Renewable Energy Consumption and Generation Forecast in Indonesia

Currently, almost all economic activities require energy and it is a natural energy source that can be utilized as much as possible by the community for prosperity and sustainable development. The potential for renewable energy in Indonesia is very large and its utilization has not been maximized. Consumption of renewable energy (sustainable) according to existing data is still very low, this is because it is still dominated by fossil energy. This study aims to analyze the effects of economic growth, population growth, and subsidized energy, as well as their impact on the development of renewable energy. Based on the secondary data used in this research, it was obtained from World Energy, the Indonesian Ministry of Finance for the previous three years (2018-2021). Analysis of energy consumption and generation in the proposed study uses a multiple linear regression model and results that, economic growth on population growth does not show a major influence on sustainable energy consumption in Indonesia for three years, while consumption of fossil fuel energy still has a large influence. positive effect. and has a significant effect on energy consumption. consumption of renewable energy in Indonesia