Opportunities and Challenges for New and Renewable Energy Development in Indonesia: Towards Net Zero Emission
Aditya Nurahmani and
Muhammad Aldo Satria Yuda
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Aditya Nurahmani: Faculty of Law, Universitas Indonesia
Muhammad Aldo Satria Yuda: Faculty of Law, Universitas Padjadjaran
International Journal of Research and Innovation in Social Science, 2024, vol. 8, issue 8, 3200-3212
Abstract:
New and renewable energy must be developed in various countries, including Indonesia. In addition to supporting national energy resilience, new and renewable energy development is needed to drive net zero emissions. This study has two things to discuss: first, the opportunities and challenges of new and renewable energy development in Indonesia; second, efforts to optimize the energy transition in Indonesia to realize net zero emissions. Using doctrinal research methods and methods of qualitative data analysis, it was concluded that, first, behind the abundant potential of new and renewable energy in Indonesia, there are challenges ranging from licensing, spatial planning, regulation, financing, geographical challenges, and other factors. Secondly, to support the acceleration of the energy transition, it is necessary to reformulate regulatory aspects and include them in the spatial planning plan to facilitate investment licensing. strengthening of international collaboration and cooperation, cooperation schemes and partnership with local communities for the development of renewables and new energy in the small islands, and the need for accuracy of data and development research-and-development in fresh and renewing energy.
Date: 2024
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Persistent link: https://EconPapers.repec.org/RePEc:bcp:journl:v:8:y:2024:i:8:p:3200-3212
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