A Brief Outlook on Euro 4 in Indonesia

By: Filda Yusgiantoro, Massita Ayu Cindy & Rahmantara Trichandi In the process of responding to climate change, Indonesia as the 6th largest greenhouse gases (GHG) emitter in the world aims to reduce the national emission (International Energy Agency, 2015). As shown in Figure 1, the transportation sector is the 2nd…

Green Bonds in the Energy Sector

By: Filda Yusgiantoro, Rahmantara Trichandi and Anggun Alfina Zakia A Brief Overview of Green Bonds Projects with high impact on the Sustainable Development Goals (SDGs) commonly required a significant amount of funding. However, these types of projects rarely come with a high return, hence they could attract only a small amount…

The Development of Electricity in Natuna Islands

By: Akhmad Hanan The Natuna Islands is a frontier area of Indonesia and a part of Riau Islands Province. The Natuna Islands has 15 subdistricts, which include Midai, Suak Midai, West Bunguran, Bunguran Batubi, North Bunguran, Laut Island, Tiga Island, West Tiga Island, East Bunguran, Northeast Bunguran, Central Bunguran, South…

What Drives Household Energy Choice for Cooking?

By: Anggun Alfina Zakia Energy and fuel are important factors for household’s welfare in developing countries and key drivers of economic growth and development. As estimated by the International Energy Agency (IEA), approximately 2.8 billion[1] people rely on the traditional use of solid biomass for cooking, where the traditional biomass…

The Implementation of Renewable Energy in the Top Oil Producer Countries

By: Massita Ayu Cindy Background Oil has been in the headline for hundred years and has powered the economy by maintaining the industrial revolution power resources worldwide. The first growth spurt of oil started when there was a discovery of The Spindletop geyser in 1901, and within a year, more…

Indonesia Renewable Energy Development: How far have we gone?

By: Rahmantara Trichandi The year 2006 marked a new era of Indonesia’s energy sector with the implementation of Presidential Regulation Number 5/2006. This regulation was meant to jump-start the renewable energy industries in Indonesia which have a significant potential of energy to be exploited. The regulation was then followed by…

The Determination of Energy Price

Figure 1. A standard supply and demand curve

The World’s Oil Market and OPEC

Figure 1. The curve of oil price history from 1860 to 2017 OPEC History Since 1860, crude oil has been one of the most critical commodities in the world. Long before World War I, the oil market was controlled only by Standart Oil (Exxon), Shell, Nobel, and Rothschild. The last two…

The Unpredictability of Oil Prices

By: Luky Yusgiantoro, Ph.D. Economic analysis is the cornerstone of most important decisions made by major energy stakeholders. The major component in conducting economic analysis is the price, which indicates the value of transaction conducted by consumer and supplier in a market at a particular time. However, the difficulty when…

Policy Review on the Sanctity of Contract

Once parties sign a contract, they are bound by the obligations stated in the contract. In business, it is called the sanctity of contract. It is the contract that assures each party that the cooperation will continue as agreed, regardless if the circumstances change. What is the limit? Is there…

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