A Just Energy Transition for a Hydrocarbon Rich Sids

Singh, Randy Ramadhar; Clarke, Ricardo M.; Chadee, Xsitaaz T.

doi:10.2139/ssrn.4273475

Cited by 1 publication

(1 citation statement)

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“…A just energy transition framework enables a country to evaluate its energy policy and progress towards low-carbon goals in NDC commitments to the Paris Agreement [37]. Despite numerous studies on Indonesia's energy system, comprehensive research of energy system modelling that incorporates the latest ratified policies and targets such as Enhanced NDC and JETP with a cost optimisation approach appear to have not yet been fully explored.…”

Section: Literature Reviewmentioning

confidence: 99%

Reducing Fossil Fuel Dependence and Exploring Just Energy Transition Pathways in Indonesia Using OSeMOSYS (Open-Source Energy Modelling System)

Hersaputri,

Yeganyan,

Cannone

et al. 2024

Climate

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Indonesia’s commitment to the Paris Agreement and its Nationally Determined Contribution (NDC) is not adequately reflected in the significant CO2 emissions from fossil-fuel-intensive energy sectors, despite the enormous potential of renewable energy sources in the country. The ongoing coal regime has led to electricity oversupply and air pollution problems. Despite the huge challenges for Indonesia, a just energy transition away from fossil fuel is crucial. This study aims to explore the ideal energy mix and key emission reduction pathway in Indonesia in achieving a just energy transition using the least-cost optimisation energy modelling tool OSeMOSYS. Six scenarios are modelled over the period 2015–2050 including coal phase-out, NDC, the Just Energy Transition Partnership (JETP), and carbon tax implementation. The results highlight that solar power, geothermal power, and hydropower are the alternatives for coal decommissioning. Despite the large-scale investment in renewable energy under the NDC and JETP scenarios, emissions could be reduced by 55% and 52%, respectively, by 2050. Moreover, Indonesia’s current carbon tax rate will not lead to a significant emission reduction. Three recommended policies include (1) accelerating CFPP retirement; (2) imposing an aggressive carbon tax rate; (3) prioritising investment in solar technologies.

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Section: Literature Reviewmentioning

confidence: 99%