Clean energy product markets in sub-Saharan Africa: Complex market devices and power asymmetries

2018 ◽  
Vol 42 ◽  
pp. 80-89 ◽  
Author(s):  
Gillian Davies
Green Finance ◽  
2021 ◽  
Vol 3 (3) ◽  
pp. 268-286
Author(s):  
Paul Adjei Kwakwa ◽  
◽  
Frank Adusah-Poku ◽  
Kwame Adjei-Mantey ◽  
◽  
...  

<abstract> <p>Access to clean energy is necessary for environmental cleanliness and poverty reduction. That notwithstanding, many in developing countries especially those in sub-Saharan Africa region lack clean energy for their routine domestic activities. This study sought to unravel the factors that influence clean energy accessibility in sub-Saharan Africa region. Clean energy accessibility, specifically access to electricity, and access to clean cooking fuels and technologies, were modeled as a function of income, foreign direct investment, inflation, employment and political regime for a panel of 31 sub-Saharan countries for the period 2000–2015. Regression analysis from fixed effect, random effect and Fully Modified Ordinary Least Squares show that access to clean energy is influenced positively by income, foreign direct investment, political regime and employment while inflation has some negative effect on its accessibility. The policy implications from the findings among other things include that expansion in GDP per capita in the sub-region shall be helpful in increasing accessibility to clean energy. Moreover, strengthening the democratic institutions of countries in the region shall enhance the citizens' accessibility to clean energy. Ensuring sustainable jobs for the citizens is necessary for access clean energy.</p> </abstract>


Author(s):  
Bruno Michoud ◽  
Manfred Hafner

AbstractThis chapter aims at synthesising the conclusions of the preceding chapters and it presents specific policy recommendations to foster the redirection of financial flows towards clean energy access solutions in sub-Saharan Africa.


2022 ◽  
Vol 7 ◽  
pp. 8
Author(s):  
Sebastian Finke ◽  
Michele Velenderić ◽  
Semih Severengiz ◽  
Oleg Pankov ◽  
Christof Baum

Access to affordable, reliable and clean energy is an important sustainability goal of the United Nations. In areas where the public electricity grid is unreliable or unavailable, photovoltaic systems can be a solution. However, they are cost-intensive, mainly because of the energy storage systems. Mini-grids can be an answer for reducing upfront investment and overall system lifetime costs while increasing electricity availability. The mini-grid technology is mature, nevertheless, there are downsides when it comes to integrating existing solar systems of different manufacturers. The system topology is usually predefined and a central instance controls the mini-grid. Thus, the integration of existing power systems is difficult due to the communication constraints of these systems with the mini-grid controller. Including existing power systems into a decentralized mini-grid, can highly increase cost-efficiency. In a decentralized approach payments for the consumed energy between mini-grid actors are required. Accounting is, however, a complex administrative procedure, if the respective power systems are owned by different individuals and organizations. A transparent blockchain-based temper-proof approach can be a solution to automate metering and billing, allowing automatic payments between independent subsystem owners using smart contracts. In order to further optimize the smart mini-grid, an artificial intelligence learning algorithm for a dynamic electricity price needs to be developed. This smart and decentralized approach for building Mini-Grids is a novelty bringing solar systems one step closer to self-sufficiency. This paper describes how a smart mini-grid solution can be implemented using the Don Bosco Solar & Renewable Energy Center campus mini-grid in Tema, Ghana as a case study.


2014 ◽  
Vol 137 (3) ◽  
Author(s):  
Kaufui Vincent Wong

The clean, renewable sources of energy are the wind, water, and the sun. Geothermal energy from the Earth is a good source of energy for electricity generation that has not been fully utilized. Sustainable energy sources must have “respect for environment” in the center of the 4-cornered diamond. Respect for the environment is very critical for the energy sources to be long lasting and thus sustainable. Respect for the environment needs to be the central philosophy of keeping the three components of the environment clean and healthy. These components—air, water and the land, overlap three of the four sources of clean energy. Mankind has to be responsible custodians of these three natural resources. One main cause of the energy–water nexus is that about 90% of the world's electricity is manufactured following the Rankine cycle for power generation, and water is used for the removal of heat from the condenser. The energy–water–food nexus arise in some parts of the world mainly because of the local climatic conditions. High population density involved mainly with agriculture and adverse climatic events (floods from melting glaciers owing to climate change) are the major factors that cause these energy–water–food nexus problems. Areas identified to have these energy–water–food problems include several parts of Saharan Africa, Sub-Saharan Africa, the Arabian Peninsula, Japan, and the Punjab.


Author(s):  
Bruno Michoud ◽  
Manfred Hafner

AbstractBefore exploring risk mitigation solutions available to public and private actors, this chapter first focuses on the identification and definition of investment risks associated with clean energy access solutions in sub-Saharan Africa. It provides the reader with a comprehensive understanding of the hurdles linked to clean energy access financing across the region.


Author(s):  
Bruno Michoud ◽  
Manfred Hafner

AbstractThis chapter focuses on the public sector and the tools at its disposal to decrease the risk perception in the clean energy sector in sub-Saharan Africa, encompassing policies, regulations and specific initiatives. It particularly targets policy-makers across the region, as well as development institutions supporting government agencies.


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