Pertamina NRE's Ambitious Clean Energy Targets in Indonesia
Key Ideas
  • Pertamina NRE plans to invest $6.2 billion to achieve clean energy targets by 2029, including 6 GW of clean energy-based power plants.
  • The company aims to produce 7,000 tons of clean hydrogen annually, along with bioethanol and battery capacity for electric vehicles.
  • Pertamina NRE also targets selling 19.2 million tons of CO2 equivalent carbon credits as part of its 2029 plan.
  • By focusing on low-carbon businesses, Pertamina NRE's expansion supports Indonesia's energy transition and national energy security goals, aligning with the government's NZE 2060 target.
Pertamina NRE, a unit of Indonesia's state-owned energy company Pertamina, has announced a $6.2 billion investment to achieve its clean energy targets by 2029. The company aims to have 6 gigawatts of clean energy-based power plants by that year, with a focus on gas to power and renewable energy sources like geothermal, solar, and biogas. Additionally, Pertamina NRE plans to produce 7,000 tons of clean hydrogen annually, along with bioethanol and a significant battery capacity for electric vehicles. Pertamina NRE's goals also include selling 19.2 million tons of CO2 equivalent carbon credits as part of its 2029 plan. The company's focus on low-carbon businesses not only contributes to Indonesia's energy transition and national energy security but also aligns with the government's Net Zero Emissions (NZE) 2060 target. With a strong emphasis on developing sustainable energy solutions, Pertamina NRE's expansion signifies a positive step towards a greener and more environmentally conscious future for Indonesia.
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