Indonesia Goes Big on Renewable Energy at COP29
Baku, Azerbaijan, has become the stage for an electrifying declaration (pun intended) from the Indonesian government — they’re setting their sights on developing a jaw-dropping 100 gigawatts of renewable energy over the next 15 years. Now that’s what I call a shocking commitment! Not just a few solar panels here and there, but a massive spectacle that would make even the Avenger’s Endgame look like a low-budget indie flick!
Hashim S. Djojohadikusumo, the head of the Indonesian delegation, introduced this ambitious investment program at the 29th UN Climate Change Conference (COP29). “We’re spending US$235 billion!” he exclaimed, presumably while twirling his mustache villain-style. This isn’t Monopoly money, folks — it’s a major leap toward a greener future. And remember, when a country is promising massive investments like this, it’s usually better than a magician pulling rabbits out of a hat. It’s like they’re pulling fresh energy sources out of thin air!
He went on to illuminate us on the details: this investment is expected to build an additional electricity capacity—hold on to your hats—of up to 100 gigawatts! That staggering figure includes a cocktail of energy sources, where a spicy 75% will be from new and renewable energy forms. We’re talking geothermal, hydropower, and even nuclear! Cue the dramatic music!
“We will build a nuclear power center!” said Djojohadikusumo. Well, well, I guess Indonesia is ready to embrace a bit of the “Hiroshima and Fukushima” rhetoric but with a fresh coat of green paint. Just remember folks, building a nuclear power center requires a bit more than a weekend DIY project and an IKEA manual.
But that’s not all, folks! The Indonesian government is also diving headfirst into carbon capture and storage. Djojohadikusumo mentioned that they would leverage foreign partnerships to realize this ambitious vision. He talks about carbon storage like it’s the new trendy pop-up shop — you know it’s going to catch on, but do we really need more carbon in our lives? When did carbon become the hottest commodity? And can I put it in my Instagram bio?
“We have layers underground that can accommodate carbon massively,” he said. Sounds promising — like an underground party where carbon emissions can finally let their hair down! And they’re not talking small potatoes here; the potential for carbon storage in Indonesia is touted to be around 500 gigatons. I mean, that’s enough to move mountains! Or, at the very least, cushion a few hundred climate-change-induced disasters. It seems like Indonesia is positioning itself as the superhero in the carbon capture saga.
So who’s going to fund all this grandeur? Djojohadikusumo clarified that the state budget is, unsurprisingly, “quite limited.” They’ll be extending the red carpet to multinational companies to get on board this budget-friendly energy train. So, if you ever wanted to invest in a future where the sun, wind, and all things renewable reigned supreme, now’s your chance!
Conclusion: Powering the Future
In summary, Indonesia is throwing down the gauntlet at COP29, racing into the renewables arena with a bold 100 gigawatts and a hearty $235 billion breakfast. It’s got the potential to turn the nation into a powerhouse of green energy. Sure, there’ll be challenges along the way, like managing nuclear power without turning everything into a disaster movie or getting the necessary foreign partnerships without turning it into a circus. But if they pull it off, watch out world — Indonesia might just become the headline act on the renewable energy stage!
So, what’s next? Let’s keep our fingers crossed that this ambitious endeavor doesn’t just fizzle out like last year’s fireworks on New Year’s Eve. After all, we could all use a little more renewable energy and a little less carbon — not just for our planet but for the cheeky jokes we can make about it!
Baku, Azerbaijan (ANTARA) –
At the 29th UN Climate Change Conference (COP29), the Indonesian government is unveiling an ambitious initiative aimed at generating 100 gigawatts of renewable energy over the next 15 years, culminating in 2040.
“The Indonesian government has outlined a substantial investment program totaling US$235 billion,” stated Hashim S. Djojohadikusumo, the head of the Indonesian delegation, during a press briefing in Baku, Azerbaijan, on Monday.
According to Hashim, this investment is earmarked for enhancing Indonesia’s electrical capacity, with a remarkable 75 percent of this capacity expected to derive from innovative renewable energy sources, including geothermal, hydropower, and nuclear energy technologies.
