Proceedings of the International conference of Economics Business and Economics Education Science (ICE-BEES-24)

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Financial Services Industry Strategy Architecture for Initiating Biogas Finance Development In Indonesia

Authors
Risanda A. Budiantoro1, *, Mohammad A. Rachman2, Luthfi I. Tsani2, Ahmad Sehabuddin3, Richatul Jannah4, Fitrarena W. Rizkyana4, Enggarningtyas Retno Pinasti1
1Islamic Economics and Finance Study Program, Faculty of Economics and Business, Univeristas Negeri Semarang, Semarang, Indonesia
2Development Economics Study Program, Faculty of Economics and Business, Univeristas Negeri Semarang, Semarang, Indonesia
3Economics Education Study Program, Faculty of Economics and Business, Univeristas Negeri Semarang, Semarang, Indonesia
4Accounting Study Program, Faculty of Economics and Business, Univeristas Negeri Semarang, Semarang, Indonesia
*Corresponding author. Email: risanda.abe@mail.unnes.ac.id
Corresponding Author
Risanda A. Budiantoro
Available Online 4 October 2024.
DOI
10.2991/978-94-6463-522-5_49How to use a DOI?
Keywords
Bioenergy; Biogas Power Plants (Pltbg); Financing Strategies; Renewable Energy Transition; Strategic Architectural Framework
Abstract

Indonesia is an agricultural nation with significant potential for bioenergy (biodiesel, bioethanol, biomass, and biogas) and is poised to see a 50 percent increase in biofuel consumption and production. This potential is crucial for reducing carbon emissions by transitioning from fossil fuels to new and renewable energy sources. This study evaluates the government’s efforts to promote biogas usage via PLTBg (biogas power plants). The study develops a strategic architectural framework using SWOT analysis and the Berlian Porter model with secondary data. The findings outline the development of financing strategies for biogas utilization through PLTBg in three phases: preparation and acceleration (short term), expansion (medium term), and final goal achievement (long term). The financing process follows a build, own, operate, and build-own-transfer business model, incorporating the 5C Principles aligned with ASRI principles. To optimize the biogas financing process, stakeholders have agreed to enhance efficiency in the biogas sector through PLTBg and foster a competitive business environment to prevent agency problems. The goal is that proper implementation of this strategic architecture will expedite the transition to renewable energy, especially biogas, via PLTBg, using suitable funding schemes or financing from the financial services industry.

Copyright
© 2024 The Author(s)
Open Access
Open Access This chapter is licensed under the terms of the Creative Commons Attribution-NonCommercial 4.0 International License (http://creativecommons.org/licenses/by-nc/4.0/), which permits any noncommercial use, sharing, adaptation, distribution and reproduction in any medium or format, as long as you give appropriate credit to the original author(s) and the source, provide a link to the Creative Commons license and indicate if changes were made.

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Volume Title
Proceedings of the International conference of Economics Business and Economics Education Science (ICE-BEES-24)
Series
Advances in Economics, Business and Management Research
Publication Date
4 October 2024
ISBN
978-94-6463-522-5
ISSN
2352-5428
DOI
10.2991/978-94-6463-522-5_49How to use a DOI?
Copyright
© 2024 The Author(s)
Open Access
Open Access This chapter is licensed under the terms of the Creative Commons Attribution-NonCommercial 4.0 International License (http://creativecommons.org/licenses/by-nc/4.0/), which permits any noncommercial use, sharing, adaptation, distribution and reproduction in any medium or format, as long as you give appropriate credit to the original author(s) and the source, provide a link to the Creative Commons license and indicate if changes were made.

Cite this article

risenwbib
TY  - CONF
AU  - Risanda A. Budiantoro
AU  - Mohammad A. Rachman
AU  - Luthfi I. Tsani
AU  - Ahmad Sehabuddin
AU  - Richatul Jannah
AU  - Fitrarena W. Rizkyana
AU  - Enggarningtyas Retno Pinasti
PY  - 2024
DA  - 2024/10/04
TI  - Financial Services Industry Strategy Architecture for Initiating Biogas Finance Development In Indonesia
BT  - Proceedings of the International conference of Economics Business and Economics Education Science (ICE-BEES-24)
PB  - Atlantis Press
SP  - 651
EP  - 668
SN  - 2352-5428
UR  - https://doi.org/10.2991/978-94-6463-522-5_49
DO  - 10.2991/978-94-6463-522-5_49
ID  - Budiantoro2024
ER  -