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Erma Suryani
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Journal : Journal of Renewable Energy, Electrical, and Computer Engineering

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Economic Analysis for Using Solar Energy Implementation to Support the Development of Nusantara Capital Fadlillah, Muhammad Syamil; Suryani, Erma; Pramundito, Rahmatika Jagad
Journal of Renewable Energy, Electrical, and Computer Engineering Vol. 4 No. 2 (2024): September 2024
Publisher : Institute for Research and Community Service (LPPM), Universitas Malikussaleh, Indonesia

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.29103/jreece.v4i2.16470

Abstract

The dynamic simulation model for economic analysis of solar energy in the new Indonesia's capital named IKN is a computer system designed to evaluate the viability of solar energy as a power source in the new capital being developed in East Kalimantan. The model aims to assess the economic feasibility of solar energy implementation, addressing cost-effectiveness. Strategies include policy enforcement, land optimization, and population growth impacts. The model's validation showed an error rate ‰¤ 5% and error variance ‰¤ 30%, confirming its accuracy. Scenario simulations (most likely, pessimistic, and optimistic) forecasted varying returns on investment (ROI), indicating solar energy's profitability under different conditions. The optimistic scenario predicted the highest ROI of 42% by 2045, with a break-even point by 2026.
Co-Authors Abadi, Syauqi Saswatata Nawal Adi Fadli Aisyah Rahmawati Al Anziy, Misyal S Amalia Utamima Amalia, Shinta Amelia, Lavica Anisa Dzulkarnain Ardianti, Suji Arif Wibisono Arman Hakim Nasution Armansyah Putra, Armansyah Astuti, Feky Fuji Az-Zahra, Farah Helga AZIZURAHMAN, AZIZURAHMAN Bambang Trigunarsyah, Bambang Bandono, Adi Bangun Muljo Sukojo, Bangun Muljo Berlian Rahmy Lidiawaty Buliali, Joko Lianto Catra Aldino Chalvani, Rafief Daffa, Bariqi Raihan Dede Rosyada Diyasa, I Gede Susrama Mas Dody Hartanto Erwin Widodo Fadillah, Muhamad Rifqi Fadlillah, Muhammad Syamil Faradibah, Amaliah Febrianti, Nur Aida Hadiyanto, Abdul Hakim, Fahmi Aulia Hamizi Hamizi, Hamizi HANDEWI P.S. RACHMAN Hardiyanto, Agung Hayatun Nufus Hermansyah Hermansyah Hermansyah Iftitah, Insiyatul Imani Cahya, Rifky Roudana Isabella, Putri Dwi Kamaruddin Kamaruddin Kamila, Imtyaaz Achsanul Kukuh, April Kusliana, Kusliana Kusuma, Moch. Farrel Arrizal Mahardikaningtyas, Rahmayanti Mahdi, Aulia Mahendrawathi ER Meinarini Catur Utami Merdekawaty, Ana Mudjahidin Muh. Faisal Muhammad Iksan, Muhammad Muhammad Syarifuddin Muhammad, Ghifary Mukhlis Mukhlis Musahrain, Musahrain nabil, ahmad Najwa, Dewi Qotrun Nada Nashrul Hakiem Nia Kumaladewi Nurbani, Muhammad Fauzan Nurfatikha, Rih Prajna Nurhairunnisah, Nurhairunnisah Nurjumiati Nurjumiati Nurkasanah, Ika Nurmansyah . NYOMAN DITA PAHANG PUTRA, NYOMAN Pamudi Pamudi, Pamudi Patria, Andika Insan Prakasa, Sahdha Pramana, Aprina Mediyanti Pramundito, Rahmatika Jagad Prasetyohadi, Latif Prastiani, Siti Chaerunisa Priambodo, Tegar Ganang Satrio Prihatina, Ocha Putri Perdana Putri, Regina Verra Santiara Yahya Rachman Arief, Rachman Rafi, Haris Rahman, Dinanti Vita Rahman, Hardianto Rahmaniah, Sri Ita Rahmawati Patta, Rahmawati Ramadhan, Hajid Alauddin Ramadina, Raysa Farah Mumtaz Raulia Riski Reyza Yana Putra, Muhammad Romadhon, Anwar Romi Aprianto Rosack, Natsaree Rosyidah Alfitri Rully Agus Hendrawan Salim, Ika Raharja Santosa, Yoyok Nurkaya Sayidiman Siregar, Rudi Hartono Suharli, Suharli Suharyo, Okol Sri Syahrilfuddin Syahrilfuddin, Syahrilfuddin Syaiful Hidayat, Syaiful Syarif Fitriyanto Tawaqqal, Akbar Virna Muhardina, Virna Walidain, Sri Nurul Widodo, Triady Widyaningsih, Nilasari Mukti Wijaya, Taurisa Yahya, Fahmi Yuga Nugraha, Jadid Pratama Yuniarto, Muhammad Nur Zulkarnain Zulkarnain