IESR and CGS Develop Early Coal Phase-Out Plan
A recent analysis by the Institute for Essential Services Reform (IESR) and the Center for Global Sustainability (CGS) showed that Indonesia can decommission all coal-fired power plants (PLTU) by 2045 with the help of international funding. In total, Indonesia must stop operating 72 coal-fired power plants, reduce coal-based power generation by 11 percent over the next eight years, and ramp up the number of decommissioned plants to 90 percent before 2040.
"Our analysis finds that through a just coal transition, Indonesia can take critical actions now that will set the country up for an accelerated retirement and stronger international climate commitments before COP27," Ryna Cui of CGS University of Maryland revealed in a statement on Wednesday. She is a co-author of a paper entitled Financing Indonesia's Coal Phase-out: A Just and Accelerated Retirement Pathway to Net-Zero.