Pengaruh transisi konsumsi energi fosil menuju energi baru terbarukan terhadap produk domestik bruto di Indonesia

This study will analyze the comparative use of Economic Stability Comparisons from the Consumption of Fossil and New and Sustainable Energy: Developed and Developing Countries in Asia, including developing countries Indonesia, Malaysia and Thailand and developed countries Japan, the United Arab Emirates and South Korea. This study uses a panel cross-section/observation form of 6 Asian countries by taking the category of 3 developing countries and 3 developed countries. The time series takes the period 2005-2021, using the ordinary least squares (OLS) method. The results of a study of 3 developing Asian countries namely Indonesia, Malaysia and Thailand GDP Per Unit Energy Use and consumption of sustainable energy have a positive and significant influence and consumption of fossil energy has no effect on growth. In the equation model of 3 developed Asian countries, namely Japan, the United Arab Emirates and South Korea, GDP per Unit Energy Use has a positive and significant influence, sustainable energy consumption has no effect on economic growth, fossil energy consumption has a positive and significant influence in region 3 developed Asian countries during 2005-2021.

Section: Discussionmentioning

confidence: 99%

Comparison of Energy Consumption to Economic Growth in Developing Asian and Developed Asian Countries

Gunarto,

Ciptawaty,

Yuliawan

et al. 2024

“…The development of renewable energy in Indonesia is (Halimanjaya, 2019) Consumption of new and renewable energy shows a positive relationship but does not have a significant effect on gross domestic product in Indonesia, because attention has not been maximized in the development process, it is also related to regulations and Indonesia is currently still meeting its energy demand from nonrenewable sources, (Muhammad Ferro Berlianto and Setya Wijaya, 2022). Electricity consumption has a higher and significant impact in the short term.…”

Section: Discussionmentioning

confidence: 99%

Comparison of Renewable and Non-Renewable Energy in the Long and Short Term of Indonesia Economy

Wahyudi,

Ciptawaty,

Ratih

et al. 2023

Indonesia has established Government Regulation Number 79 of 2014 concerning National Energy Policy (KEN). KEN as a public policy product was determined after going through a "top-down" debate since 2010. KEN's target only focuses on energy supply, even though energy policy has shifted to the side of energy demand. KEN does not set greenhouse gas mitigation targets. To support the achievement of KEN's goals regarding the mix of new and renewable energy (EBT). Indonesia has great potential, but can the potential be maximized by the government in the direction of better and environmentally friendly energy policies. This study analyzes the movement of renewable and non-renewable energy to the Indonesian economy from 1990-2021, using the Error Correction Model (ECM) statistical method by considering short-term and long-term results in the model. long-term results Consumption of non-renewable energy (CFE) has a positive and significant impact on increasing economic growth by 7.14%. Renewable energy in the form of electricity (RE) has a positive and significant influence in increasing economic growth by 0.18%, while the results of renewable energy through water resources (RIF) do not have a positive but not significant impact on Indonesia's economic growth. In the short-term results of the Error Correction Model (ECM), consumption of non-renewable energy (CFE) has a positive and significant effect on increasing economic growth by 5.35%. while the results of renewable energy in the form of electricity (RE) and renewable energy through water resources (RIF) do not have a positive but not significant impact on Indonesia's economic growth during 1990-2021.

“…On the other hand, the consumption of renewable energy has continued to decline from 1990 to 2021, where the trend has decreased, this is allegedly because the capacity for renewable energy in Indonesia is still minimal and has not been able to greatly support Indonesia's sectoral economic activity, so the intensity of its use tends to be low. (Muhammad Ferro Berlianto and Setya Wijaya, 2022) Throughout 2000-2019, the consumption of renewable energy did not have a positive and significant effect on the movement of GDP growth in Indonesia, due to the lack of attention in the process of developing the development as well as related to regulations and Indonesia which is currently still meeting its energy demand from non-renewable sources.…”

Section: Introductionmentioning

confidence: 99%

The Relationship between the Renewable Energy and CO2 Emissions to the Indonesian Economy

Wahyudi

2024

The Indonesian government through the National Energy Council (DEN) has a target for new renewable energy to be increased, starting from 2025 with a target of 23 percent to 2060 with a target of 66 percent, but in fact new renewable energy in Indonesia only increases 0.55 percent per year. Indonesia has great potential, but can the potential be maximized by the government in the direction of a better and environmentally friendly energy policy. This study analyzes the movement of renewable energy and C02 emissions to the Indonesian economy from 1990-2021, using the Vector Error Correction Model (VECM) statistical method by considering short-term and long-term results in the model. The results show that in the long and short term economy the role of GDP per unit of energy use for the economy is needed and has a positive effect, the role of carbon emissions in the short and long term C02 has a positive and significant direction, non-renewable energy in the long term and short term is still moving negative and significant, this indicates that renewable energy in Indonesia tends to be low, energy replacement must be carried out slowly and gradually, shock response conditions conclude when GDP energy use and CO2 are affected by a negative shock will disrupt economic development, meanwhile, if there is a negative shock on consumption Renewable energy still tends to be stable and positive for the development of the Indonesian economy.