Energy price comparison of new, renewable, and fossil energy sources

Low cost transportation for people and goods is essential to the economic well-being of the nation. Until now, if the oil prices rise, the cost of transportation will automatically follow and most of the people suffering due to soaring prices of food and other items. Almost 100 percent of Indonesian transportation energy demand is supported by oil. Supply disruption - or even the threat of disruption - in the Middle East or elsewhere may lead to a shift in consumer prices and the cost of the industry in significant numbers. While costs in the energy sector, especially electricity in developed countries that also contribute significantly to support the transport sector, is much more stable and predictable. Energy requirements are so high in the transport sector tends to force people to seek the source and means of energy in other forms such as electricity or hydrogen that can match or exceed the performance of fuel oil. This paper aims to analyze the economics of energy price comparison to see the extent of the economic opportunities some kind of energy to play a significant role in the transport sector and the subsequent impact on the energy system. From the results obtained by the analysis that will be increasingly necessary role of nuclear energy and other specific energy as a source of electrical energy considering its economical aspects are relatively better. (author)