ASEAN NOW Content Team Posted August 25, 2021 Share Posted August 25, 2021 (edited) The Asian Development Bank (ADB) is working on a financing strategy to buy coal-fired power stations (PLTU) in Indonesia and retire them early, in the hopes of speeding up the country's energy transition. A pre-feasibility study on the project, dubbed the Energy Transition Mechanism, is currently being completed by the ADB, the state-owned energy monopoly PLN, and other partners (ETM). A system analysis, plant modelling, and a regulatory and policy assessment are all part of the preliminary study. It will be followed by a comprehensive feasibility study. “ADB is cooperating with its longstanding and valued partner PLN and other local stakeholders throughout the process to establish the best path forward for ETM in Indonesia,” ADB senior energy expert David C. Elzinga told The Jakarta Post on Aug. 16. Edited August 25, 2021 by ASEAN NOW Content Team Link to comment Share on other sites More sharing options...
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