Indonesia to abandon 23% renewable energy target by 2025

Indonesia is planning to slash the targeted share of renewables in the national energy mix, a move seen by experts as a step back in the country’s ambition toward clean energy, while signaling its light-hearted attempt to part ways with fossil fuels.

Indonesia Allocates Rp186.9tn for Energy Subsidy Budget in 2024

The Ministry of Energy and Mineral Resources (ESDM) is allocating Rp186.9 trillion for this year’s energy subsidy budget. Minister Arifin Tasrif said the budget Rp113.3 trillion is allocated for subsidizing fuel oil and LPG, and Rp73.6 trillion goes for electricity subsidies.