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View all search resultsExperts say that finalizing a deal on the proposed Cirebon 1 early retirement pilot project was key to getting other operators of coal-fired power plants to sign on to the government's Energy Transition Mechanism (ETM) program.
Experts say the coalition of donor countries' reluctance to fund coal plant retirements could undermine the success of the Just Energy Transition Partnership (JETP) Indonesia, signed in November 2022.
The Suralaya power plant in Cilegon, Banten, is one of the largest coal-fired power plants in Southeast Asia with a total installed capacity of 3,400 megawatts and 35,000 tonnes of estimated daily coal consumption.
The Just Energy Transition Partnership (JETP) has suggested that emissions reductions from the early retirement of coal-fired power plants be marketed as carbon credits, and that funds be provided to facilitate the program.
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