On recent visits to Japan and South Korea, Indonesian president Prabowo touted ambitious renewable energy plans in pursuit of energy security. Analysts say that the slow take-up of clean energy by state utility firm PLN still needs to be addressed.
Investment must almost triple to US$2.3 trillion annually by 2030 to meet the region's climate goals. Fossil fuel dependence, financing gaps and industrial inertia could derail momentum, a study by Deloitte warns.