Articles
<![CDATA[Financial viability analysis for green hydrogen production opportunity from hydropower plant’s excess power in Indonesia ]]>
<![CDATA[Hardana, Hendy Eka]]>;
<![CDATA[Adiwibowo, Pupung]]>;
<![CDATA[Sunitiyoso, Yos]]>;
<![CDATA[Kurniawan, Tri Edi Kusuma]]>
<![CDATA[ International Journal of Renewable Energy Development Vol 13, No 5 (2024): September 2024 ]]>
Publisher : <![CDATA[Center of Biomass & Renewable Energy (CBIORE) ]]>
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DOI: 10.61435/ijred.2024.60304
<![CDATA[The research presents a comprehensive analysis of the financial viability of producing green hydrogen from excess power generated by small hydropower plants in Indonesia. It highlights Indonesia’s commitment to increasing renewable energy sources to achieve net zero emissions by 2060 and the role of Perusahaan Listrik Negara (PLN) in this transition. The study examines the potential of utilizing dormant excess power from retroactive small hydropower plants to produce green hydrogen, which could significantly decarbonize hard-to-abate sectors and enhance energy security. The authors conducted a financial analysis using the NREL H2A Production Model to determine the optimal technical arrangement and financial simulation for green hydrogen production. The paper discusses various electrolyzer technologies, with a focus on alkaline water electrolyzers due to their high technology readiness level and low capital expenditure. It also explores the sensitivity of the levelized cost of hydrogen to different factors, particularly the cost of utilities. The findings suggest that green hydrogen production from small hydropower plants is economically feasible in Indonesia, with the potential to contribute to the global hydrogen market and support the country’s green circular economy. The study concludes that green hydrogen production using excess electricity from small hydropower plants is a viable method for decarbonization and offers scalability for future energy production in Indonesia, with the first initial step being as a green hydrogen and natural gas co-firing fuel mixing in gas turbines.]]>
<![CDATA[Scenario Planning Development For Gold Retail Company ]]>
<![CDATA[Khairunnisa, Nadia]]>;
<![CDATA[Sunitiyoso, Yos]]>
<![CDATA[ GEMA EKONOMI Vol 12 No 6 (2023): GEMA EKONOMI ]]>
Publisher : <![CDATA[Fakultas Ekonomi Universitas Gresik ]]>
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DOI: 10.55129/https://doi.org/10.55129/.v12i4.2927
<![CDATA[As time goes by, investment has become essential for the people of Indonesia. Gold is among the most popular instruments of the various investment instruments. Approximately 46% of Indonesians choose gold as the best investment method. This percentage is the highest compared to other investments, such as mutual funds (32%) and bank deposits (30%). PT EAY, a subsidiary of PT ANTAM Tbk, aims to enter and become a leading player in the retail business of gold, jewelry and domestic microbes. Scenario planning is needed to be able to find out the various uncertainties in the business environment. This study aims to identify the uncertainty factors affecting the gold retail industry and PT EAY over the next five years. This research is qualitative, with seven predetermined profile respondents from each category of stakeholders. The data used is primary data that has been collected through interviews and analyzed. The results of the interviews and analysis show that the most significant factor in the gold retail industry is influenced by two critical uncertainties: economic growth and technology. This study provides conclusions regarding scenarios to overcome future uncertainties and how to implement them. In order to be successful in the gold retail industry, companies must be able to create products that have advantages compared to other competitors and have an effective marketing strategy to expand the target market]]>
<![CDATA[Developing Business Strategy To Achieve Sustainable Gas Deliverability Business For Kangean Energy Indonesia Ltd. Through Scenario Planning ]]>
<![CDATA[Samara Natalia Siregar, Raissa]]>;
<![CDATA[Sunitiyoso, Yos]]>
<![CDATA[ GEMA EKONOMI Vol 12 No 7 (2023): GEMA EKONOMI ]]>
Publisher : <![CDATA[Fakultas Ekonomi Universitas Gresik ]]>
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DOI: 10.55129/https://doi.org/10.55129/.v12i4.2927
