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Escort Target Net Zero Emission 2060 CEO of Pertamina Subholding Power & New Renewable Energy Visits PGE Area Kamojang & Karaha

The Board of Directors of PT Pertamina Power Indonesia (PPI) as Subholding Power & New Renewable Energy (PNRE) oversees the Net Zero Emission 2060 target by conducting a Management Walkthrough (MWT) to PT Pertamina Geothermal Energy (PGE) Kamojang Area and Karaha Area (17/1)

The PNRE subholding has a vision to support the Government in realizing Net Zero Emission by 2060 and the mission is to become the leader of energy transition in Pertamina with 3 important pillars, the first pillar is developing Low Carbon Solutions energy by optimizing gas into electric power and decarbonization, the second pillar is New & Renewable Energy which includes Geothermal energy, Solar, Hydro, Biomass & Biogas, Wind & Tidal, Waste, and the last pillar is Future Businesses, namely energy produced by Battery, Hydrogen, Carbon Market, and Green Industrial Complex.

Director of Subholding PNRE Dannif Danusaputro, explained that Pertamina NRE will be Pertamina's future and to support the 2060 Net Zero Emission target.

"Carbon emissions, if not controlled, will experience extreme temperature increases, and the earth will no longer be able to carry out its functions, so Indonesia has expressed support such as in the Paris Agreement to reduce carbon emissions, and has even become Law (UU) no. 16 of 2016 concerning Ratification of the Paris Agreement To The United Nations Framework Convention On Climate Change or the Paris Agreement on the United Nations Framework Convention on climate change which was legalized on October 24, 2016,” said Dannif.

On the same occasion, PGE President Director Ahmad Yuniarto (AY) added that efforts to reduce carbon emissions are not only in Indonesia, but the whole world has agreed to decarbonize.

"Indonesia through Pertamina NRE has carried out decarbonization initiatives, for example geothermal which is a new renewable and environmentally friendly energy and is the backbone of clean energy which has the second largest geothermal reserves in the world after the United States," added Ahmad Yuniarto.

Ahmad Yuniarto explained, in running its business, PGE continues to be committed to geothermal development and ensures the implementation of Environment, Social, and Governance (ESG) to become an integrated part of PGE's geothermal business. The implementation of these ESG aspects is an effort to provide added value and support PGE to government programs related to the use of new, renewable energy that is environmentally friendly, especially geothermal.

In addition, the development of geothermal energy supply carried out by PGE is also a form of PGE's support and commitment in achieving sustainable development, especially the 7th goal (clean and affordable energy), 12 (responsible construction and production), 13 (climate change management), and 15 (land ecosystems) in the SDGs (Sustainable Development Goals).

Pertamina NRE at a glance

Pertamina NRE is actively exploring strategic cooperation with other parties in order to support energy transition efforts. Recently, Pertamina NRE also signed a memorandum of understanding with PT Pembangkitan Jawa Bali (PJB) regarding synergies in clean energy supply projects both at home and abroad, such as the potential use of hydropower for green hydrogen. Through the energy transition, Pertamina supports the government's target of realizing net zero emissions by 2060.

PT Pertamina Geothermal Energy at a glance

PGE currently manages 13 Geothermal Working Areas, in which 1877 MW of geothermal power has been generated, consisting of 672 MW operated by PGE alone and 1205 MW managed through Joint Operation Contracts. Geothermal installed capacity in PGE's working areas contributes about 88% of the total installed geothermal capacity in Indonesia, with the potential to reduce CO2 emissions of around 9.7 million tons of CO2 per year.

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