A PESTLE Policy Mapping and Stakeholder Analysis of Indonesia’s Fossil Fuel Energy Industry

Satya Widya Yudha, Benny Tjahjono and Athanasios Kolios
Additional contact information
Satya Widya Yudha: Cranfield Energy & Power, Cranfield University, Bedford MK43 0AL, UK
Benny Tjahjono: Centre for Business in Society, Coventry University, Coventry CV1 5FB, UK
Athanasios Kolios: Cranfield Energy & Power, Cranfield University, Bedford MK43 0AL, UK

Energies, 2018, vol. 11, issue 5, 1-22

Abstract: Indonesia has a long-standing history of reliance on fossil fuels, which reflects the country’s vast reserves of crude oil, natural gas, coal, and other resources. Consequently, the potential of Indonesia’s fossil energy industry is both complex and multi-layered. This paper aims to carry out a policy mapping and stakeholder analysis of Indonesia’s fossil energy industry, adopting a PESTLE (Political, Economic, Social, Technology, Legal, and Environmental) approach, which allows identification of multidisciplinary stakeholders and underlying relationships across the sector. The outcomes from the analysis indicated the importance of strategically aligning the stakeholders’ policies to the needs of other relevant stakeholders. Furthermore, the central and regional governments need to work closely in order to better sense if there is a change in the policy, be receptive to anticipating the potential impacts, and to avoid policies being executed in an isolated manner.

Keywords: PESTLE; stakeholder analysis; fossil energy industry; Indonesia (search for similar items in EconPapers)
JEL-codes: Q Q0 Q4 Q40 Q41 Q42 Q43 Q47 Q48 Q49 (search for similar items in EconPapers)
Date: 2018
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (8)

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