<![CDATA[Indonesia's rapid economic growth has increased energy demands, necessitating a robust energy security strategy. In this context, natural gas is crucial as a transitional energy source for achieving net-zero emissions. Despite the abundance of natural gas reserves in the country, the government foresees a potential imbalance between demand and supply, posing risks of disruptions in the energy sector. To address these challenges, this study focuses on formulating a business strategy for Kangean Energy Indonesia Ltd. (KEI) over the next five years, focusing on ensuring sustainable gas deliverability through applying qualitative scenario planning. Scenario planning is a valuable analytical tool to identify and address the uncertainties that may impact the Indonesian gas industry. This methodological approach builds a strong foundation for developing effective business strategies. Â The research draws upon both primary and secondary data sources. Based on a comprehensive stakeholder mapping, primary data is acquired through interviews with eight carefully selected stakeholders. Through these interviews, the study highlights two critical uncertainties that significantly influence the gas industry: supply and infrastructure. The study culminates in creating a comprehensive scenario framework complemented by detailed narratives exploring plausible future developments. Furthermore, the research delves into the implications and options for alternative strategies in light of these scenarios. Additionally, identifying early warning signals becomes instrumental in KEI's agile response to potential changes in the industry landscape. Through this approach, KEI can enhance its preparedness to address future challenges, ensuring sustained success in the dynamic and ever-evolving gas deliverability business. As Indonesia's energy landscape continues to evolve, KEI's commitment to scenario planning will be instrumental in securing the nation's stable and prosperous energy future]]>
<![CDATA[The Role of Fintech Lending in Financial Inclusion and Poverty Alleviation: A Systematic Review ]]>
<![CDATA[Airlangga, Thomas]]>;
<![CDATA[Sunitiyoso, Yos]]>;
<![CDATA[Sudrajad, Oktofa Yudha]]>
<![CDATA[ International Journal of Management, Entrepreneurship, Social Science and Humanities Vol. 8 No. 2 (2025): January - June Volume ]]>
Publisher : <![CDATA[Research Synergy Foundation ]]>
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DOI: 10.31098/ijmesh.v8i2.3115
<![CDATA[Fintech lending has emerged as a transformative tool for expanding financial inclusion and reducing poverty. This study conducts a systematic literature review (SLR) of 39 articles published between 2010 and 2023, using Scopus as the primary database, to evaluate the impact of fintech lending on poverty alleviation across different socio-economic contexts. The findings reveal that fintech lending enhances financial accessibility through mobile money, digital microfinance, and alternative credit-scoring mechanisms, particularly benefiting underserved populations. However, challenges such as the digital divide, financial literacy gaps, and risks of over-indebtedness persist. Islamic finance models, including digital zakat and Shariah-compliant microfinance, have shown the potential to support poverty alleviation in Muslim-majority regions. Effective fintech implementation depends on adaptive regulatory frameworks, consumer protection measures and integration with traditional financial institutions. This study contributes to the literature by synthesizing global insights on fintech’s role in poverty alleviation and identifying key success factors for sustainable financial inclusion. Policymakers and practitioners can leverage these findings to develop inclusive fintech ecosystems that mitigate risks while maximizing social and economic impact. Future research should explore the long-term effects of fintech lending and its role in environmental sustainability and regulatory advancements.]]>
<![CDATA[Digital Transformation for Carbon Emission Management as a Strategic Driver for Scope 3 Emission Accountability in the Energy Sector ]]>
<![CDATA[Fitriastuti, Fransisca]]>;
<![CDATA[Sunitiyoso, Yos]]>
<![CDATA[ International Journal of Economics Development Research (IJEDR) Vol. 6 No. 3 (2025): International Journal of Economics Development Research (IJEDR) ]]>
Publisher : <![CDATA[Yayasan Riset dan Pengembangan Intelektual ]]>
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DOI: 10.37385/ijedr.v6i3.7865
