Indonesia Plans to Retire First Coal-Fired Power Plant in Energy Transition Scheme

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Researched by Industrial Info Resources (Sugar Land, Texas)--A plan to retire the 660-megawatt Kanci Coal-Fired Power Station in Indonesia continues to push forward.

PT PLN (Persero) (Kebayoran Baru, Jakarta, Indonesia) has received support from the Asian Development Bank (ADB) (Mandaluyong, Philippines) for the early retirement of the plant via Indonesia's Energy Transition Mechanism scheme.

PT PLN has signed a memorandum of understanding with ADB agreeing to explore the early retirement of the Kanci plant by 2025. The facility is owned by Cirebon Electric Power (Jakarta, Indonesia).

The aim of the early retirement of the plant is to significantly reduce carbon dioxide emissions, with the goal of ultimately achieving similar closures across Indonesia.

Sri Mulyani Indrawati, Indonesia's minister of finance, said that Indonesia has a big commitment to addressing climate change by implementing an energy transition. The Indonesian government launched the Energy Transition Mechanism for various parties to be involved in clean-energy projects, and to provide transparency for investors, international donor agencies and the private sector regarding clean energy projects in Indonesia.

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