The Just Energy Transition Partnership (JETP), which The Government of Indonesia (GoI) aims to use the deals with a total financial commitment of USD 21.5 power sector, particularly through the National Electricity billion, is expected to reduce the gap in renewable Plan (Rencana Umum Ketenagalistrikan Nasional/RUKN), energy financing in Indonesia. [...] The KEN 2014 laid electricity system in Indonesia, as well as regulate the the foundation for renewable energy target in the primary utility business through the RUKN 2019-2038. [...] As a result, it is difficult One reason is that the achievement of RE development in to increase the electricity tariff as the government must Indonesia depends on economic feasibility as reflected also ensure its affordability to consumers, particularly in the KEN and RUKN documents. [...] process.20 The preparation of project feasibility and risk CLIMATE POLICY IMPLEMENTATION CHECK 2023 | POLICY ASSESSMENT: RENEWABLE ENERGY DEVELOPMENT IN INDONESIA’S POWER SECTOR POLICY ASSESSMENT OF RUKN 2019-2038 12 A VARIETY OF SOLUTIONS NEED TO BE IMPLEMENTED TO FILL THE GAPS IN RENEWABLE ENERGY DEVELOPMENT As there are multiple layers of gaps that challenge the and potential. [...] In the period of 2017 to 2022, the share of coal in the electricity generation rose from 58.4% to 67.2%.22 The capacity addition of coal-fired power plants has also sharply risen in the last decade, from 13 GW in 2010 to around 37 GW in 2020.
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