scholarly journals Stakeholder Mapping and Analysis of the Renewable Energy Industry in Indonesia

Energies ◽  
2019 ◽  
Vol 12 (4) ◽  
pp. 602 ◽  
Author(s):  
Satya Widya Yudha ◽  
Benny Tjahjono

The development of renewable energy in Indonesia is still in a relatively fledgling state, yet it is forecast to increase. The Government of Indonesia has formulated and implemented several strategic programs, compiled under several binding frameworks, namely the National Energy Policy and the General Plan for National Energy. The government is committed internationally to reduce its greenhouse gas emissions as part of its Nationally Determined Contributions. However, unearthing the dynamics of renewable and sustainable energy in Indonesia requires a detailed stakeholder analysis of all relevant and major actors. This paper aims to provide a stakeholder analysis of actors in the renewable and sustainable energy sector in Indonesia as a whole, using a Political, Economic, Social, Technological, Legal and Environmental (PESTLE) analysis methodology. The results have indicated that existing policies are not yet perfect, given that the renewable energy industry is still quite minimal, especially in the current conditions of falling oil prices. In the future, it is hoped that the government can formulate a breakthrough policy to improve existing policies in the renewable energy sector, such as by giving ease to investors in the renewable energy sector, including the effective and efficient supply chain management of renewable energy.

Energies ◽  
2020 ◽  
Vol 13 (11) ◽  
pp. 2926 ◽  
Author(s):  
Grzegorz Zimon ◽  
Marek Sobolewski ◽  
Grzegorz Lew

European countries are increasingly using renewable energy. Poland is an outsider of such solutions. The Polish energy sector is primarily based on energy produced from coal. However, environmental changes and regulations of the European Union are forcing the increased use of energy from renewable sources. Renewable energy is an industry that is still developing in Poland. At the same time, Poland is a country where the political decisions of the government over the last few years have resulted in a significant limitation of the possibilities of renewable energy development. These actions have also resulted in lowering the profitability of the currently operating renewable energy enterprises, especially those from the sector of small and medium-sized enterprises. An opportunity for SMEs operating in the renewable energy sector is to merge into industry purchasing groups. The aim of the article—and at the same time the research question—is: Is it financially safer for renewable energy companies to operate within purchasing groups compared to companies operating independently in this industry? Traditional ways of purchasing can be transferred to integrated purchasing systems, which will be created by purchasing groups associating renewable energy companies. For this purpose, the financial effects of the implementation and functioning of the purchasing groups in the renewable energy sector in relation to entities operating independently were examined. In the research of renewable energy SMEs, a comparative analysis of key indicators determining the possibility of continuing the activity of these entities was made. The following indicators were examined: current financial liquidity ratio, return on sales, operating cycle, cash conversion cycle, share of receivables in current assets, share of inventory in current assets, turnover ratios, level of receivables, liabilities and profitability. The scientific literature is dominated by studies on purchasing groups in the pharmaceutical and construction industries. Thanks to the research conducted, it has been indicated that the renewable energy industry can also improve its profitability, and thus the possibility of safe continuation of operations by extending the business model to inter-entity cooperation within purchasing groups. Increasing the efficiency of individual entities of the renewable energy industry within purchasing groups becomes particularly important during the COVID-19 pandemic. Statistical analyses and their graphic presentation present the significant impact on the safety and profitability of renewable energy entities in the form of purchasing groups.


2014 ◽  
Vol 1073-1076 ◽  
pp. 2483-2487
Author(s):  
You Li Wang ◽  
Shan Shao

At present, renewable energy industry development need the government’s support of powerful fiscal and taxation incentive policies in China. Many developed countries implement some fiscal and taxation policies to promote renewable energy industry. These policies are good inspiration for China to develop renewable energy industry. According to the status of renewable energy industry development in China, we should emphasis on the four aspects: first is to speed up the research and development of renewable energy technology through the financial investment; the second is to encourage renewable energy production by providing the loan subsidies and investment incentives; the third is to accelerate the product promotion of renewable energy through the government policy of purchasing and consumption subsidy; and the last one is to reduce the relative costs of renewable energy by the implementation of energy and environment taxes.


