Japan’s LNG trading giant and power generation firm, Jera, said that its unit in Indonesia has started full-scale operations.
Jera established PT JERA Energi Indonesia in Jakarta to serve as its base of operations in Indonesia.
According to a statement by Jera, with its healthy economic growth and steadily increasing electrification rate, Indonesia is expected to see continued increases in its demand for electricity.
At the same time, because Indonesia is highly reliant on coal-fired thermal power generation, there is concern that its growing demand for electricity will lead to higher emissions of greenhouse gases, Jera said.
Achieving both a stable supply of electricity to sustain economic growth and decarbonization is a “major challenge”, the joint venture of Tepco and Chubu Electric said.
As Jera’s base of operations in Indonesia, Jera EI will be responsible for market research based on the analysis in the country’s decarbonation roadmap and for examination and selection of partner companies,
In addition, the unit will be responsible for gathering infomration, evaluation, and consideration of independent power producer, LNG-to-power, renewable energy, and other projects.
Also, it will pursue business opportunities broadly by building relationships with related ministries and agencies and with Indonesia’s state-owned power company and other local energy companies, Jera said.
According to its website, Jera handles about 40 million tons of LNG annually, among the largest transaction volumes in the world.
The firm this year launched three new LNG-powered units at its Anegasaki thermal power station in Chiba as part of its plans to slash emissions.