Indonesia’s industrial growth, particularly in nickel processing, relies heavily on captive coal power, which now presents a strategic liability. This study identifies 25.9 GW of operating captive capacity, over 75% of which is coal-based. Transitioning to a 80% renewable mix by 2050 is technically feasible through solar, biomass, and grid integration. While short-term costs may rise, decarbonization is essential to maintaining global competitiveness, securing green financing, and-meeting JETP climate commitments while supporting long-term economic resilience.