2021 ◽  
Vol 5 (1) ◽  
pp. 1-9
Author(s):  
T. S. Devaraja ◽  
D. K. Jagadeesha

The development of the renewable energy industry is an important support for the sustainable development of the social economy. It is strategic significance in economic and national security is immeasurable. The process of cultivating, developing, and upgrading the renewable energy industry in India is a comprehensive system that includes finance, resources, technology, and management. Renewable energy finance is a new area of public policy that requires innovation and research that will have a significant impact on investors in the World. Till today, many researchers think renewable energy is an issue of science and engineering, but the future of renewable energy is no longer about science and technology; it's all about access to finance. The renewable energy sector in India is growing rapidly and presents an opportunity for strong financial returns. The present research paper aims to know the financial performance of selected renewable energy companies of the Indian renewable energy industry through various financial ratios. The financial performance of any industry is effect to their respective industrial investors. Hence, investors' experience is analyzed. A specific group of investors who invest in the renewable energy industry is selected and posed a structured questionnaire to know their investment experience in the renewable energy sector in India. JEL Classification Codes: F36, P17, G23, Q29, Q43, L7


Author(s):  
Antonio Lerro ◽  
Giovanni Schiuma ◽  
Francesca A. Jacobone

The purpose of this chapter is to examine the state-of-the-art of Knowledge Assets Management (KAM) in the energy industry, reviewing both the literature and the practice of KAM initiatives. Particular attention is provided to the renewable energy sector and to the Small and Medium Enterprises (SMEs). It emerges that most of the literature is focused on big companies and little attention is paid to the renewable energy sector. It emerges that some organizations, especially in the oil industry, are seen as leaders in KM practice. On the other hand, SMEs operating in the renewable energy industry are not aware of the relevance of KAM and then do not address explicitly KAM initiatives or projects. The research reveals that small firms do indeed manage knowledge assets informally as part of their normal activities, without using the terminology and concepts of knowledge management discipline.


Author(s):  
Ronald William McQuaid ◽  
Ariel Bergmann

Purpose – The purpose of this paper is to consider the development of “Green” jobs in one region of the European Union, Scotland, where the government has sought to develop renewable and sustainable energy industries and associated employment. Design/methodology/approach – The paper analyses selected secondary data and policy documents and conceptualises issues concerning employment in the renewable energy sector. Findings – It analyses published data and projections on employment in renewable energy sectors, considering the reasons for the lower actual job creation. Many of the jobs in the renewable energy sector are likely to be high skilled, so there is need to support the development of low-skilled workers and job seekers so that they can enter and progress in the industry. Similarly there is a strong gender bias in the industry which may similarly reduce the entry and retention of the best staff and inhibit social equity. Research limitations/implications – The paper suggests that “Career first” recruitment and development policies are needed which emphasise improving both productivity and the “quality” and attractiveness of sustainable, long-term careers in the sector. Practical implications – In addition to relying on general labour attraction policies and separate industry-specific skills initiatives for those already in work, more attention needs to be given to developing sustainable employment with career progression for people moving into, or already in, the industry. Originality/value – The links between support for those moving into jobs and developing the skills of existing workers in sustainable industries have been under researched and this paper adds new conceptual developments, in terms of “Career” first approaches and empirical analysis of employment in renewable industries in Scotland.


Author(s):  
Antonio Lerro ◽  
Giovanni Schiuma ◽  
Francesca A. Jacobone

The purpose of this chapter is to examine the state-of-the-art of Knowledge Assets Management (KAM) in the energy industry, reviewing both the literature and the practice of KAM initiatives. Particular attention is provided to the renewable energy sector and to the Small and Medium Enterprises (SMEs). It emerges that most of the literature is focused on big companies and little attention is paid to the renewable energy sector. It emerges that some organizations, especially in the oil industry, are seen as leaders in KM practice. On the other hand, SMEs operating in the renewable energy industry are not aware of the relevance of KAM and then do not address explicitly KAM initiatives or projects. The research reveals that small firms do indeed manage knowledge assets informally as part of their normal activities, without using the terminology and concepts of knowledge management discipline.


2017 ◽  
Vol 5 (6) ◽  
pp. 188-204 ◽  
Author(s):  
YINLIN TSAI ◽  
Johnny Tung

Concerns about global warming and climate change are generating interest in renewable energy measures with the purpose to minimize environmental impact. Promoting renewable energy production becomes indispensable since its represent a tiny fraction of energy consumed. The purpose of this study is to identify the performance determinants are divided in country specific advantages and firm specific advantages. Companies were selected from Bloomberg and filtered due to its information ava ilability from COMPUSTAT to construct a Panel Data structure. The results proved that both country level (shares of renewable and energy consumption) and firm level (market capitalization, employee growth rate and capital intensity) determinants were signi ficant in the renewable energy industry. Through the analysis, it’s possible to realize that return on assets it’s a performance measure with long term results, but unlike it, gross profit margin is variable that demonstrate short term results. We conclude that renewable energy industry has a great potential due to its results performed.


Sign in / Sign up

Export Citation Format

Share Document