Making the Energy Transition Happen: Identifying Key Factors
The transition to sustainable and environmentally friendly energy sources is a global challenge that requires serious attention from all stakeholders.
In Indonesia, efforts to achieve this goal require a deep understanding of the important factors influencing the energy transition. Here are some key factors to consider in order to achieve successful energy transition goals:
First, optimizing development planning coordination tools is an important step to align various interests. In this context, the involvement of development actors from various sectors and levels of government needs to be encouraged.
Synergy between the government, private sector, civil society and academic institutions is needed to ensure that energy development decisions taken take into account various aspects such as social, economic and environmental.
Second, the balance between policies in the investment framework, regulatory framework and institutional framework is important. Non-government investment participation, including investment from the private sector and society, needs to be increased.
This can be achieved through policies that support sustainable investment and provide incentives for the private sector to participate in the development of renewable energy infrastructure.
Third, the ability to adopt and adapt future technologies is another key factor in the energy transition. This includes developing domestic industry to produce and use renewable energy technology effectively.
Investment in research and development of renewable energy technology as well as training of skilled workers in this field is very necessary to increase Indonesia’s adaptability to technological change.
Through a comprehensive approach based on cross-sector cooperation, Indonesia can achieve a successful energy transition towards a more sustainable and environmentally friendly future.
By paying attention to key factors such as development planning coordination, non-government investment participation, and technological capabilities, Indonesia can build a strong foundation to overcome future energy challenges and realize a more inclusive and resilient vision of sustainable development.
Source: Bappenas
