ANALYSIS OF GOVERNMENT BUDGET EFFICIENCY IN SUPPORTING RENEWABLE ENERGY PROJECTS IN INDONESIA PERIOD 2020-2024

This study aims to analyze the efficiency of government budget allocation in supporting renewable energy projects in Indonesia during the period of 2020 to 2024. The research is based on the urgency of transitioning to clean and sustainable energy sources, and the role of national budgets in facilitating the development of renewable energy sectors. A descriptive quantitative method was applied using secondary data analysis from government budget realization reports, non-tax state revenue (PNBP), and the additional capacity of renewable energy. The results show a positive trend in budget efficiency despite fluctuating annual budget allocations. The highest budget allocation occurred in 2021 with Rp61.72 trillion, while in 2024 it decreased significantly to Rp6.97 billion. However, PNBP achievements remained high, and renewable energy capacity steadily increased until 2023. The budget reduction did not result in performance decline but rather indicated improved efficiency and a shift towards more sustainable financing strategies. This study concludes that budget efficiency in the energy sector can be achieved through spending optimization, funding collaboration, and stronger clean energy policy support.