Scenario Planning for Strategic Decision-Making in Captive Power Plant: A Case Study of EBC Company Facing Global Net Zero Emission Challenges Beyond 2031
Journal Title: International Journal of Current Science Research and Review - Year 2024, Vol 7, Issue 07
Abstract
Greenhouse gas emissions from human activities, especially the combustion of fossil fuels, increased world surface temperatures by 1.1 °C between 2011 and 2020 compared to the 1850–1900 period. In order to limit global temperature rise, and achieve net-zero emissions by mid-century, as outlined in the Paris Agreement—which Indonesia signed in 2016—a substantial decrease in coal usage is imperative. This poses uncertainties for coal-dependent companies like Eastern Borneo Coal (EBC) in Indonesia. This study investigates the business environment uncertainties faced by EBC, particularly regarding its captive coal power plants, and assesses the potential risks associated with various future scenarios using scenario planning method. Findings suggest EBC must prioritize equipment upgrades and compliance measures in stricter regulatory environments, enhance operational efficiency and diversify investments in favourable conditions, implement cost reduction strategies and focus on high-quality coal production in challenging markets, and maintain flexibility and explore export opportunities under looser regulations. Emphasizing the importance of monitoring key indicators, engaging with stakeholders, and investing in sustainable technologies, the study provides strategic insights to help EBC navigate future uncertainties and maintain competitiveness, positioning it as a leader in sustainable energy practices beyond 2031.
Authors and Affiliations
Muhammad Azhar, Pri Hermawan,
Keywords
Related Articles
- EP ID EP740218
- DOI 10.47191/ijcsrr/V7-i7-28
- Views 44
- Downloads 1
The Effects of Motivational Factors on Employee Performance: A Case Study on Telecommunication Sector in Nangarhar, Afghanistan
This study evaluates the impact of motivating variables on worker performance in Nangarhar, Afghanistan’s telecommunications industry. The data from relevant respondents is gathered using the stratified random sampling t...
The Influence and Benefits of Technology as a Strategy in Organizations
The article presents a description of “The Influence and Benefits of Technology as a Strategy in Organizations.” Technology is considered as a competitive advantage, which allows organizations to benefit, this technology...
Directive Speech Act used in WA (WhatsApp) Messenger in Academic Discourse
This research studies about directive speech act in WhatsApp (WA) messengers. The objectives of the research is to describe the type of directive speech act. This research is descriptive qualitative research. The subject...
Quality and Quantity of Hydroponic Rice Forage Ciherang and IR64 Varieties at Different Harvest Ages
The purpose of this study is to determine how different harvest ages and varieties affect the quantity and quality of fodder produced by hydroponically cultivated rice plants. The study design was a 2 x 3 factorial, comp...
The Importance of E-Worksheet Based on Problem Based Learning Activity to Improving Student's System Thinking Skills: Science Teacher's Perspective
This research aims to describe the importance of learning media in the form e-worksheet with a problem-based learning model to improve students’ systems thinking skills which focuses on Energy material. The research mode...