With the existing renewable energy reserves, Indonesia could become an important contributor to the development of green hydrogen. The event will be held online via Zoom on 24 May 2022 | 2PM - 4.30PM Jakarta Time | 9AM - 11.30AM CEST
BACKGROUND
Indonesia is still increasing its efforts to reduce the use of fuels derived from fossil energy. Through the ratification of the Paris Agreement, Indonesia is committed to reducing greenhouse gas emissions by 29% with its own efforts and 41% with international assistance according to the NDC (Nationally Determined Contribution).
Based on the climate change convention, the government has an obligation to reduce carbon emissions in the forestry sector by 17.2%, in the energy sector by 11%, in the waste sector by 0.32%, in the agricultural sector by 0.13%, in the industrial and transportation sectors by 0.11%. Green hydrogen can play a major part and as a solution to decarbonization issue in Indonesia. However, until now the development of green hydrogen in Indonesia is still in the early stage and does not have access on a commercial scale.
Germany has decided to invest in green hydrogen. Until 2030 up to 5 GW or green hydrogen electrolysis capacity shall be built. Further, the German government expects to have a demand for energy from green hydrogen equivalent to 90-110 terawatt hours. To achieve this goal, Germany will need to import green hydrogen from other producing countries. In-line with its overall goal of reducing the reliance of fossil fuels, Germany encourages and supports green hydrogen projects world-wide.
With the existing renewable energy reserves, Indonesia could become an important contributor to the development of green hydrogen. The Indonesian government encourages the development of green hydrogen in the country. As a result, the industry has started to evaluate the application of green hydrogen in Indonesia. First feasibility studies and pilot projects are in the making using geothermal and photovoltaic energy. A dedicated regulation is in discussion, but not available yet. Policymakers are not yet familiar with this new technology.
To further promote the development and the prospects of green hydrogen in Indonesia, especially to potential domestic and international investors, more information is needed e.g., regarding the business potential, relevant stakeholders, applicable regulations and financing opportunities are needed. Through its soon to be launched Hydrogen Indonesia online platform, EKONID will contribute to the need for more information.
To further raise awareness and to enable a direct exchange with and between experts from both countries an (online) seminar shall be organized.