the role of vocational education in supporting clean energy transition

1. The role of Vocational Education
in Supporting Clean Energy
Transition
Tia N. Ardianto – VP HRGS
PT. Medco Energi Internasional Tbk.

2. 2
The following presentation has been prepared by PT
Medco Energi Internasional Tbk (the “Company”) and contains certain
projections, plans, business strategies, policies of the Company and industry
data in which the Company operates in, which could be treated as forward-
looking statements within the meaning of applicable law. Such forward-
looking statements, by their nature, involve risks and uncertainties that could
prove to be incorrect and cause actual results to differ materially from those
expressed or implied in these statements. The Company does not guarantee
that any action, which may have been taken.

3. 2060 Emissions’ sources:
• Energy sector emissions in 2021 is
530Mton CO2e.
• Peak emissions occurs around 2039 in
the amount of 706MTon CO2e.
• Emissions will be reduced significantly
after 2040 following the end of the
fossil fuel power plant contracts.
• By 2060 the emissions from power
generation will be ZERO.
• The 2060 NZE scenario will still have
401MTon CO2e emissions from the
demand side (in particular the
industry and transportation sector).
On the other hand the Ministry of
Environment and Forestry’s (KLHK)
target of 87MTon CO2e from the
energy sector is still difficult to
achieve.
THE ENERGY SECTOR 2060 NET ZERO EMISSION ROADMAP
By the Ministry of Energy and Natural Resources (ESDM)*
*Source: Director General for Renewable Energy at ESDM’s presentation at the Bisnis Indonesia ‘s “Green Economy Outlook 2022” webinar event 23/02/2022

4. 4
By the Ministry of Energy and Natural Resources (ESDM)*
*Source: Director General for Renewable Energy at ESDM’s presentation at the Bisnis Indonesia ‘s “Green Economy Outlook 2022” webinar event 23/02/2022
RENEWABLE ENERGY MIX IN PLN’S RUPTL 2021-2030
• Renewable energy capacity 20.9 GW (51.6% from the RUPTL 2021-2030
generation plan to fulfil 23% renewable mix by 2025 and NDC target in
2030.
• USD 55.5B investment needed and potentially can reduce 89MTon CO2e
emissions.
• Private sector role is important to contribute to the development of
renewable energy. In the RUPTL 2021-2030, >50% renewable energy
generation will be developed by the private sector.
Hydro
Mini-Hydro
Solar PV
Wind
Biomass/Waste
Geothermal
Renewable - Base
Renewable - Peak

5. Renewable Energy and Jobs: Annual Review 2022
International Renewable Energy Agency (IRENA)
International Labour Organization (ILO)

6. 6
Limited consumer awareness / pull force for RE
• Consumer’s decision-making is mostly driven by
affordability and there is insufficient
pull/preference for green energy
General and specific challenges of renewables in Indonesia
Geothermal
Exploration risk
Social resistance and water
usage in national park
Solar
Local content requirements
Land acquisition
Demand-resource matching
EPC experience
Wind
Unfavorable policies
• Tariff for RE is pegged to the average cost of
generation, which includes DMO coal.
• Preference of short-term low cost energy sources.
Technological constraints
• Grid constraints: inadequacy of the grid to absorb
variable output from renewables.
• Inherent mismatch between supply & demand.
Challenges in private financing opportunities
• ~USD 8 Bn/year investment required for Indonesia
to reach 2025 target; private financing is key, but
there are multiple challenges in the market. (avg
investment from 2014-2020, ~USD 1.4 Bn/year)
Renewable
Challenges
However, with the government of Indonesia putting efforts to solve issues on renewables, these challenges can also
be viewed as opportunities for the power players.
Bankability (e.g., mini hydro)
Permitting issues
Hydro
Source: Kearney, Medco Power’s analysis

7. 7
MedcoEnergi is an Integrated Energy & Natural Resources Company
MedcoEnergi 2022’s Production: Oil and Gas of 163 mboepd, power capacity of 3.3 GW, and
Production of 464 Mlbs copper, 731 Koz gold
Source: Medco Energi, Medco Power
E&P – Madura Offshore
Power – Geothermal Sarulla
Mining - Sumbawa

8. 8
MEDCOENERGI - REACHING NEW HEIGHTS

9. 9
Medco Power is Medco Energi’s platform for low carbon energy & clean
investment
Geothermal Renewables O&M
Gas to Power
“A Leading Clean Power Producer
and
Reliable Operation & Maintenance Services Company”
Source: Medco Power
59%
41%
75%
25%
2022 2027
Renewables Fossil Fuels
MPI Energy Mix (GWh sold), 2022 & 2027
%

10. 10
Technical Fresh
Graduate
Focus the mastery of
Fundamental
Principles
Specialist
Engineer
Sr. Specialist
Sr. Engineer
Leadership
Individual
Contributor
Focus the mastery of
Leading Self
First-Line
Management
(Supervisor & Team
Leader)
Professional
Ladder
Leadership
Ladder
Focus the mastery of
Leading Self, Others &
Execution
Midle
Management
(Manager)
Focus the mastery of
Leading People
Senior
Management
(Senior Manager
/Head/VP)
Focus the mastery of
Leading Business
Jr Engine
Jr Engineer
Focus the mastery of
simple & routine
problem solving
Focus the mastery of
moderately complex
problem solving
Focus the mastery of
highly complex problem
solving
Operation Fresh
Graduate
Focus on
Fundamental
Operation Principles
Operator Sr. Operator
Operation
Ladder
Jr Operator
Focus on simple &
routine problem
solving
Focus on moderately
complex problem solving Focus on highly
complex problem
solving
Shift Leader
Delivered Through :
On The Job
Experience
Assignment Training
70 20 10
Our People Development Approach
Vocational background:
- D3 graduates ( 32,67 % )
- SMK atau Setara SMK ( 14,85 % )

11. PT Medco Energi Internasional
Tbk
The Energy Building 53rd Floor
SCBD Lot 11A
Jl. Jend. Sudirman, Jakarta 12190
Indonesia
P. +62-21 2995 3000
F. +62-21 2995 3001
Website : www.medcoenergi.com