Revitalizing PT. Sindo Energy (SE): A Forward-Thinking Proposed Scenario Planning to Navigate Coal-Regulatory Changes and Ensure Sustainability
Journal Title: International Journal of Current Science Research and Review - Year 2023, Vol 6, Issue 12
Abstract
Coal is a valuable natural resource that belongs to the Indonesian state and serves as a crucial raw material for fulfilling the country’s primary energy requirements. Starting from 2022, the Government has made a formal declaration to attain Net Zero Emissions (NZE) by the year 2060. Presidential Decree no. 112 of 2022 has been issued to expedite the development of renewable energy for electricity supply. One of the consequences of this decree is the discontinuation of coal-based power plants, reflecting the government’s dedication to transitioning to alternative energy sources in the future. Sindo Energy (SE) is a mining contractor services company that operates under the Indonesia Mining Alliances (IMA). It specializes in the coal industry and has a significant market share, contributing to a Gross Profit Margin of 93.43%. Naturally, projects that collaborate with SE are firms that own coal and so have the power to influence the overall business operations. This study aims to offer a comprehensive and enduring perspective on the potential future occurrences of scenario planning. The fundamental basis for creating the four scenarios, namely Believing Spirit (BS), Pioneer of Changes (PC), Truly Fighter (TF), and Chameleon Specialist (CS), involves identifying the major focal issues, driving reasons, and sources of uncertainty. This research outlines four scenarios that depict the projected industrial conditions in 2040. Each scenario presents different ramifications and possibilities, as outlined in the study. This research also generates pre-emptive indicators for SE business, which will subsequently prove valuable for corporations in formulating strategic measures that the company can adopt to confront potential situations in the face of future uncertainty, via implementation plans spanning a minimum of 15 years, in the upcoming year.
Authors and Affiliations
Ekky Febri Noor Hamzah, Yudo Anggoro,
Keywords
Related Articles
- EP ID EP725534
- DOI 10.47191/ijcsrr/V6-i12-55
- Views 61
- Downloads 0
Influence of Colors to the Memorization Skill of the Senior High School Students
This study aimed to investigate the influence of colors on the memorization skills of senior high school students at St. Paul University Surigao. This study applied the quantitative research design employing a descriptiv...
Ohio Principal’s Behavior Leadership on Teacher’s Professional Commitment: A Literature Review
Ohio Principal’s Behavior Leadership on Teacher Professional Commitment. The principal’s behavior leadership is one of the components that support schools to achieve educational goals with good quality, how to lead in in...
Abnormal Returns around the Announcement of Covid-19 Cases on Stock Prices in Indonesia
The purpose of this study is to find out whether there is a difference in abnormal returns on the day around the first announcement of the COVID-19 case and to find out whether there is a difference in abnormal returns a...
Enhancing Customer Service in Banking with AI: Intent Classification Using Distilbert
With the increasing demand for efficient and responsive customer service in the banking sector, artificial intelligence offers a promising solution. This paper presents a comparative analysis of artificial intelligence m...
Exercise, Body Image and Self-Esteem: A Review
This review of literature examines the relationship between exercise, body-image and self-esteem. The relationship between exercise, body image, and self-esteem has gathered significant focus in studies of psychological...