Indonesia plans to phase out all fossil fuel power plants in the next 15 years
The Indonesian government recently announced plans to phase out all coal and other fossil fuel power plants over the next 15 years, while building over 75 gigawatts of renewable energy capacity during this period.
At the 29th United Nations Climate Change Conference (COP29), the Indonesian government announced that it will invest $235 billion over the next 15 years to develop 100 gigawatts of new energy, of which 75% will be renewable energy.
Of the 90 GW installed power generation capacity in Indonesia, coal power generation accounts for a large proportion, with less than 15% coming from renewable energy.
According to data from global energy think tank Ember, Indonesia's dependence on coal has increased in recent years, reaching a record high of 61.8% last year.