<![CDATA[According to the acceleration of Indonesia’s energy transition and carbon pricing policies, the role of digital transformation in managing carbon emissions is important, especially in addressing Scope 3 emissions, which are still the most complex and indirect (World Bank, 2024). This study explores how the Greenomina platform is implemented by PT Pertamina (Persero) acts as a digitally enabled mechanism for Scope 3 emissions tracking, management, and stakeholder accountability. By applying two frameworks, which are the Digital Transformation Canvas (DTC) and Triple Layer Business Model Canvas (TLBMC), this study identifies critical drivers of ESG integration, employee engagement, and carbon data transparency in PT Pertamina (Persero)’s internal systems (Elia et al., 2024). The findings highlight the transformative potential of corporate innovation in driving to decarbonization strategies while also highlighting persistent barriers such as limited technological infrastructure and digital literacy gaps among internal employee. This study contributes to the growing literature on strategic digitalization for environmental sustainability, offering practical insights for other companies in carbon-intensive sectors, and the pioneer of accountability in carbon emission management. This study aims to become an acceleration of the carbon footprint management for employees, especially in Energy Sector and projected to be implemented by State-Owned Enterprises or Badan Usaha Milik Negara (BUMN) ecosystems in Indonesia.]]>
<![CDATA[Optimizing Coal Transportation Modes in Jambi Province: Strategic Decision-Making Using Integrated FAHP-Fuzzy TOPSIS ]]>
<![CDATA[Firmansyah, Choiril]]>;
<![CDATA[Sunitiyoso, Yos]]>
<![CDATA[ International Journal of Economics Development Research (IJEDR) Vol. 6 No. 4 (2025): International Journal of Economics Development Research (IJEDR) ]]>
Publisher : <![CDATA[Yayasan Riset dan Pengembangan Intelektual ]]>
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DOI: 10.37385/ijedr.v6i4.7889
<![CDATA[The process of this research is to integrate the Fuzzy Analytic Hierarchy Process (FAHP) method and the Fuzzy Technique for Order Preference by Similarity to Ideal Solution (Fuzzy TOPSIS) by creating a strategic decision-making framework to optimize coal transportation modes in Jambi Province, Indonesia. An analysis of the inefficiency of coal transportation in Jambi was conducted due to the failure to achieve production targets, which were only 44-50% of the target set for 2022 and 2023.A thorough analysis has been conducted to determine both the criteria and sub-criteria for evaluating alternative coal transportation modes, starting from trucks using dedicated coal routes, combinations of trucks with dedicated coal trains, combinations of trucks with barges, and combinations of trucks with conveyors and barges. Underpinned by strong methodology controlling evaluation discrepancies and guaranteeing study validity, the approach included expert opinions from 25 stakeholders spanning government, industry, academia, and community sectors. Results reveal that at 38.5%, transportation costs are the most significant element; environmental impact follows at 27.3%; safety concerns at 19.8%; and time efficiency at 14.4%. Based on the analysis results, both through criteria weighing and testing against alternatives, it was found that the best mode of transportation is trucks using the special coal road. And it is recommended to consider the level of operational efficiency, reduction of environmental impact, and increasing regional competitiveness compared to other regions by selecting the most effective and strategic mode of transportation.]]>
<![CDATA[Developing Business Strategy To Achieve Sustainable Gas Deliverability Business For Kangean Energy Indonesia Ltd. Through Scenario Planning ]]>
<![CDATA[Samara Natalia Siregar, Raissa]]>;
<![CDATA[Sunitiyoso, Yos]]>
<![CDATA[ GEMA EKONOMI Vol 12 No 7 (2023): GEMA EKONOMI ]]>
Publisher : <![CDATA[Fakultas Ekonomi Universitas Gresik ]]>
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DOI: 10.55129/https://doi.org/10.55129/.v12i4.2927
