FCPA Compliance Report-Episode 329, James Koukios
On May 26, 2025, after years of anticipation, Indonesia’s energy sector received a major boost : PLN secured the long-awaited approval from the Minister of Energy and Mineral Resources (Minister) for its new general plan for...more
The RUPTL carries significant strategic implications and offers substantial opportunities for investment. As Indonesia advances its energy transition, the RUPTL will play a pivotal role in shaping the future of its national...more
On May 26, 2025, Indonesia’s minister of energy and mineral resources (MEMR) held a press conference themed “Increasing Security and Sustainability of National Energy” to announce the launch of PLN’s 2025-2034 Electricity...more
The Indonesian government’s approach towards local content requirements in two industries – telecommunication devices and renewable energy – underscores its need for investment and illustrates how different standards may be...more
The Commodity Futures Trading Supervisory Agency (Badan Pengawas Perdagangan Berjangka Komoditi – "Bappebti") has established a framework for the physical market trading of Renewable Energy Certificates ("RECs") through the...more
As delegates from the Indonesian government were in Azerbaijan making headline grabbing announcements at COP29, Baker Botts was pleased to host an evening seminar in Jakarta on 13 November 2024 with a panel of experts sharing...more
Indonesia has relaxed restrictive local content requirements applying to electricity infrastructure projects. Under the new regulations, Indonesia will apply an exemption for projects that receive at least half their funding...more
In line with government objectives globally, Indonesia is working towards reshaping its energy policy. In 2014, the Indonesian government took significant steps to establish the groundwork for Indonesia's new energy...more
On October 29, 2021, shortly before the 2021 United Nations Climate Change Conference (COP 26), Indonesia issued Presidential Regulation No. 98 of 2021 on the Implementation of Carbon Economic Value to Achieve Nationally...more
Construction begins on Southeast Asia's largest floating solar power plant in Indonesia - In early August 2021, plant developer PT PJB Masdar Solar Energi (PMSE) announced that it had reached financial closing for the 145...more
Indonesia’s efforts to achieve their Nationally Determined Contributions (NDC) established in accordance with the Paris Agreement are still considered by Climate Tracker to be “Highly Insufficient”. Whilst this keeps them out...more
New “priority list” for foreign investment The Indonesian government has issued Presidential Regulation No. 10 of 2021 (the “Regulation”) at the end of February, following the passage of its job creation law last year...more
From its inception on 8 August 2017, the Build, Own, Operate and Transfer (“BOOT”) scheme (the “BOOT Project Model”) has often been cited as a significant barrier to developing renewables in Indonesia, alongside the tariff...more
New MEMR regulation has reduced the capacity charge that has hindered installation of behind the meter rooftop solar photovoltaic projects....more
While investors are looking at a variety of sectors in the region, our survey reveals that roads are the top priority, while both conventional and renewable energy are still very much on the radar - Our research shows that...more
Alexandria Ocasio-Cortez's Green New Deal Would Reshape the Economy in 10 Years. That Could Shock the Energy Sector. "The concern is that Ocasio-Cortez's plan to achieve climate goals in just 10 years will not only tee up...more
We are pleased to release the latest issue of our client newsletter, Energy Update, designed to inform clients and friends of the firm about important developments affecting US and international energy markets. ...more
Despite a significant renewable energy potential, Indonesia currently only produces six percent of its electricity from renewable energy. The Indonesian government is targeting increasing this to 23 percent by 2025. Many...more
The Ministry of Energy and Mineral Resources of the Republic of Indonesia (MEMR) recently issued regulation No. 12 of 2017 on the utilisation of renewable energy sources for electricity supply (Regulation 12/2017). Key...more
Shortly after the issuance of a new regulation for the development of solar power projects in Indonesia, the Government of Indonesia is now introducing a new regulation on the purchase of electricity by PLN from biomass and...more
The Government of Indonesia has just announced it will tender out at least 5,000MW of solar projects by the end of 2018 based on a newly enacted regime for the development of PV solar projects. The regime detailed in the...more
Energy and Climate Debate - In his final major effort prior to retiring last week, Speaker of the House John Boehner (R-OH) reached a bipartisan agreement, the Bipartisan Budget Act of 2015, with other House and Senate...more