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 language | English |
|---|---|
| Title of host publication | 2024 IEEE International Symposium on Consumer Technology |
| Subtitle of host publication | Toward Innovation in Consumer Technology for A Sustainable Environment, ISCT 2024 - Proceeding |
| Publisher | Institute of Electrical and Electronics Engineers Inc. |
| Pages | 682-687 |
| Number of pages | 6 |
| ISBN (Electronic) | 9798350365191 |
| DOIs | |
| Publication status | Published - 2024 |
| Event | 1st IEEE International Symposium on Consumer Technology, ISCT 2024 - Hybrid, Bali, Indonesia Duration: 13 Aug 2024 → 16 Aug 2024 |
Publication series
| Name | Digest of Technical Papers - IEEE International Conference on Consumer Electronics |
|---|---|
| ISSN (Print) | 0747-668X |
| ISSN (Electronic) | 2159-1423 |
Conference
| Conference | 1st IEEE International Symposium on Consumer Technology, ISCT 2024 |
|---|---|
| Country/Territory | Indonesia |
| City | Hybrid, Bali |
| Period | 13/08/24 → 16/08/24 |
UN SDGs
This output contributes to the following UN Sustainable Development Goals (SDGs)
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SDG 7 Affordable and Clean Energy
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SDG 8 Decent Work and Economic Growth
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SDG 13 Climate Action
Keywords
- Green Attributes
- Renewable Energy Transition
- Sustainable Business Model
- Triple Bottom Line
- Value Creation
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