Power Sector Decarbonization Strategies slide image

Power Sector Decarbonization Strategies

Policy Recommendations: Decarbonization Planning, Sector Efficiency and Performance Decarbonization planning: Aligning strategies and targets across Government agencies will be critical to minimize the costs and risks of stranded assets in the future. To that end, appropriate pathways to phasing-down coal with innovative financing mechanisms will need to be carefully assessed. Solutions to decarbonize the grid such as interconnections (domestic and international), Carbon Capture and Storage (CCS) or hydrogen need to be explored further. To improve sector coordination, a new inter-ministerial commission could be created to align environment, financial and fiscal targets. To improve sector efficiency, separating system planning, generation procurement and system operations from PLN's other activities could increase transparency and reduce conflicts of interest.
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