Indonesia's Road to Fulfill National Renewable Energy Plan Target in 2025 and 2050: Current Progress, Challenges, and Management Recommendations - A Small Review

Abstract

Indonesia has a large amount of energy consumption, domestically and industrially. Indonesia's energy mix is still dominated by fossil fuels and coals, with the percentage of 35.64% and 50% respectively in 2020. This is caused by Indonesia's rich supply of oil and coal, even though experts have predicted that these supplies will run out in 10 years ahead. One option to preserve Indonesia's energy security is to start using renewable energy. Indonesia's renewable energy potential is predicted to be around 443 GW of installed capacity, and already made renewable energy mix percentage target of 23% in 2025 and 31% in 2050 in their National Energy Plan. However, Indonesia's renewable energy percentage in their 2020 national energy mix is only 14.71%. Therefore, to reach their national renewable energy target, Indonesia needs to solve their problems by finding the right actions and strategies in their energy management through stakeholders such as the government, public, and investors. This review will be made by using the literature based research method.