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As per Minister of Finance, Sri Mulyani Indrawati PT Pertamina (Persero) is an important player in achieving Net Zero Emissions by 2060 of the Government of Indonesia. PT Pertamina (Persero) is the largest Indonesian State-Owned Enterprise (SOE) in the energy sector.
“As an energy company, Pertamina has a big responsibility to be a pillar of achieving net-zero emissions,” she said.
Sri Mulyani said that there is greater responsibility for carbon emitters than others and energy sector is constantly working for reducing carbon emissions.
Forestry and other land use (FoLU) is anticipated to reduce the carbon emissions by 700 million tons of CO2e for IDR 90 trillion to fulfill the emission reduction target of 41% by 2060. Energy sector is expected to reduce 450 million tons of CO2e up to IDR 3,500 trillion.
“It is very different. Energy is a costly sector. However, it is important for the people, and it is important to reduce C02 after FoLU,” said Sri Mulyani.
Ego Syahria, the Secretary-General of the Ministry of Energy and Mineral Resources, said the country is determined towards reducing its greenhouse gas emissions by 314 million CO2e from the energy sector and 466 million tons of CO2e with international assistance.
“On behalf of the Ministry of Energy and Mineral Resources, we appreciate Pertamina for starting Solar Power Plants (PLTS) utilization, either through the Green Energy Station program at petrol stations, installation in office buildings, and other facilities,” he said.
Iman Rachman, Director of Strategy, Portfolio, and Business Development (SPPU) of PT Pertamina (Persero) said that Pertamina will play an important role as it is the largest state-owned enterprise of the country and it can boos the energy transition process. The company also supports the government in taking necessary steps.
“To support Indonesia in realizing net-zero emissions, Pertamina has targeted to reduce carbon emissions to 81.4 million tons of CO2e by 2060,” he said.
Pertamina planned an energy transition through Company’s Long Term Plan (RJPP) 2020-2024 by reducing carbon emissions by 29% by 2030. Until 2020, the company has reduced 27.07% which is much more than national target of 26%.
There are 8 pillars for energy transitioning of the company including generating environmentally-friendly fuels, development of green hydrogen, and others.
Pertamina also takes a strategic role in the production and development of the battery ecosystem in Indonesia. Pertamina is also committed to strengthening integrated gasification, helping our customers in the transportation, household, and industrial sectors to reduce emissions. In power generation, he stated that this SOE also increases new, renewable, and low-carbon energy utilization, thus reducing our carbon footprint.
“We are also developing carbon capture, utilization, and storage (CCUS) by utilizing carbon to increase production in several oil and gas fields as well as being a focus in implementing green energy in the company,” he concluded.