Priority Business Factors for Green Attributes of Power Supply in Indonesia

Prahara Lukito Effendi, Budisantoso Wirjodirdjo, Sitta Izza Rosdaniah

Research output: Chapter in Book/Report/Conference proceedingConference contributionpeer-review

Abstract

Sustainable development is the main focus in dealing with climate change and global economic growth. PLN, the main provider of electrical energy in Indonesia, faces significant challenges in realizing a sustainable energy transition. This study develop PLN's business model to meet the increasingly specific market needs for renewable energy. This study will concentrate on creating a novel business model that leverages renewable energy and incorporates sustainable features for commercialization. This research employs a sustainable business model framework, an innovative approach to developing a business strategy that prioritizes economic, social, and environmental sustainability. By integrating the Delphi and ANP methods, PLN can obtain the priority factors needed to optimize renewable energy resources. This factor can encourage PLN to develop a sustainable business model strategy to address business challenges and dynamic market needs. The results of the priority factor analysis confirm the importance of value creation as the main dimension in supporting renewable energy businesses in Indonesia, with a focus on utilizing green attributes that meet customer specifications and requirements. In addition, value capture and value delivery underscore management's role in obtaining an effective financial model and providing reliable and sustainable supply quality.

Original languageEnglish
Title of host publication2024 IEEE International Symposium on Consumer Technology
Subtitle of host publicationToward Innovation in Consumer Technology for A Sustainable Environment, ISCT 2024 - Proceeding
PublisherInstitute of Electrical and Electronics Engineers Inc.
Pages682-687
Number of pages6
ISBN (Electronic)9798350365191
DOIs
Publication statusPublished - 2024
Event1st IEEE International Symposium on Consumer Technology, ISCT 2024 - Hybrid, Bali, Indonesia
Duration: 13 Aug 202416 Aug 2024

Publication series

NameDigest of Technical Papers - IEEE International Conference on Consumer Electronics
ISSN (Print)0747-668X
ISSN (Electronic)2159-1423

Conference

Conference1st IEEE International Symposium on Consumer Technology, ISCT 2024
Country/TerritoryIndonesia
CityHybrid, Bali
Period13/08/2416/08/24

Keywords

  • Green Attributes
  • Renewable Energy Transition
  • Sustainable Business Model
  • Triple Bottom Line
  • Value Creation

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