{"id":1181,"date":"2022-08-17T11:01:11","date_gmt":"2022-08-17T03:01:11","guid":{"rendered":"http:\/\/www.hajomech.com\/indonesia-has-potential-to-lead-in-shippings-energy-transition\/"},"modified":"2022-08-17T11:01:11","modified_gmt":"2022-08-17T03:01:11","slug":"indonesia-has-potential-to-lead-in-shippings-energy-transition","status":"publish","type":"post","link":"http:\/\/www.hajomech.com\/indonesia-has-potential-to-lead-in-shippings-energy-transition\/","title":{"rendered":"Indonesia has Potential to Lead in Shipping\u2019s Energy Transition"},"content":{"rendered":"
\n

As the shipping industry looks for future sources of alternative fuels and <\/p>\n

emerging nations look to the opportunities being created by the new fuel <\/p>\n

industry, a new report suggests that Indonesia has the opportunity to take a <\/p>\n

leadership role. Published by the P4G-Getting to Zero Coalition Partnership, the <\/p>\n

report finds that Indonesia has several opportunities to leverage the global <\/p>\n

transition to zero-emission marine fuels toward key national objectives. <\/p>\n

However, achieving this will require targeted action to unlock these <\/p>\n

opportunities.<\/p>\n

\"Indonesia<\/p>\n

\u201cThe increasing momentum behind international maritime decarbonization <\/p>\n

holds huge potential for countries like Indonesia,\u201d said Ingrid Sidenvall Jegou, <\/p>\n

Project Director at Global Maritime Forum. \u201cTo better realize this opportunity <\/p>\n

and signal strong public buy-in, Indonesia should seek to leverage its influence <\/p>\n

in international negotiations, particularly drawing on its role as the host of <\/p>\n

the G20 later this year, in addition to COP27 and upcoming IMO <\/p>\n

negotiations.\u201d<\/p>\n

<\/p>\n

With over 17,000 islands, GMF says that Indonesia is intrinsically tied to <\/p>\n

the maritime industry, with many small vessels making up the domestic fleet, in <\/p>\n

addition to a high volume of international traffic passing through Indonesian <\/p>\n

waters. Maritime activities contribute massively to Indonesian society and the <\/p>\n

economy, with there being a strong potential to leverage these activities to <\/p>\n

decarbonize other industrial activities and support wider economic <\/p>\n

development.<\/p>\n

<\/p>\n

Traditional Indonesia\u2019s neighbor Singapore has been the world\u2019s leading <\/p>\n

bunker port. Positioned on one of the major sea lanes the city-state has long <\/p>\n

been the leader in supplying fuel to passing ships, but the report argues that <\/p>\n

by establishing green hubs, Indonesia can cement its position as a key maritime <\/p>\n

axis, creating new revenue streams from SZEF exports and bunkering and improving <\/p>\n

access to import and export markets.<\/p>\n

<\/p>\n

\u201cIdentifying strategic opportunities for renewable energy production in <\/p>\n

emerging and developing economies, like Indonesia, is central to enabling a just <\/p>\n

and equitable transition for international shipping,\u201d says Margi Van Gogh, Head, <\/p>\n

Supply Chain and Transport at the World Economic Forum. \u201cBy scaling its <\/p>\n

renewable energy potential, Indonesia could decarbonize domestic industry and <\/p>\n

aid the broader shipping energy transition \u2013 a pathway that could enable <\/p>\n

Indonesia to become a leading producer and supplier of sustainable zero-emission <\/p>\n

fuels, create new sustainable jobs, and contribute to economic growth.\u201d<\/p>\n

<\/p>\n

They estimate that the development of scalable zero-emission fuel <\/p>\n

infrastructure could lead to an investment of between $3.2 to $4.5 billion by <\/p>\n

2030. This is in addition to the potential development of other industries, <\/p>\n

expertise, environmental protection benefits, and R&D emanating from the <\/p>\n

decarbonization of maritime shipping and the adoption of SZEF.<\/p>\n

<\/p>\n

After consultation with key Indonesian stakeholders, the report names three <\/p>\n

key opportunities including the possibility of establishing Kalimantan as a <\/p>\n

bunkering hub, the electrification of the small boat fleet, and a <\/p>\n

decarbonization hub powered by geothermal activities.<\/p>\n

<\/p>\n

However, the report also concludes that essential to unlocking these <\/p>\n

opportunities is a facilitative policy and financial framework capable of <\/p>\n

effectively motivating and convening key actors across sectors and value chains. <\/p>\n

Presently, Indonesia benefits from its existing policy frameworks in the field <\/p>\n

of maritime, energy and climate policy, however, more work is needed to <\/p>\n

coordinate policies more specifically around the maritime decarbonization <\/p>\n

opportunity.<\/p>\n

<\/div>\n<\/div><\/div>\n","protected":false},"excerpt":{"rendered":"

As the shipping industry looks for future sources of alternative fuels and emerging nations look to the opportunities being created by the new fuel industry, a new report suggests that Indonesia has the opportunity to take a leadership role. Published by the P4G-Getting to Zero Coalition Partners…<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"hj_lang":[3],"class_list":["post-1181","post","type-post","status-publish","format-standard","hentry","category-uncategorized"],"_links":{"self":[{"href":"http:\/\/www.hajomech.com\/wp-json\/wp\/v2\/posts\/1181","targetHints":{"allow":["GET"]}}],"collection":[{"href":"http:\/\/www.hajomech.com\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"http:\/\/www.hajomech.com\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"http:\/\/www.hajomech.com\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"http:\/\/www.hajomech.com\/wp-json\/wp\/v2\/comments?post=1181"}],"version-history":[{"count":0,"href":"http:\/\/www.hajomech.com\/wp-json\/wp\/v2\/posts\/1181\/revisions"}],"wp:attachment":[{"href":"http:\/\/www.hajomech.com\/wp-json\/wp\/v2\/media?parent=1181"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/www.hajomech.com\/wp-json\/wp\/v2\/categories?post=1181"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/www.hajomech.com\/wp-json\/wp\/v2\/tags?post=1181"},{"taxonomy":"hj_lang","embeddable":true,"href":"http:\/\/www.hajomech.com\/wp-json\/wp\/v2\/hj_lang?post=1181"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}