<![CDATA[Indonesia's rapid economic growth has increased energy demands, necessitating a robust energy security strategy. In this context, natural gas is crucial as a transitional energy source for achieving net-zero emissions. Despite the abundance of natural gas reserves in the country, the government foresees a potential imbalance between demand and supply, posing risks of disruptions in the energy sector. To address these challenges, this study focuses on formulating a business strategy for Kangean Energy Indonesia Ltd. (KEI) over the next five years, focusing on ensuring sustainable gas deliverability through applying qualitative scenario planning. Scenario planning is a valuable analytical tool to identify and address the uncertainties that may impact the Indonesian gas industry. This methodological approach builds a strong foundation for developing effective business strategies. Â The research draws upon both primary and secondary data sources. Based on a comprehensive stakeholder mapping, primary data is acquired through interviews with eight carefully selected stakeholders. Through these interviews, the study highlights two critical uncertainties that significantly influence the gas industry: supply and infrastructure. The study culminates in creating a comprehensive scenario framework complemented by detailed narratives exploring plausible future developments. Furthermore, the research delves into the implications and options for alternative strategies in light of these scenarios. Additionally, identifying early warning signals becomes instrumental in KEI's agile response to potential changes in the industry landscape. Through this approach, KEI can enhance its preparedness to address future challenges, ensuring sustained success in the dynamic and ever-evolving gas deliverability business. As Indonesia's energy landscape continues to evolve, KEI's commitment to scenario planning will be instrumental in securing the nation's stable and prosperous energy future]]>
<![CDATA[Developing Business Strategy To Achieve Sustainable Gas Deliverability Business For Kangean Energy Indonesia Ltd. Through Scenario Planning ]]>
<![CDATA[Samara Natalia Siregar, Raissa]]>;
<![CDATA[Sunitiyoso, Yos]]>
<![CDATA[ GEMA EKONOMI Vol 12 No 9 (2023): GEMA EKONOMI ]]>
Publisher : <![CDATA[Fakultas Ekonomi Universitas Gresik ]]>
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DOI: 10.55129/https://doi.org/10.55129/.v12i4.2927
<![CDATA[Indonesia's rapid economic growth has increased energy demands, necessitating a robust energy security strategy. In this context, natural gas is crucial as a transitional energy source for achieving net-zero emissions. Despite the abundance of natural gas reserves in the country, the government foresees a potential imbalance between demand and supply, posing risks of disruptions in the energy sector. To address these challenges, this study focuses on formulating a business strategy for Kangean Energy Indonesia Ltd. (KEI) over the next five years, focusing on ensuring sustainable gas deliverability through applying qualitative scenario planning. Scenario planning is a valuable analytical tool to identify and address the uncertainties that may impact the Indonesian gas industry. This methodological approach builds a strong foundation for developing effective business strategies. Â The research draws upon both primary and secondary data sources. Based on a comprehensive stakeholder mapping, primary data is acquired through interviews with eight carefully selected stakeholders. Through these interviews, the study highlights two critical uncertainties that significantly influence the gas industry: supply and infrastructure. The study culminates in creating a comprehensive scenario framework complemented by detailed narratives exploring plausible future developments. Furthermore, the research delves into the implications and options for alternative strategies in light of these scenarios. Additionally, identifying early warning signals becomes instrumental in KEI's agile response to potential changes in the industry landscape. Through this approach, KEI can enhance its preparedness to address future challenges, ensuring sustained success in the dynamic and ever-evolving gas deliverability business. As Indonesia's energy landscape continues to evolve, KEI's commitment to scenario planning will be instrumental in securing the nation's stable and prosperous energy future]]>
<![CDATA[Developing Business Strategy To Achieve Sustainable Gas Deliverability Business For Kangean Energy Indonesia Ltd. Through Scenario Planning ]]>
<![CDATA[Samara Natalia Siregar, Raissa]]>;
<![CDATA[Sunitiyoso, Yos]]>
<![CDATA[ GEMA EKONOMI Vol 12 No 10 (2023): GEMA EKONOMI ]]>
Publisher : <![CDATA[Fakultas Ekonomi Universitas Gresik ]]>
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DOI: 10.55129/https://doi.org/10.55129/.v12i4.2927
