Jakarta, CNBC Indonesia – The Coordinating Minister for the Economy (Minister of Economic Affairs) Airlangga Hartarto said that Indonesia received funding commitments worth US$ 20 billion from the countries that are members of the G7.
The funding will actually be used by Indonesia as a way to make an energy transition.
The Coordinating Minister for the Economy, Airlangga Hartarto said, one of the things that would be carried out was cooperation with Japan. Where, he will exchange his Steam Power Plant (PLTU) with renewable energy or new and renewable energy (EBT).
“The funds are US$ 20 billion, so these CEOs really want this to be realized. This is a project from Japan of several trading houses, to exchange their PLTU for hydro or for some technology,” he explained in the 2023 Economic Outlook with the theme “Maintaining Economic Momentum Amidst Uncertainty” at Hotel St. Regis, Jakarta, Tuesday (28/2/2023).
Not only that, to support the energy transition, Indonesia is also pushing for studies regarding the development of Mini Nuclear Power Plants and the development of Blue Ammonia or ammonia which is processed through the carbon capture storage (CCS) stage.
Source: CNBC Indonesia