Pertamina Energy Transition, Real Action to Support G20

Jakarta, March 24, 2022 – The Presidency of Government Group 20 (G20) Indonesia 2022 prioritizes the transition to sustainable energy as one of the main issues that must be followed up globally and collectively. To support these efforts, Pertamina is taking concrete actions by continuing to focus on carrying out 8 (eight) strategic initiatives to increase the availability of New Renewable Energy (NRE).

Amid a series of EDM-CSWG G20 activities at a delegation site visit at the Balkondes CSR Pertamina Karangrejo Magelang (24/3), Chief Executive Officer (CEO) of Pertamina New and Renewable Energy (PNRE), Dannif Danusaputro, explained that Pertamina gave PNRE Subholding a major role to the PNRE Subholding in implementing Pertamina's strategic agenda. It is to achieve the green energy portfolio target of 17 percent by 2030. These steps are strengthened by the presence of global support voiced in the Energy, Sustainable & Climate B20 Task Force in a series of meetings and actions to declare the aspirations of various segments, including industry players.

"Pertamina is determined to accelerate all green energy transition programs, especially eight initiatives carried out from upstream to downstream," said Dannif.

According to Dannif, Pertamina continues to carry out strategic initiatives, such as realizing the clean energy development target of 10 gigawatts (GW) until 2026. Moreover, developing carbon capture utilization and storage (CCUS) projects such as in the Sukowati and Gundih Fields; continuing the clean energy development mechanism in geothermal operations; developing a green energy station/GES concept, namely green concept petrol stations, using PLTS as a source of electrical energy, future, digital, and more environmentally friendly fuel; and installing solar panels with a total capacity of 500 MW until 2030 for the utilization of internal power in all Pertamina Group operational areas.

Pertamina also continues to ensure that to be at the forefront in supporting the Government's policies that target emission reductions of 29% by 2030. In the energy sector, the government targets to reduce emissions by 314 million tons of CO2 equivalent (tCO2e) by 2030. With the current business pattern, to provide significant results in mitigating climate change, the global oil and gas sector must reduce emissions of at least 3.5 gigatons of carbon dioxide equivalent (GtCO2e) per year by 2050.

"This step follows this year's presidency theme, recover together recover stronger with the main priority issues that require collective action globally, namely the global health architecture, sustainable energy transition, as well as digital and economic transformation," stated Dannif. **

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