in the implementing regulation. This ARMA Update will address the aspects that need to be regulated in the Minister of Environment and Forestry implementing regulation.

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[PERPRES 98 Tahun 2021] – Presidential Regulation on Carbon Emission Economic Value
ESG & Climate Change ARMA Admin ESG & Climate Change ARMA Admin

[PERPRES 98 Tahun 2021] – Presidential Regulation on Carbon Emission Economic Value

The President of Indonesia has issued Presidential Regulation No. 98 of 2021 (Perpres 98 Tahun 2021) regarding the Implementation of Carbon Economic Value for Achieving Nationally Determined Contribution Targets and Control of Greenhouse Gas Emissions in National Development (“PR 98/2021”) on 29 October 2021. PR 98/2021 was signed by President Joko Widodo before he left for Glasgow to attend the 2021 United Nations Climate Change Conference (COP 26).

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