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Economic Potential of Renewable Energy with a Financial Feasibility Approach in Kupang, NTT Achmad Factur Rahman; I Nyoman Gita Indrawan
Jurnal Indonesia Sosial Teknologi Vol. 5 No. 7 (2024): Jurnal Indonesia Sosial Teknologi
Publisher : Publikasi Indonesia

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.59141/jist.v5i7.1180

Abstract

The use of biomass as fuel at PLTU Bolok can reduce emissions, save basic costs for providing electricity and increase fuel alternative competitiveness for PLN. A lot of unproductive vacant land can now be used to plant calliandra trees and used for cofiring, the use of woodchip biomass for cofiring PLTUs can also build a community economy. This research aims to analyze the feasibility of investment using a financial aspect approach in the biomass procurement program in Kupang, NTT. This business feasibility analysis was carried out to find out whether the biomass development plan was feasible from a financial aspect. This research will analyze the Net Present Value (NPV), Net Benefit Cost Ratio (BCR), and Payback Period values for the business.