Overcoming the Market Constraints to On-grid Renewable Energy Investments in Nigeria PDF Download

Author: Fadekunayo Adeniyi
Publisher:
ISBN: 9781784671495
Category :
Languages : en
Pages :

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Author: Luqman Adedokun
Publisher: GRIN Verlag
ISBN: 3668439133
Category : Science
Languages : en
Pages : 18

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Essay from the year 2016 in the subject Energy Sciences, , language: English, abstract: This paper discusses the Renewable Energy Resources in Nigeria, its sources, features, potentials and constraints. The use of fossil fuel in our daily activities has adverse effects on our society. As a result, the need to make a shift to other sources of Energy is paramount. Climate Change in the world we live in is no longer news, hence the need to seek alternative sources of energy to ensure that the earth remains habitable for mankind. The Nigerian environment affords the exploitation of various renewable source of energy, ranging from solar energy, wind, tidal, just to mention a few. Nigeria has the opportunity to harness its energy resources in a clean and environmentally friendly manner.

Author: Ngozi Chinwa Ole
Publisher: Taylor & Francis
ISBN: 1000835537
Category : Political Science
Languages : en
Pages : 295

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This book investigates the role of law in enabling and addressing the barriers to the development of off-grid renewable electricity (OGRE). The limited development of OGRE is ascribed to a host of social, economic, and legal barriers, including the problem of initial capital costs, existing subsidies for conventional electricity, and lack of technological and institutional capacity. Through the analyses of selected case studies from Africa, Asia, Europe and North and South America, this book discusses the typical barriers to the development of OGRE from a global perspective and examines the role of the law in addressing them. Drawing together the lessons learnt from the case studies, this book offers robust recommendations on how the development of OGRE will support the goal of achieving universal access to low carbon, reliable, and sustainable electricity globally. This volume will be of great interest to students, scholars, policy makers, investors, and practitioners in the fields of energy law and policy, climate change, and renewable energy development.

Author: Emmanuel Odoyi
Publisher: GRIN Verlag
ISBN: 3656641897
Category : Science
Languages : en
Pages : 38

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Research Paper (postgraduate) from the year 2013 in the subject Energy Sciences, grade: 1.7, University of Applied Sciences Berlin (Engineering), course: Sustainable Development, language: English, abstract: Electricity is an important feature for economic development. The necessity lies in the fact that electricity affects every aspect of our economy. Nigeria should aim towards sustainable electricity access to its citizens. Nigeria must have a stable electrical energy supply to meet the market, basic needs of the people. A nation whose energy supply is not reliable does not help in the development of the national economy. Nigeria is a nation with more than 162 million inhabitants with less electric access to both rural and urban areas. This study has reviewed and analyzed the challenges and opportunities facing Electricity Access in Nigeria. The study has employed approach to good features of sustainable development system in the Nigerian electrical energy sector by proposing a sustainable strategies and alternatives for energy access through the use of solar power, wind and hydro power, and Bio-mass . Also, the study clearly explained and analyzed the problems facing the electricity in Nigeria. Thus, this study has used literature review methods, to gather information’s on Energy Sector in general and existing literatures on the Nigeria Energy Sector as well as a SWOT/PEST Matrix of the Nigerian Energy sector.

Author:
Publisher:
ISBN:
Category :
Languages : en
Pages : 0

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Author: Sesan Abiodun Aransiola
Publisher: Springer Nature
ISBN: 3031689119
Category :
Languages : en
Pages : 404

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Author: George Umeji
Publisher:
ISBN:
Category :
Languages : en
Pages : 0

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The impact of renewable energy consumption on economic growth in Nigeria, is aimed at establishing the relationship between renewable energy consumption and economic growth in Nigeria. The oil price volatility in the international oil market in the last decade has led to a substantial rise in the demand for renewable energy sources. Nevertheless, the provision of energy needed for growth and at the same time mitigating against its hazardous effects on the environment is a major world problem. The paper used secondary data from the World Bank data bank from 1990 to 2020 for its analysis. It used Toda-Yamamoto augmented granger causality test to test for the nature of the relationship between the two variables and Auto Regressive Distributive Lag (ARDL) bounds test to examine the impact of renewable energy consumption on economic growth. The study found a bi-directional relationship between the variables. The regression results also showed a significant positive impact of renewable energy consumption on economic growth. The work concluded that renewable energy consumption enhances economic growth in Nigeria. It therefore, recommends that government should encourage investments in the renewable energy sector by providing conducive business environment and also create awareness on the importance of the use of renewable energy in the country.

Author: Osahon Omoregie
Publisher:
ISBN:
Category :
Languages : en
Pages : 22

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The urgent need to de-carbonize the world economies, ensure energy security and sustainable development has engender a global resort to renewable energy resource utilization. While some jurisdictions are investing heavily on its deployment, Nigeria seems to be lagging behind, perhaps, due to its continuous reliance on a fossil fuel driven economy and other systemic challenges. The paper explore the potentials and benefits of renewable energy resource utilization in Nigeria. The paper argue that in line with global trends, if Nigeria truly desire to meet its commitments under the Paris Accord and Sustainable Development Goals targets, it should accelerate its investment and development of renewable energy resources. To surmount barriers and challenges militating against Nigeria's renewable energy agenda, the researcher concludes by recommending the removal of fuel subsidy to allow for a level playing ground for investors; and the need to leverage on investment opportunities by enacting fiscal laws and policies that encourage foreign investment, promote public private partnerships, facilitate Research and Development, ensure efficient technology transfer, and proper development of renewable energy resources in the country.

Author: Manfred Hafner
Publisher: Springer
ISBN: 331992219X
Category : Business & Economics
Languages : en
Pages : 125

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This open access book presents a picture of the current energy challenges on the African continent (and the Sub-Saharan region in particular) and proposes pathways to an accelerated energy transition. Starting with an analysis of the status quo and the outlook for Africa’s energy demand and energy access, it provides an account of the available resources, including hydrocarbons and renewable energy resources, which are playing an increasingly crucial role. It then moves on to analyze the level of investment required to scale-up Africa’s energy systems, shedding light on the key barriers and elaborating on potential solutions. It also provides a suggestion for improving the effectiveness of EU–Africa cooperation. While mainly intended for policymakers and academics, this book also speaks to a broader audience interested in gaining an overview of the challenges and opportunities of the African energy sector today and in the future.

Author: Ottmar Edenhofer
Publisher: Cambridge University Press
ISBN: 9781107607101
Category : Science
Languages : en
Pages : 1088

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This Intergovernmental Panel on Climate Change Special Report (IPCC-SRREN) assesses the potential role of renewable energy in the mitigation of climate change. It covers the six most important renewable energy sources - bioenergy, solar, geothermal, hydropower, ocean and wind energy - as well as their integration into present and future energy systems. It considers the environmental and social consequences associated with the deployment of these technologies, and presents strategies to overcome technical as well as non-technical obstacles to their application and diffusion. SRREN brings a broad spectrum of technology-specific experts together with scientists studying energy systems as a whole. Prepared following strict IPCC procedures, it presents an impartial assessment of the current state of knowledge: it is policy relevant but not policy prescriptive. SRREN is an invaluable assessment of the potential role of renewable energy for the mitigation of climate change for policymakers, the private sector, and academic researchers.