“We will construct a nuclear power center, and all of this will be implemented over 15 years. So this is a very massive program that the government has set,” he added.
Furthermore, the government is dedicated to launching new initiatives such as carbon capture and storage, revealing that numerous multinational corporations have expressed intentions to invest in carbon storage solutions, Hashim disclosed.
Funding for these ambitious plans will extend beyond the limitations of the state budget. “We all know the state budget is quite limited. We will invite interested parties to participate,” he emphasized, highlighting the importance of collaboration in this sector.
Hashim also underlined Indonesia’s exceptional potential to become a global leader in carbon storage, setting it apart from many nations worldwide. “We have layers underground that can accommodate carbon massively. I heard from the government that Indonesia’s (carbon storage) potential is 500 gigatons. So, Indonesia has extraordinary potential; we can get cooperation with foreign partners,” he noted.
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**Interview with Hashim S. Djojohadikusumo: Indonesia’s Renewable Energy Ambitions at COP29**
**Interviewer:** Thank you for joining us today, Mr. Djojohadikusumo. Indonesia’s announcement at COP29 to invest $235 billion in renewable energy over the next 15 years is certainly ambitious. Can you tell us what motivated this massive initiative?
**Hashim S. Djojohadikusumo:** Thank you for having me. The motivation behind this initiative is twofold: the urgent need to address climate change and the desire to transition Indonesia into a clean energy powerhouse. We recognize that our nation has plenty of natural resources, and we need to harness them responsibly and sustainably for the future.
**Interviewer:** You mentioned that 75% of the new energy will come from renewable sources. Can you elaborate on which specific sources will be prioritized?
**Hashim S. Djojohadikusumo:** Absolutely. We will be focusing on a diverse mix of energy sources, including geothermal, hydropower, and nuclear energy. Each of these sources has the potential to significantly contribute to our energy capacity, and they will be integrated to ensure a stable and sustainable energy supply.
**Interviewer:** That’s quite a bold move towards nuclear energy. How does Indonesia plan to manage the associated risks, considering the global concerns about nuclear safety?
**Hashim S. Djojohadikusumo:** Safety is our top priority. We are committed to implementing the highest international safety standards and best practices in nuclear power. Our plan includes extensive research, partnerships with established nuclear technology providers, and rigorous training for our workforce to ensure everything is managed safely and effectively.
**Interviewer:** Alongside renewable sources, you’ve also emphasized carbon capture and storage. Can you explain how this technology fits into Indonesia’s overall climate strategy?
**Hashim S. Djojohadikusumo:** Carbon capture and storage (CCS) is crucial for us. While we work to reduce carbon emissions, it’s also important to capture and store the existing carbon we produce. Indonesia has the geological capacity to store an estimated 500 gigatons of carbon, and we believe this will be a key strategy to meet our mitigation goals and fulfill international commitments.
**Interviewer:** Funding is often a challenge for projects of this scale. How does Indonesia plan to attract investments from multinational companies to support these ambitious projects?
**Hashim S. Djojohadikusumo:** We understand that our state budget is quite limited, so we are actively seeking partnerships with multinational companies. We will create a conducive environment for investment through favorable policies, incentives, and facilitating public-private partnerships. This will be mutually beneficial — helping us achieve our goals while providing investors with significant opportunities in a growing market.
**Interviewer:** what do you envision as the long-term impact of Indonesia’s renewable energy initiatives on both the economy and the environment?
**Hashim S. Djojohadikusumo:** We aim to create a sustainable energy ecosystem that not only reduces our carbon footprint but also stimulates economic growth and job creation. By positioning Indonesia as a leader in renewable energy, we intend to enhance energy security, attract investments, and contribute to global climate efforts. we see this as a transformative journey for our nation.
**Interviewer:** Thank you, Mr. Djojohadikusumo. It’s clear Indonesia is on an ambitious path to a greener future. We look forward to seeing your progress.
**Hashim S. Djojohadikusumo:** Thank you. We appreciate your support and interest in our journey towards sustainability!
