Predicting the future of Indonesia: energy, economic and sustainable environment development

Author:

Wayan Ngarayana I,Sutanto Jepri,Murakami Kenta

Abstract

Abstract Indonesia was one of the most top oil exporters which believe it has a vast fossil fuel reserve. However, after some decades of exploration, oil production decreasing gradually. In around 2004, the oil production lowers than consumption that forced Indonesia to enter the period of oil net importer. The other fossil energy resource depletion predicted will happen soon. Indonesia will enter the era of natural gas and coal net importer around 2028 and 2038, respectively. The fast depletion of fossil energy reserves, the momentum of the “golden age” population, environmental protection, and technological limitations to exploit new and renewable energy resources pose particular problems in Indonesian economic development. By using several energy forecasting results that are modelled in several ways, the discussion then is conducted qualitatively from the correlation between energy, economic, and environmental perspectives to predict the future conditions of Indonesia. From this study, we argue that there are several challenge scenarios that will ultimately overcome, especially in increasing energy security or suppressing the growth of energy consumption by curbing industrialization.

Publisher

IOP Publishing

Subject

General Engineering

Reference13 articles.

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