Indonesia’s energy policy: A SWOT analysis and effectiveness measure Available to Purchase

Reduced production of fossil fuel, especially oil, encourages the Government to leverage renewable energy (RE) to ensure energy security and independence. Achieving a 23% renewable energy mix by 2025 is Indonesia’s strategy to maintain energy security and independence. As of now, the renewable energy mix has not reached its target. It encourages research on the effectiveness of renewable energy policies to the renewable energy mix. This research aims to determine which renewable energy policies have been effective enough with the renewable energy mix and choose the strategy of RE using SWOT analysis. Based on time-series data from the years 2000-2019, a multiple linear regression was performed. Regulatory instruments, payments, finance, and taxation did not significantly impact the renewable energy mix; however, voluntary approaches did have a substantial and positive impact.