THE IMPACT OF ENERGY PRODUCTION, CONSUMPTION AND IMPORT ON THE BUDGETARY ENERGY REQUIREMENT OF INDONESIA

Bambang Santoso Haryono,Abdul Hakim,Mardiono Mardiono,Safri Safri,Qomariyatus Sholihah

doi:10.32479/ijeep.10587

Abstract

THE IMPACT OF ENERGY PRODUCTION, CONSUMPTION AND IMPORT ON THE BUDGETARY ENERGY REQUIREMENT OF INDONESIA

Highlights

The energy resources of any country get the intention of their regulatory along with budget-making authorities and researchers due to its importance in the economic growth of the country
The findings revealed a positive association among energy production along with energy consumption and import and budgetary requirement of the energy in Indonesia
Energy production is measured as energy production in a year in kWh, while energy consumption is measured as energy usage, and energy import is measured as the import of energy as a percentage of energy usage

Summary

Introduction

The energy resources of any country get the intention of their regulatory along with budget-making authorities and researchers due to its importance in the economic growth of the country. The demand for energy resources has followed the increasing trend in every state, irrespective of developed and underdeveloped countries (Chen et al, 2019) These growing demands are alarming for the budget-making authorities and enhance their attention to fulfill the energy demand of their country by strengthening the budgetary requirement of the energy in the country (Kerr et al, 2017). This requirement could be fulfilled by improving the production of energy along with its imports and reduction of energy consumption in the country (Gillard and Lock, 2017).

Objectives

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Results

Conclusion