President Prabowo’s fossil power phase out vision requires more robust clean energy targets and investment

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🇮🇩 Versi Bahasa Indonesia tersedia di bawah

By Lauri Myllyvirta, Lead Analyst, CREA; Katherine Hasan, Analyst, CREA

Photo credit: PMI Setpres/Laily Rachev

The Centre for Research on Energy and Clean Air (CREA) applauds President Prabowo’s initiative of targeting a phase-out of fossil fuels in power generation by 2040 as a significant step forward in Indonesia’s ambition on reducing greenhouse gas emissions, tackling air pollution, and attracting investment. A major increase in clean energy investments and targets is needed to make this vision a reality — the target of adding 75 GW of renewable energy by 2040 falls far short of what’s needed to replace coal, oil, and gas in power generation over this period.

The inauguration of President Prabowo Subianto on 20 October 2024 marks the beginning of a new era for Indonesia, with a focus on realising 8% economic growth for the nation. Within just one…

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