Investigating the Relationship between Renewable Energy Consumption, Foreign Direct Investment, Fuel Exports and Economic Growth: Evidence from Countries Southeast Asia region

In recent decades, the Southeast Asian region has faced a complex dilemma regarding the interdependence between renewable energy consumption, foreign direct investment (FDI), and fuel exports in the context of economic growth. Increased consumption of renewable energy is driven by government policies to reduce dependence on fossil fuels and tackle climate change, but requires significant capital investment. FDI, which is often necessary to finance this energy transition, is an important catalyst in modernizing infrastructure and increasing production capacity. Meanwhile, fuel exports, a traditional source of income, are under pressure due to global price fluctuations and shifting global energy policies. The combination of these factors determines the dynamics of economic growth in the region, which requires adaptive and proactive policy management to navigate the transition to a more sustainable economy. This research aims to analyzethe relationship between renewable energy consumption, foreign direct investment (FDI), and fuel exports on economic growth in Southeast Asian countries. The research methodology used in this research is quantitative using Eviews 9 software. The research period is 2010-2020. Secondary data was obtained from World Bank reports with a total of 110 samples. Research findings show that Renewable Energy Consumption (REC) influences Economic Growth (EG) in Southeast Asian Countries.