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View all search resultsChina is currently leading the energy transition in terms of competitive advantage as the Middle East crisis exposes the deep divide between petrostates and electrostates, and although Europe has begun to strategize its shift to clean power, sustained financing remains a crux.
The state-owned railway operator and state-owned electricity company are slated to begin work in May on a nationwide project to expand railway electrification, with routes extending from Jakarta to nearby Banten and West Java.
Bluebird CEO Adrianto Djokosoetono spoke to The Jakarta Post’s Ni Made Tasyarani about how the company is navigating headwinds over rising fuel costs while trying to preserve customers’ purchasing power.
Shifting from fuels to electricity for powering households and transportation is a logical response to Indonesia’s dependence on energy imports amid the Mideast crisis, but experts say the success of electrification hinges on sustained policy support.
Industry observers and experts say that, while the decision to extend the LCGC program to 2031 could help in the short term, the government needs to come up with a road map to secure the country’s electrification push for the long term.
Recent data from the energy ministry show that the COVID-19 health crisis and related restrictive policies have severely impacted the country's 2020 electrification plans and investment realization.
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