A Conceptual Model of Indonesia's Renewable Energy Development

Abstract

Electricity is a vital sector in global renewable energy, and countries have committed to continuously developing their policies and practices. Each country must proceed with the most effort according to its situation, economically, socially, and politically. Likewise, Indonesia is mandated by the constitution to manage its vital resources according to the five principles of economic democracy. It is a terminology that has been developing since the 20s. It outlines democratic governance within companies running in a market environment. Based on those principles, this article aims to investigate the factors that strongly influence renewable energy development in Indonesia's electricity sector. The complex systems approach is incorporated to satisfy the objective. A Systematic Literature Review was conducted to elicit perspectives on economic democracy. Lastly, a causal loop diagram was developed to describe the complex feedback loops of the different sectors in renewable energy policy and practice.