<![CDATA[Indonesia's rapid economic growth has increased energy demands, necessitating a robust energy security strategy. In this context, natural gas is crucial as a transitional energy source for achieving net-zero emissions. Despite the abundance of natural gas reserves in the country, the government foresees a potential imbalance between demand and supply, posing risks of disruptions in the energy sector. To address these challenges, this study focuses on formulating a business strategy for Kangean Energy Indonesia Ltd. (KEI) over the next five years, focusing on ensuring sustainable gas deliverability through applying qualitative scenario planning. Scenario planning is a valuable analytical tool to identify and address the uncertainties that may impact the Indonesian gas industry. This methodological approach builds a strong foundation for developing effective business strategies. Â The research draws upon both primary and secondary data sources. Based on a comprehensive stakeholder mapping, primary data is acquired through interviews with eight carefully selected stakeholders. Through these interviews, the study highlights two critical uncertainties that significantly influence the gas industry: supply and infrastructure. The study culminates in creating a comprehensive scenario framework complemented by detailed narratives exploring plausible future developments. Furthermore, the research delves into the implications and options for alternative strategies in light of these scenarios. Additionally, identifying early warning signals becomes instrumental in KEI's agile response to potential changes in the industry landscape. Through this approach, KEI can enhance its preparedness to address future challenges, ensuring sustained success in the dynamic and ever-evolving gas deliverability business. As Indonesia's energy landscape continues to evolve, KEI's commitment to scenario planning will be instrumental in securing the nation's stable and prosperous energy future]]>
<![CDATA[Developing Business Strategy To Achieve Sustainable Gas Deliverability Business For Kangean Energy Indonesia Ltd. Through Scenario Planning ]]>
<![CDATA[Samara Natalia Siregar, Raissa]]>;
<![CDATA[Sunitiyoso, Yos]]>
<![CDATA[ GEMA EKONOMI Vol 12 No 11 (2023): GEMA EKONOMI ]]>
Publisher : <![CDATA[Fakultas Ekonomi Universitas Gresik ]]>
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DOI: 10.55129/https://doi.org/10.55129/.v12i4.2927
<![CDATA[Indonesia's rapid economic growth has increased energy demands, necessitating a robust energy security strategy. In this context, natural gas is crucial as a transitional energy source for achieving net-zero emissions. Despite the abundance of natural gas reserves in the country, the government foresees a potential imbalance between demand and supply, posing risks of disruptions in the energy sector. To address these challenges, this study focuses on formulating a business strategy for Kangean Energy Indonesia Ltd. (KEI) over the next five years, focusing on ensuring sustainable gas deliverability through applying qualitative scenario planning. Scenario planning is a valuable analytical tool to identify and address the uncertainties that may impact the Indonesian gas industry. This methodological approach builds a strong foundation for developing effective business strategies. Â The research draws upon both primary and secondary data sources. Based on a comprehensive stakeholder mapping, primary data is acquired through interviews with eight carefully selected stakeholders. Through these interviews, the study highlights two critical uncertainties that significantly influence the gas industry: supply and infrastructure. The study culminates in creating a comprehensive scenario framework complemented by detailed narratives exploring plausible future developments. Furthermore, the research delves into the implications and options for alternative strategies in light of these scenarios. Additionally, identifying early warning signals becomes instrumental in KEI's agile response to potential changes in the industry landscape. Through this approach, KEI can enhance its preparedness to address future challenges, ensuring sustained success in the dynamic and ever-evolving gas deliverability business. As Indonesia's energy landscape continues to evolve, KEI's commitment to scenario planning will be instrumental in securing the nation's stable and prosperous energy future]]>
