| Authors |
Sapto CIPTADI, Imam HIDAYAT, Primawan RATIANSYAH, Bagus BRAMANTIO, Irma KHOIRUNISSA, Priatna BUDIMAN, Tumpal Parulian NAINGGOLAN, Glifanny RAMADANI |
| Abstract |
Pertamina Geothermal Energy (PGE), a subsidiary of PT. Pertamina (Persero) that has registered for five Clean Development Mechanism (CDM) Projects for Kamojang Unit 5 (30 MW), Karaha Unit 1 (30 MW), Ulubelu Unit 3&4 (110 MW), Lumut Balai Unit 1&2 (110 MW), Lumut Balai Unit 3&4 (110 MW), with total potential emission reduction about 2.058 Million ton CO2e/year. Due to the transition phase from Post Kyoto Protocol-2012 give impact in fluctuation of Certified Emission Reduction (CER) price, PGE attempted to develop and upgrade PGE’s CDM Projects. PGE found an opportunity to develop other mechanism for contribution to the Emission Reduction program by involved to the Voluntary market with Verifed Carbon Standard (VCS) scheme. The Verified Carbon Standard (VCS) provides a global program and standard for GHG Emission Reduction and removal projects and programs. It uses as its core the requirements set out in ISO 14064-2:2006, ISO 14063:2006 and ISO 14065:2007. The VCS Project shall meet the following principles such as: real, measureable, permanent, independently audited, unique, transparent and conservative. Now PGE has been developing one geothermal projects for VCS scheme in Lahendong Unit 5 and 6 Geothermal Power Plant with potential emission reduction about 181,030 ton CO2e/year. Implementation of Verified Carbon Standard program become PGE contribution as a real action for Green House Gas (GHG) emission reduction, and complies with implementation of reducing GHG emission for 26% reduction as national target until 2020. This paper also has further discussion about implementation of VCS scheme process in PGE, included but not limited to preparation, validation, registration and Monitoring, Reporting & Verification (MRV) plan |