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PT Perusahaan Listrik Negara (Persero) conducted joint research with the Indonesian Export Financing Agency (LPEI)/Indonesia Eximbank regarding the impact of electricity consumption on export value and mapping of sectoral priority areas. This joint study is a follow-up to the signing of the cooperation that has been carried out by both parties on August 25, 2021. The purpose of this joint research is to map and calculate the electrical capacity needs of areas that produce export-oriented products, especially products from value-added sectors such as food & beverage, wood & furniture, pulp & paper, textiles & textile products, automotive, mechanical equipment. & electricity and footwear.

Based on research on 827 sample companies (data on electricity consumption and exports from exporting companies in Indonesia) in the period February 2019 to September 2021, the results obtained are that there is a significant and positive relationship between electricity consumption and the value of Indonesia's exports from the seven value-added sectors.

Head of the LPEI Indonesia Eximbank Institute (IEB Institute) Division, Rini Satriani, said that the results of the regression analysis showed that electricity consumption and sectoral export values ​​had a significant and mutually influencing two-way relationship.

“Increasing electricity consumption as one of the production inputs can directly increase the value of exports. On the other hand, when there is an increase in global demand, the value of exports will increase, thereby increasing the demand for electricity consumption," he said, Thursday (23/6/2022).

According to him, electricity consumption has an impact in the form of a positive elasticity value to the increase in the value of Indonesia's exports at sectoral and regional levels. Some regions in Indonesia even have an elasticity value above one (>1) to the value of sectoral exports, which means that any additional electricity consumption can encourage an increase in the export value of a region or sector.

For example, Banten Province has a positive elasticity value of 1.13 percent of the export value of the food and beverage sector (mamin sector) from the region. This means that if there is an additional one percent of electricity in the food and beverage sector, the export value of the food and beverage sector will increase by 1.13 percent.

Thus, the results of the elasticity measurement can reflect the importance of the role of electricity as one of the production inputs of export-oriented industries in increasing the value of Indonesia's sectoral exports, especially in sectors that have added value.

Meanwhile, the Executive Vice President of Corporate Finance at PLN, Teguh Widhi Harsono, added that the results of this research prove that a reliable electricity supply is able to support national economic activities, especially export activities. "The company is committed to providing sustainable and affordable electricity services for industry players, especially export-oriented," he said.

According to him, currently the company has programs to improve electricity supply services, including the new connection service program (PB), power-added services (PD) with promotions according to the latest themes, temporary connection services (PS), reliable electricity services and without electricity. more efficient flashing, clean energy sales through Renewable Energy Certificate (REC), to electric service for electric vehicle (EV) users.

In addition, PLN provides a PLN Mobile application that supports customer needs through online-based services from complaint and disturbance services, PD/PB/PS application services, swacam, Iconnet internet services, installation interruption services via electricity, to the marketplace.

In the future, the company and LPEI will collaborate and synergize in joint research to encourage Indonesian exports and support Indonesian products. This aims to be able to compete in the global market and strengthen the basis of the national economy.