PLN Strengthens Carbon Market Ambitions with Energy Transition Investments
Indonesian state-owned power company PT PLN (Persero) is advancing plans for a national carbon market aligned with global standards, announced at COP30 in Belém, Brazil. The company aims to increase renewable energy capacity and enhance market transparency.
PT PLN (Persero), Indonesia's state-owned electricity company, has reinforced its commitment to the nation's decarbonization efforts by advancing the development of a national carbon market designed to meet global standards. The company detailed its strategy during a panel discussion at COP30 in Belém, Brazil, emphasizing enhanced integrity, transparency, and interoperability with international systems.
Eddy Soeparno, Deputy Speaker of the People's Consultative Assembly of Indonesia, highlighted that achieving sustained low-carbon economic growth hinges on regulatory consistency and broad stakeholder collaboration. He positioned COP30 as a critical opportunity for Indonesia to demonstrate its readiness to establish a credible regional carbon ecosystem.
Ignatius Wahyu Marjaka, Director of Carbon Economic Value Governance at the Ministry of Environment, confirmed that Indonesia has implemented strategic measures aligning with international carbon trading standards. These include bilateral agreements with partner countries and the development of integrated trading platforms.
Evy Haryadi, PLN's Director of Technology, Engineering, and Sustainability, stated that Indonesia possesses significant potential for a robust carbon ecosystem, with PLN acting as a catalyst. The company's 2025–2034 Electricity Supply Business Plan targets an addition of 52.9 GW of renewable energy, potentially generating up to 250 million tons of green attributes. PLN assured that all carbon credit issuances will adhere to global standards and high-integrity principles.