Natural Gas Fired Power Plant PLTGU Blok 3 PJB Muara Karang

by PT Pembangkitan Jawa-Bali (Unit Pembangkitan Muara Karang)

Location: Central Jakarta, Indonesia

Focus: Utilize gas-fired power plant project

Price: Start from $6.00/tCO₂e

Project Story

Aims to address the increasing electricity demand in Jakarta which grows at an average rate of 6.2% per year, the plant, with a capacity of 500 MW, utilizes the latest gas turbine technology (M701F5), achieving a 62% efficiency in combined cycle operation. This efficiency helps minimize emissions, contributing to more sustainable energy production in the region

Certification

Project Benefits

Climate Benefits

Supplying 500 MW of renewable energy, reducing 927,113 tons of CO2 emissions in 2022 by replacing coal power plants, and increasing renewable energy's contribution to local and national energy mixes.

Sustainability Development Goals (SDGs) Impact

Fairatmos Evaluation Criteria

Conservative estimation

We review the carbon credits quantification to make sure it was done using assumptions that were conservative to mitigate over-crediting risks

Additionality

We handpick projects with strong additionality to make sure the carbon emission reduction or removal was made possible only because of the project interventions

Safeguards

We ensure safeguards were put in place to act as buffer against leakage and non-permanence risks

Benefits beyond carbon

We assess and measure project impacts on community, biodiversity, and other climate benefits beyond carbon