Renewable Energy, Bullish Investment?
Renewable energy is an interesting thing to be considered as working field in near future. This energy source is still undervalued, and it can be analyzed that the performance will be "BULLISH" (as what the stock traders say) in about 10 years. But why renewable energy is that important?
First, a consideration of people to convert to renewable energy is about its sustainability and cleanness. Renewable energy will be sustain longer than fossil energy, and also less harm to the environment. As it can be seen, on the long term issue, renewable energy should has been the major source of energy. But back to the basic, all these energy sources are used to get profit, and this was the main disadvantage of renewable energy. Petroleum industry is more profitable than the renewable energy. It seems that the renewable energy still need some years to be considered. Moreover, there are some step before renewable energy to be considered after petroleum industry, named unconventional hydrocarbon. It seems that the resource to be gained is that massive, and a lot of reservoir to be explored. The journey will need to go to unconventional hydrocarbon before go to renewable energy. This is the pessimistic concept which should be considered. But there is something missing there, especially in the context of Indonesia.
The potency of renewable energy in Indonesia is huge. We have the biggest geothermal resource in the world, and tropical islands with sun shines brightly all the year. Unfortunately, even the usage of geothermal energy in Indonesia is only about 5% of total potency. Of course we still need to exploit more in geothermal and solar energy, but how long will we need to wait?
The issue is there, about Indonesia Emerging Economy 2025, and developed country in 2050. The prediction has been reported, that we need energy consumption twice as much as we use today, considering the economic and population growth.
And as can be seen in the graph, the growth of renewable energy will be significant compared to other resources. from around 5 % to around 20%, and what does this growth need? People!! That is why the development will be massive later and the preparation should be done from now on. Yes, the next big thing will be unconventional energy, but the exploitation will not be that easy, too. There are still problems to be faced: transportation & piping between islands, the price and market for gas (Indonesian gas price is considered as "high" in South East Asia), and many other problems. Also, it can be seen that the changes in some years won't be too much, since the development of gas as energy has been done some years ago. Don't forget about the clean energy too, as people are more aware about the global warming effect.
Also the advantage of renewable energy is, although the profit is not that big, the implementation in regional scale are mostly successful. The produced energy won't be massive, but please consider that not every region have the petroleum reservoir also, while we can use solar energy anywhere. The development for its efficiency should be accelerated so the energy source problem won't be a big issue in the future. I think I'm ready for renewable energy. Di you have other point of view? Please tell me more in comment section, let's discuss here
source: PETA JALAN KEBIJAKAN GAS BUMI NASIONAL 2014-2030
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