Crucial Moment: Battery Technology and Clean Energy Transition in Indonesia

Jakarta, INTI - The Coordinating Ministry for Maritime Affairs and Investment emphasized the importance of this moment in Indonesia's collective journey towards a more sustainable and energy-efficient future. Coordinating Minister for Maritime Affairs and Investment, Luhut B. Pandjaitan, attended the International Battery Summit 2024, themed "The Future Battery Technology from Upstream to Downstream for Accelerating Clean Energy Transition," on Monday (29/07/2024).

On this occasion, Minister Luhut stressed, “We are now entering a new era of technological advancement and environmental responsibility, where the role of batteries is becoming increasingly important.” Batteries are at the core of the green revolution, serving as essential components powering everything from mobile phones and electric vehicles to renewable energy systems.

The Strategic Role of Batteries in the Green Revolution

Minister Luhut also stated, “The innovations we explore and collaborate on today, and those we build here in the future, are expected to shape the energy future for generations to come.” The implementation of downstream policies has significantly contributed to Indonesia's economy by increasing export value, contributing to GDP, improving the trade balance, developing new growth centers outside Java for equitable development, and more.

Indonesia is striving to transform into a major global economic power, driven by a large domestic market and rich natural resources crucial for the energy transition. The government focuses on economic transformation through green industrialization by downstreaming natural resources and producing green products. With a dominant market share in nickel production and significant reserves of other critical minerals, it is vital for Indonesia to establish a strong presence in the battery industry.

Nickel Downstreaming and Green Technology Investment

“This will strengthen our key initiatives in nickel downstreaming, investment in solar PV manufacturing, and EV manufacturing through our EV investment program,” said Minister Luhut. The nickel downstream policy is expected to propel Indonesia into a competitive global battery industry hub.

Before concluding his speech, Minister Luhut explained, “Indonesia now wants to be at the forefront of this field, so we start from upstream to downstream.” He emphasized that downstreaming is a crucial tool to achieve sustainable development goals and address climate change.

Invitation to Attend INTI 2024 Exhibition

At the end of the article, Minister Luhut invited all stakeholders to participate in and witness the Indonesia Technology and Innovation 2024 (INTI 2024) exhibition at JI-EXPO from August 12-14, 2024. INTI is the largest technology and innovation exhibition in Indonesia. For more information, visit https://inti.asia/.