PLN, Indonesia’s State–Owned Electricity Company Signs MoU with GEAPP to Accelerate Country’s Just Energy Transition

Dubai – December 3, 2023 – Today at COP28, PT Perusahaan Listrik Negara (Persero) (PLN), Indonesia’s State-Owned Electricity Company and the Global Energy Alliance for People and Planet (GEAPP) officially signed a Memorandum of Understanding (MoU). It sets out a practical cooperation framework to advance Indonesia’s just energy transition and net zero goals with technical assistance from GEAPP.

The MoU was signed by Darmawan Prasodjo, Chief Executive Officer, PLN, and Sundaa Bridgett-Jones, VP – Americas and Chief Partnerships Officer, GEAPP. This significant milestone underscores Indonesia’s commitment to reduce its greenhouse gas (GHG) emissions by 31.89% with national efforts or by 43.2% with international support by 2030.

Working alongside the PLN, GEAPP will provide technical studies and analyses in areas focused on accelerating the transition away from traditional fuels, diesel conversion, and deployment of renewable energy projects, electric vehicle infrastructure, and other projects contributing to achieving net zero as stated in the COP26 commitments.

PLN has committed to achieve net zero emission and became the leader in Indonesia’s just energy transition.” said PLN’s President Director, Mr. Darmawan Prasodjo. PLN affirm its commitment in decarbonizing by cancelling 13.3 GW of planned CFPP, terminating power purchase agreement of 1.3 GW CFPP, and halting new development of CFPP. PLN also take leadership in developing electric vehicle ecosystem, implementation of carbon trading, and pioneering green hydrogen development as a way of supporting Indonesia’s effort to transition towards clean energy technology. “PLN acclaims this leadership responsibility and embrace global collaborations in the process. Working together with GEAPP signifies PLN’s commitment to clean energy and exemplifies collaborative actions taken by PLN to accelerate energy transition in Indonesia,” added Mr. Darmawan.

The MoU reinforces Indonesia’s ambitious energy transition program, building upon the commitments it made during COP26. Additionally, it aligns with the signing of the Just Energy Transition Partnership (JETP) at the G20 meeting in November 2022, collaborating with the International Partnership Group (IPG) comprising the governments of the US, Japan, Canada, France, Germany, Italy, United Kingdom, Denmark and Norway.

Kitty Bu, Vice President – Southeast Asia, GEAPP commented, “PLN and GEAPP stand together at this opportune juncture at COP28 to advance Indonesia’s energy transition ambitions. Together, we will strive to ensure reliable access to clean energy for the country. This MoU is a testimony to our belief that this transition should be people-positive, i.e. driving clean energy while creating new opportunities for livelihoods and sustainable growth.”

According to Lucky Nurrahmat, Indonesia Country Lead at GEAPP, this MoU is another step forward in GEAPP’s ongoing collaborative work with the Indonesian government. In March 2023, GEAPP signed a MoU with the country’s Ministry of Energy and Mineral Resources (MEMR) where GEAPP supports the advancement of Indonesia’s JETP plan by delivering capacity building, knowledge sharing, and analysis of the acceleration of coal decommissioning.

In its steadfast commitment to advancing people-positive energy transition in emerging economies, GEAPP acknowledges the significance of this partnership with PLN. This is an expansion of GEAPP’s efforts in bringing together stakeholders towards the resolution of the challenge of climate change.

About Global Energy Alliance for People and Planet (GEAPP):
The Global Energy Alliance for People and Planet (GEAPP) is an alliance of philanthropy, governments in emerging and developed economies, and technology, policy, and financing partners. Our common mission is to enable LMIC’s shift to a clean energy, pro-growth model that accelerates universal energy access and inclusive economic growth, while supporting the global community to meet critical climate goals during the next decade. As an alliance we aim to reduce 4 gigatons of future carbon emissions, expand clean energy access to one billion people, and enable 150 million new jobs. With philanthropic partners, IKEA Foundation, The Rockefeller Foundation, and Bezos Earth Fund, GEAPP works to build the enabling environment, capacity, and market conditions for private sector solutions, catalyze new business models through innovation and entrepreneurship, and deploy high-risk capital to encourage private sector solutions, and assist just transition solutions.

For more information, please visit www.energyalliance.org and follow us on Twitter at @EnergyAlliance.

About PLN:
PT PLN (Persero) is a state-owned electricity company that continues to be committed and innovative in carrying out a mission to illuminate and move the nation. With a vision to become the leading electricity company in Southeast Asia, PLN is moving towards becoming the number one choice for energy solutions. PLN is committed to transformation with aspirations of being Green, Lean, Innovative, and Customer Focused to provide electricity for a better life. PLN can be contacted through the PLN Mobile application available on the PlayStore or AppStore.