Evaluating renewable energy choices among rural communities in Nigeria. An insight for energy policy

2020 ◽  
Vol ahead-of-print (ahead-of-print) ◽  
Author(s):  
Innocent Okwanya ◽  
Abdulkareem Alhassan ◽  
Job Pristine Migap ◽  
Simon Adeka Sunday
Keyword(s):  
Renewable Energy ◽  
Rural Communities ◽  
Energy Policy ◽  
Multinomial Logistic Regression ◽  
Renewable Energy Sources ