{"title":"Development Of Risk-Based Policy Strategies to Improve Sustainable Investment Performance on Geothermal Working Areas in Indonesia","authors":"Anthon Sapta Putra, M. Berawi","doi":"10.46799/ajesh.v3i7.389","DOIUrl":null,"url":null,"abstract":"This study analyzes the influence of stakeholder decision-making strategies and policies on PT's investment performance. PLN (Persero), is Indonesia's state-owned electricity company. Indonesia has a geothermal potential of 28 GWe and aims to add 3.3 GW of installed capacity by 2030. Our analysis reveals that effective stakeholder decision-making and well-formulated policies significantly enhance investment performance. This is supported by statistical evidence, with both the t-test and F-test results showing significance (calculated t-value and F-value exceed their respective critical values, with p-values < 0.05). Enhancing these strategies and policies is crucial for meeting Indonesia's new renewable energy (NRE) targets as outlined in the 2021-2030 RUPTL.","PeriodicalId":505426,"journal":{"name":"Asian Journal of Engineering, Social and Health","volume":"112 5","pages":""},"PeriodicalIF":0.0000,"publicationDate":"2024-07-15","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":"0","resultStr":null,"platform":"Semanticscholar","paperid":null,"PeriodicalName":"Asian Journal of Engineering, Social and Health","FirstCategoryId":"1085","ListUrlMain":"https://doi.org/10.46799/ajesh.v3i7.389","RegionNum":0,"RegionCategory":null,"ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":null,"EPubDate":"","PubModel":"","JCR":"","JCRName":"","Score":null,"Total":0}
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Abstract
This study analyzes the influence of stakeholder decision-making strategies and policies on PT's investment performance. PLN (Persero), is Indonesia's state-owned electricity company. Indonesia has a geothermal potential of 28 GWe and aims to add 3.3 GW of installed capacity by 2030. Our analysis reveals that effective stakeholder decision-making and well-formulated policies significantly enhance investment performance. This is supported by statistical evidence, with both the t-test and F-test results showing significance (calculated t-value and F-value exceed their respective critical values, with p-values < 0.05). Enhancing these strategies and policies is crucial for meeting Indonesia's new renewable energy (NRE) targets as outlined in the 2021-2030 RUPTL.
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