![]() The relationship between capital markets, oil price, and renewable energy is multifaceted, with significant implications for the sustainability of electric vehicles (EVs) in the future. You might not agree, but it is a discussable topic. These are my 2 cents after combining what I already know from my dissertation, and from reading above references. While not all of them may be academic journals (of which my professor, Pablo Collazzo might not like it), they still hold great potential in providing insights and understanding on the topic at hand.ġ. While I did not have the energy to read through all the materials, I was drawn to explore the correlation between capital market, oil price, renewable energy, and their effects on the sustainability of EV.Īlthough the references I have at hand are not current from 2022/2023, they can still be valuable sources to consider. To ease my thoughts, I resorted to indulging in some light reading from my DBA dissertation in the field of energy transition and renewable energy. My dear mother passed away almost a month ago, and my mind has been restless ever since. #renewableenergy #research #energy #power #indonesiaĬurrently, I am a bit insomniac. ![]() The paper's comprehensive approach has garnered significant appreciation from both the renewable industry and academia. The proposed incentives are designed to meet the specific requirements of Indonesia and the trilemma energy aspect This paper aims to provide solutions and recommendations to reduce exploration costs through geothermal technology research and development, focusing on cost and risk reduction in the G20 collaboration. The G20 collaboration must come together to develop effective incentives to reduce the risk and cost associated with geothermal exploration. Despite the various incentives provided, the cost and risk associated with geothermal exploration have not been reduced significantly. The rising cost of geothermal-based electricity generation, particularly for the greenfield, is caused by the exploration cost, which has made geothermal development unfavorable, particularly for affordability policy in the Indonesian energy sector. However, despite the Indonesian government's support in terms of financial incentives, regulations, and technical assistance, the installed geothermal power plant was only approximately 6.3% in 2018. As a renewable energy source, geothermal is the most reliable due to its highest capacity factor, making it the ideal base load in the electric grid. ![]() This makes Indonesia the second-largest geothermal power plant installed capacity in the world, second only to the United States. Indonesia is blessed with a massive potential for geothermal energy, with an estimated capacity of 29 GWe. Back in 2020, We had this paper as screenshot, and the topic is very tricky in which we have conclusion as written in abstract below.
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