Courses : Intermediate Macroeconomics Lecturer : Frischa Adellia Semester : 4th Semester, 2022/2023 Sesion Investment In Energy Investment in renewable energy is the activity of buying and developing technology and infrastructure to produce clean and renewable energy, such as solar energy, wind energy, hydro energy, geothermal energy, and so on. The goal is to reduce dependence on non-renewable fossil energy sources and minimize the negative environmental impacts caused by the use of fossil energy. Investments in renewable energy can also provide new business opportunities and create jobs in the green energy sector. Investments in renewable energy usually require substantial capital, but with advances in technology and increased efficiency in renewable energy production, investment costs are becoming more affordable. Investments in renewable energy can be made by private companies or governments, and often involve partnerships between the private and public sectors. Some of the characteristics and characteristics of investing in renewable energy include: 1. Sustainable: Investments in renewable energy have a long-term goal of producing energy that is sustainable and environmentally friendly. Renewable energy is unlimited and renewable, so investment in this sector can provide long-term benefits. 2. Low emissions: Renewable energy produces lower carbon emissions compared to fossil energy. Investing in renewable energy can help reduce carbon emissions and accelerate the transition to a low-carbon economy. 3. Technological innovation: Investments in renewable energy can also drive technological innovation in the production and storage of renewable energy. This can open up new business opportunities and create jobs in the energy sector. 4. Increasing access to energy: Investing in renewable energy can also help increase access to energy for people who live in remote areas or who do not have adequate access to energy. 5. Social and environmental impact: Investing in renewable energy can have a positive impact on local communities and the environment. For example, by reducing air and water pollution, improving public health and increasing awareness of the importance of the environment and sustainability. Examples of investments in renewable energy include the construction of solar power plants, wind power plants, hydro power plants, and so on. Investment in renewable energy refers to investment in technology and infrastructure related to the production and utilization of energy derived from renewable energy sources such as solar, wind, hydro, and geothermal. The characteristics of investing in renewable energy include: o Reducing dependence on increasingly scarce and expensive fossil fuels o Encouraging the development of more efficient technologies in the production of renewable energy o Reducing greenhouse gas emissions and other negative impacts from the use of fossil energy on the environment o Can be a source of income and new jobs in the renewable energy industry Examples of investing in renewable energy include building solar power plants, wind power plants, hydro power plants, and developing battery technology for renewable energy storage. In addition, investment in renewable energy can also include building infrastructure to support the production and distribution of renewable energy such as electricity transmission and distribution networks, installation of solar panels in homes and commercial buildings, and electric vehicle charging facilities. Investments in renewable energy can help countries achieve the goals of reducing greenhouse gas emissions that have been set out in international agreements such as the Paris Agreement on Climate Change. Thus, investment in renewable energy can also have a positive impact in maintaining environmental balance and public health in the future. However, like investing in other sectors, investing in renewable energy also has risks and challenges, such as fluctuations in energy prices and technology that is still not fully mature. Therefore, it is necessary to carry out careful analysis and planning before investing in renewable energy. Examples of investment in renewable energy are the construction of solar, wind, hydro, and biomass power plants. For example, several countries have succeeded in increasing the production of renewable energy through significant investment in this sector. For example, in 2019, the United Arab Emirates announced plans to invest around $160 billion to generate 50% renewable energy by 2050. In the United States, several large companies such as Apple and Google have invested in renewable energy, including power generation. solar and wind power generation. Investments in renewable energy can also have positive socio-economic impacts, such as creating new jobs in the renewable energy sector and improving the welfare of local communities through better and cheaper access to clean and affordable energy. In the context of sustainable development, investment in renewable energy is one of the most important investments to make. This helps in meeting current and future energy needs, while maintaining environmental balance and assisting in achieving climate change goals.