Research Article
Legal Discourse of the New and Renewable Energy to Green Power Plants to Realize Green Investment in Indonesia
@INPROCEEDINGS{10.4108/eai.27-7-2022.2342451, author={Muhammad Fauzi}, title={Legal Discourse of the New and Renewable Energy to Green Power Plants to Realize Green Investment in Indonesia}, proceedings={Proceedings of the 5th International Conference on Indonesian Legal Studies, ICILS 2022, 27-28 July 2022, Semarang, Central Java, Indonesia}, publisher={EAI}, proceedings_a={ICILS}, year={2023}, month={12}, keywords={investment new and renewable energy green power plants}, doi={10.4108/eai.27-7-2022.2342451} }- Muhammad Fauzi
Year: 2023
Legal Discourse of the New and Renewable Energy to Green Power Plants to Realize Green Investment in Indonesia
ICILS
EAI
DOI: 10.4108/eai.27-7-2022.2342451
Abstract
Environmental protection in a country is sometimes hindered by implementing the country’s political goals. Indonesia’s development achievements in 2015- 2019 are still not focused on green investment. The method used is normative legal research and conceptual approach. The potential for new and renewable energy is very abundant in Indonesia; the Institute for Essential Service Reform in 2019 provided data that the hydropower potential is 75 gigawatts, geothermal 28 gigawatts, bioenergy 33 gigawatts, wind 61 gigawatts, solar 208 gigawatts, and ocean currents of 18 gigawatts, but in the period 2014 to the first quarter of 2019, in terms of the Manufacturing and National GDP, the oil and gas industry still the highest contributor to Indonesia’s GDP. Indonesia, in essence, does not yet have legislation that regulates the use of new and renewable energy. However, the Government already has a draft law of new and renewable energy, which has entered the stage of harmonization in the House of Representatives of the Indonesia Republic in 2022.