Massita Ayu Cindy

Researcher at Purnomo Yusgiantoro Center

Massita Ayu Cindy is a researcher at Purnomo Yusgiantoro Center (PYC). She is currently a doctoral student at the School of Strategic & Global Studies, Universitas Indonesia, under the scholarship program from Purnomo Yusgiantoro Center.

At PYC, she coordinates research in energy economy and financing. She is also in charge of community and engagement partnerships. She has been involved in various energy research projects such as geothermal feasibility study, Indonesia’s manufacturing industry review from the energy perspective, biogas implementation in rural areas, mini LNG feasibility study, Indonesia’s natural gas price adjustment and crowdfunding for NRE alternative financing. She has contributed writing in many articles, opinions and research papers subject to energy-related issues such as biomass and natural gas.

Aside from research activities, she also actively participated in various energy-related events. For example, as an Indonesia’s delegate at Student Energy Summit in London, a jury on IPest-PYC Business Case Competition, jury on National Youth Summit for Renewable Energy (NYSRE) 2020, and as well as guest lecturer, speaker, and moderator on numerous events at universities and seminars.

Outside her work at PYC, she loved designing things, singing, eating, traveling, hang out with friends, and shopping. She also prefers to chill out and unwind to recharge her energy.

She holds a bachelor’s and master’s degree from Institut Teknologi Bandung (ITB) through a fast track program which allows her to finish both degrees within five years.

Research interests: oil and gas, renewable energy, geothermal, energy economics, energy policies

Brief Report

Crowdfunding Potential: Willingness to Invest and Donate for Green Project in Indonesia

Highlights:Individual investors prefer to have an investment with high ROI rather than a low-profit investment with environmental and social benefits. Males invest and...

Mapping Indonesia’s EV Potential in Global EV Supply Chain

Highlights:Energy transition in the transportation sector is indicated by the gradual shifting from the use of internal combustion engine (ICE) vehicles to electric...

Carbon Tax Implementation in the Energy Sector: A Comparative Study in G20 and ASEAN...

Highlights:This report shows that six G20 countries (Japan, South Africa, Argentina, France, Ireland, and Mexico) and one ASEAN Member States (Singapore) have implemented...

Leveraging the Potential of Crowdfunding for Financing Renewable Energy

Highlights:Renewable energy (RE) projects in Indonesia usually have IRR between 10% and 15% and PP around 6 to 30 years. Attractive return usually...

Evaluating the New Regulated Gas Pricing Policy for Industrial Customers in Indonesia

The objective of the GoI to regulate an affordable natural gas price through MEMR Regulation No. 8/2020 undoubtedly benefit the industrial sector. However, the...



Prof. Ir. Purnomo Yusgiantoro, MSc, MA, PhD, IPU

Founder of Purnomo Yusgiantoro Center (PYC)

Purnomo Yusgiantoro is the Founder of Purnomo Yusgiantoro Center (PYC). He received his bachelor degree (Ir.) in Petroleum Engineering from Institut Teknologi Bandung, Indonesia; MSc in Engineering from Colorado School of Mines, USA; MA in Economics from University of Colorado, USA; and PhD in Mineral Economics from Colorado School of Mines, USA. Since 2014, Purnomo dedicates much of his time, knowledge, and skills to teaching the subject of energy economics at Institut Teknologi Bandung (ITB). In addition, Purnomo is the Co-founder of Universitas Pertahanan (Unhan), Indonesia, where he teaches the subject of energy security until now. He is now a senior advisor for the Executive Office of the President Republic of Indonesia.

Purnomo has vast experiences working and contributing in the energy and defence sector of Indonesia. He worked as a consultant for the World Bank and Asian Development Bank (ADB) in the field of energy economics and sustainable development. He also acted as the Chairman of Board of Commissioners for Pertamina. Purnomo has held a position as Vice Governor of National Defense Agencies (Lemhannas). Purnomo was the Minister of Energy and Mineral Resources of the Republic of Indonesia for three consecutive terms, from 2000 until 2009. After that, he held the position of Minister of Defense of the Republic of Indonesia between 2009 and 2014. In the global sphere, Purnomo served as the Governor of Organization of Petroleum Exporting Countries (OPEC) and its Secretary General as well as President, based in Vienna, Austria. He also carried the responsibility as the Chairman of the ASEAN Ministers of Energy Meeting (AMEM). He continues his devotion to the energy sector development by establishing PYC in 2016.