Page 13 - AsiaElec Week 08 2022
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AsiaElec DECARBONISATION AsiaElec
Marubeni, Pertamina
sign MoU on Indonesian
decarbonisation projects
INDONESIA JAPAN’S Marubeni announced on February South Sumatra in 1995 and in Musi Hutan Per-
17 that it had signed a memorandum of under- sada (MHP), a forest plantation company adja-
standing (MoU) with Indonesia’s Pertamina. cent to TEL, in 2003. The BECCS project would
Under the non-binding agreement, the two mark another step forward in its efforts to supply
companies have agreed to collaborate on the more environmentally friendly pulp.
development of decarbonisation projects in The Indonesian government has set a target
Indonesia. of net-zero GHG emissions by 2060. This would
Citing the increasingly urgent need to reduce require considerable investment, including $1.2
greenhouse gas (GHG) emissions, the compa- trillion to help the country transition away from
nies have identified carbon capture, utilisation coal according to a government estimate from
and storage (CCUS) as one particular area to 2021, when it adopted the 2060 deadline. State-
focus on. However, they will look at other types owned Pertamina has committed to helping the
of energy transition initiatives as well. government’s decarbonisation efforts by target-
Marubeni said the partners would work on ing a 30% reduction in its GHG emissions by
the joint development of a variety of decarboni- 2030, compared to 2010 levels. It is also aiming
sation projects, including a bioenergy with car- to develop 10.2 GW of renewable generation
bon capture and storage (BECCS) venture at its capacity by 2026.
pulp mill in Indonesia. They will also produce Marubeni, for its part, is targeting net-zero
biomass and create carbon credits from decar- emissions from its operations by 2050.
bonisation projects. Japan has a bilateral carbon offset deal with
The Japanese company provided some more Indonesia, which encourages Japanese firms to
details about the BECCS initiative, saying it was develop low-carbon technology, products, ser-
aimed at achieving a carbon-negative pulp pro- vices, systems and infrastructure in the South-
duction process. Marubeni invested in the Tan- east Asian country.
jungenim Lestari Pulp & Paper (TEL) project in
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