Potential offtaker

Perusahaan Perseroan (Persero) PT Perusahaan Listrik Negara

www.pln.co.id

Estimated electricity consumption

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Countries of production presence

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Perusahaan Perseroan (Persero) PT Perusahaan Listrik Negara (PLN) is a state-owned integrated electric utility company in Indonesia. Established in 1945, it is the largest electricity company in the country, providing electricity to more than 70 million customers across Indonesia. PLN's mission is to provide reliable, affordable, and sustainable electricity to support Indonesia's economic growth and improve the quality of life for its citizens.

As the world moves towards decarbonisation, PLN has taken steps to reduce its carbon footprint and promote the use of renewable energy. The company has set a target to increase the share of renewable energy in its energy mix to 23% by 2025, up from 12% in 2020. To achieve this target, PLN has implemented various initiatives such as building new renewable energy power plants, upgrading existing power plants to use cleaner technology, and promoting energy efficiency.

One of PLN's key initiatives in promoting renewable energy is through the use of Corporate Power Purchase Agreements (PPAs). Corporate PPAs are contracts between PLN and large corporations to purchase renewable energy directly from PLN's renewable energy power plants. This allows corporations to reduce their carbon footprint and meet their sustainability targets, while also supporting PLN's efforts to increase the share of renewable energy in its energy mix.

PLN has also launched a Corporate Energy Program to encourage corporations to use renewable energy and reduce their energy consumption. The program offers various incentives such as energy audits, energy efficiency training, and financial support for the installation of renewable energy systems. Through this program, PLN aims to promote energy efficiency and reduce the demand for electricity, which in turn reduces the need for new power plants and helps to reduce carbon emissions.

In addition to promoting renewable energy, PLN is also committed to reducing its own carbon footprint. The company has set a target to reduce its carbon emissions by 30% by 2030, compared to its 2019 baseline. To achieve this target, PLN has implemented various initiatives such as upgrading its power plants to use cleaner technology, improving energy efficiency, and promoting the use of electric vehicles.

PLN is also committed to promoting sustainability in its operations and has implemented various initiatives to reduce waste and promote sustainable practices. For example, the company has launched a waste management program to reduce the amount of waste generated by its operations and promote recycling. PLN has also implemented a sustainable procurement policy to ensure that its suppliers meet certain environmental and social standards.

In conclusion, PLN is a leading electric utility company in Indonesia that is committed to promoting renewable energy, reducing carbon emissions, and promoting sustainability in its operations. Through its initiatives such as Corporate PPAs, the Corporate Energy Program, and its commitment to reducing its own carbon footprint, PLN is playing a key role in Indonesia's transition towards a more sustainable energy future.

✓ Declared Net Zero commitment