A PESTLE Policy Mapping and Stakeholder Analysis of Indonesia’s Fossil Fuel Energy Industry

Abstract

Indonesia has a long-standing history of reliance on fossil fuels, which reflects the country's vast reserves of crude oil, natural gas, coal, and other resources. Consequently, the potential of Indonesia's fossil energy industry is both complex and multi-layered. This paper aims to carry out a policy mapping and stakeholder analysis of Indonesia's fossil energy industry, adopting a PESTLE (Political, Economic, Social, Technology, Legal, and Environmental) approach, which allows identification of multidisciplinary stakeholders and underlying relationships across the sector. The outcomes from the analysis indicated the importance of strategically aligning the stakeholders' policies to the needs of other relevant stakeholders. Furthermore, the central and regional governments need to work closely in order to better sense if there is a change in the policy, be receptive to anticipating the potential impacts, and to avoid policies being executed in an isolated manner.

Developments and Trends of Mergers and Acquisitions in the Energy Industry

“…Within the context of our research, PESTLE is a valuable tool to determine driving forces of M&As in the energy industry, because it is a strong analytical tool and may be used for understanding the external environment and landscape of various projects, businesses, and industries. Framework of PESTLE analysis is frequently used by business and management practitioners to investigate the environment in which they operate or plan to launch new operations [17]. Furthermore, PESTLE analysis may be used to monitor the macroeconomic or other external factors that have an impact on that environment.…”

“…Furthermore, the PESTLE framework may be used to provoke further research directions [18]. PESTLE framework has been employed by various scholars in the field [13,[17][18][19]. In the context of this paper, the PESTLE analysis focuses on various changes in the industry that researchers, practitioners, scholars, and policymakers should address in order to approach M&As in the energy industry and adopt solutions that would benefit related stakeholders.…”

The Development of Teaching Case Studies to Explore Ethical Issues Associated with Computer Programming

“…There are a number of pre-existing computer ethics case studies, for example, those provided by the ACM (https://ethics.acm.org/integrity-project/case-studies/), but it was felt that the lessons would be more effective if case studies were identified that would be both relevant to the students and of interest to them. To help brainstorm some of the relevant content, a PESTLE (Political, Economic, Sociological, Technological, Legal and Environmental) analysis was undertaken [37], yielding four key areas that were deemed to be relevant and appealing to the students: Social (the 2020 Irish state examinations), Political (the 2016 political bias of Google), Technical (autonomous cars), and Legal (judicial sentencing software), each of which will be detailed in section 3 of this paper.…”

The contestation of ideas behind Indonesia's rural electrification policies: The influence of global and national institutional dynamics

“…Further, within the last decade, some researchers have used the actor‐centred approach in which the actor is the main unit of analysis. In particular, exploring actors' behaviour towards energy policies (Dzikrurrokhim, 2021; Enzary, 2017; Yudha & Tjahjono, 2019), identifying actors' interests (Jakob et al, 2020; Yudha et al, 2018) and preferences (Yudha et al, 2021), and explaining the institutional barriers (Marquardt, 2017; Yudha & Tjahjono, 2019).…”