Development of Consumption and Supplying Energy in Indonesia's Economy

Title: Development of Consumption and Supplying Energy in Indonesia's Economy

Authors: Siti Inayatul Faizah ¹ , Uus Ahmad Husaeni ²

Affiliations: 1. Faculty of Economics and Business, Airlangga University, Indonesia; 2. Faculty of Islamic Economics and Business, Suryakancana University, Indonesia

Publisher: International Journal of Energy Economics and Policy (IJEEP)

Abstract

One of the problems faced by Indonesia is the increasing energy consumption and tend to be wasteful, while the fossil energy reserves are depleted and the development of alternative energy is slow, so it is feared that Indonesia is experiencing an energy crisis. The purpose of this article is to analyze the development of consumption and energy supply in Indonesia from 2007 to 2017. Data analysis in this research is by using a combination of trend analysis and descriptive analysis. So the conclusion of this article shows that energy consumption in all sectors, namely industrial sector, household sector, transportation sector, commercial sector and other sectors tend to increase from year to year. Meanwhile, overall energy supply tends to increase, but with a smaller increase than the increase in consumption. And to overcome the energy problem in Indonesia, energy conservation is needed by conducting energy saving campaigns, determining energy conservation laws, and establishing energy conservation centers. Furthermore, the Indonesian government should have a long-term plan to divert the use of energy from non-renewable sources to renewable energy use, such as the use of water, wind, biomass, biodiesel, biogas and other sustainable energy sources.

Keywords: Energy Conservation, Energy Consumption, Energy Supply, Indonesian Economy

Sources: http://econjournals.com/index.php/ijeep/article/view/6926