Coal’s Endgame: Cost-Benefit Analysis of Early Retirement vs. Coal-Fired Power Plants with CCS

29 Apr 2024
Coal’s Endgame: Cost-Benefit Analysis of Early Retirement  vs. Coal-Fired Power Plants with CCS

Authors: GIZ Indonesia/ASEAN and IESR
Authoring Organisation: IESR - Institute for Essential Services Reform,GIZ- Deutsche Gesellschaft für Internationale Zusammenarbeit GmbH
Posted At: 03-2024

Developed by CASE, this study investigates how Indonesia can achieve its ambitious decarbonization goals for the power sector. The study analyzes the economics of two decarbonization strategies for Coal Fired Power Plant (CFPP): early retirement by 10 years and replacing it with solar power, compared to retrofitting the CFPP with carbon capture and storage (CCS) technology. The report recommends a multi-pronged approach: strategically retiring coal plants while least-prioritizing the use of CCS on CFPPs, creating a clear national plan for coal phase-out, and implementing carbon pricing to incentivize renewables.

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