ASIATODAY.ID, JAKARTA – The energy and climate think tank EMBER reports that the growth of solar and wind power will push world renewable energy electricity beyond 30% for the first time in 2023. However, EMBER sees that the growth of renewable energy in Indonesia is not as high as the global trend, with only 20% of electricity comes from renewable energy.
The 2024 Global Electricity Review annual report released by EMBER states that since 2000, renewable energy-based electricity in the world has increased from 19% to more than 30%. This condition is driven by an increase in the use of solar and wind power from 0.2% in 2000 to 13.4% in 2023.
Thanks to this, the intensity of CO2 emissions from global power plants will reach a record low in 2023 or 12% lower than the peak global CO2 intensity in 2007.
“A future based on renewable energy is now starting to become a reality. “Solar power, in particular, is growing at an unprecedented pace,” said EMBER Asia Program Director Aditya Lolla in his statement, Wednesday, May 8 2024.
Despite the increase in global use of renewable energy, EMBER assesses that Indonesia has not experienced similar growth.
Solar and wind electricity generation in Indonesia will only reach 0.2% in 2022. In fact, ASEAN countries such as Vietnam have achieved 13% of electricity from solar and wind power in 2023.
“As the world competes to adopt renewable energy, Indonesia cannot be left behind compared to Vietnam and India. “Companies and investors are increasingly demanding the availability of clean energy for their investments,” said Managing Director of the Energy Shift Institute Putra Adhiguna.
Solar power is becoming a major supplier of electricity growth worldwide, generating twice as much additional power as coal by 2023. Solar power maintained its status as the world’s fastest growing electricity source for 19 consecutive years, surpassing wind power, and making it the world’s fastest growing source of electricity. the largest new electricity for 2 years in a row.
In the EMBER report, the rapid growth of solar and wind power is bringing the world to a crucial turning point, where fossil-based electricity generation is declining globally, projected to fall by 2% by 2024.
In addition, the predicted growth in electricity from energy sources gives confidence that a new era of reducing electricity sector emissions will soon begin. The growth of clean electricity has helped slow the growth of fossil electricity by almost two-thirds in the last 10 years. Because of this, half of the world’s economy has passed the peak of fossil energy production in the last five years.
However, Indonesia has not yet reached peak emissions in its electricity sector.
According to EMBER’s renewables target tracker, the Just Energy Transition Partnership (JETP) proposes that 44% of electricity generation in Indonesia come from renewable energy by 2030. However, this depends on the mobilization of JETP funds in the coming year, to realize the proposed projects in the comprehensive investment and policy plan (CIPP).
“We are witnessing change at the global level, and Indonesia’s new government needs to consider the macro implications and opportunities of the energy transition, going beyond the traditional fixation on narrow cost-benefit figures from power grid operators,” said Putra. (AT Network)
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