Jera, JGC Holdings, PLN sign MoU on CCS projects in Indonesia
SUMMARY
The three companies will consider the introduction of CCS at the Indramayu coal-fired power plant and the Tambak Lorok gas-fired power plant, both owned by PLN.
By Shardul SharmaJera, JGC Holdings Corp, and the Indonesian state electricity company PLN have signed a memorandum of understanding (MOU) on carbon capture and storage (CCS) projects at thermal power plants in Indonesia. Jera said on October 19.
The government of Indonesia has set the goal of achieving carbon neutrality by 2060, and decarbonising the electricity sector, which accounts for about 40% of the country's CO2 emissions, is an important issue.
The MoU stipulates that the three companies will consider the introduction of CCS at the Indramayu coal-fired power plant and the Tambak Lorok gas-fired power plant, both owned by PLN. They will study the potential of these sites as CCS projects by evaluating technical issues and business feasibility, investigating legal regulations, and identifying potential issues.
Jera will conduct market research related to CCS projects, evaluate feasibility, and research the legal system, while JGC will consider CCS storage technologies and estimate costs. PLN will provide data related to the power plants where the introduction of CCS is being considered and coordinate with related local organisations.
The study was selected for and will be subsidised by the Japanese government.
