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Journal : COUNT: Journal of Accounting, Business and Management

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ANALYSIS OF THE REALIZATION OF DOMESTIC MARKET OBLIGATION POLICY ON NATIONAL ENERGY SECURITY INDEPENDENCE Oxaria Silviana Devi; Suryaningsum, Sri; Sutoyo
Count : Journal of Accounting, Business and Management Vol. 1 No. 3 (2024): January: COUNT: Journal of Accounting, Business and Management
Publisher : CV. Fahr Publishing

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.61677/count.v2i2.302

Abstract

Prior to the implementation of the Domestic Market Obligation (DMO), coal mining companies preferred to sell coal to international users rather than use it for domestic utilization. A possible explanation for this is that the revenue that coal mining companies can earn internationally is more than domestically and market instability further limits coal supply options. This research aims to evaluate the effectiveness of the coal DMO in the context of national energy security in Indonesia during 2020-2023. It seeks to analyze the extent to which the policy has been realized and its implications for the country's energy landscape. Employing a post-positivism approach, this research utilizes qualitative data collection methods to gather insights on the implementation of the coal DMO policy. The study examines relevant documents and policy reports in the energy sector to assess the realization and impact of the Coal DMO. The findings show that the realization of the Coal DMO has not been optimal because the target was only achieved in 2022 and 2023. This is due to several factors, namely not all coal specifications are suitable for domestic power plants, there is a price disparity between domestic prices and international prices and the fines or compensation implemented are not sufficient to form sustainable compliance for coal mining entrepreneurs. The conclusions of this study contribute to the existing literature on energy policy and national security. It is also useful for policy makers, energy stakeholders and researchers interested in the dynamics of energy governance and security in Indonesia.
Co-Authors Abdus Shomad Ama Farida Sari AMELIA SETYAWATI, AMELIA Arien Heryansyah Arif Yusron Afifi Aryani Sairun Aswat, Amarilla Bagus Saefulloh, Bagus Bambang Widiyatmoko Bayu Eko Broto Binti Mohd Mustamil , Norizah Budiman, Michael Jayanto Chairul Baria Chairul Bariah Chusnul Arif dedi irawan Dina Hendiani Dina Hendiyani Dwi Hanto Eko Daryanto Endang Syahriani Eny Wahyuning Purwanti Fajrinur Fajrinur Fatimah Zuhra Fausan, Ahmad Ferdiananda Chadafi, Muhammad Fuad Bahrul Ulum Handoyo, GTPAK Hanita, Margaretha Harley Agustian Hayanuddin Safri Hayati, PK Dewi Herlambang, Sri Mulyanto Husna, Syifa Ul Ibadil Maula, Farij Irianto Uripan, Koen Kornelis, Veri Kuswandi Ludi Wishnu Wardana Lukman Maghriza, Zachri Mahfud M Gamar Muhammad Nur Ichwan Muhammad Reza NASUTION, ATIKA AINI Nasya Nathalia Navrynda Putri Oxaria Silviana Devi Prawira, Gilang Indracakti Purwanto, Moh Yanuar J Putra, Heriansyah Rahmad Khalis Rahmati Rahmati Rahmi Rahmi Rantelino, Owen Riri Anggriani Rita Zahra Saktioto Sattya Arimurti Satyanto Krido Saptomo Sidik, Rizqi Fahma Sofiyuddin, Hanhan A. Son Ali Akbar Sri Murniyanti Sri Suryaningsum Suri, Sulih Almaudi SUTOMO Syafiudin, Moh Fifik Tri Putri Utami Tri Sudibyo Warnita Widowati Yundrawan Ega Wibowo Yusuf A Samad Zuhri Nurisna Zulfikar Zuriani Ritonga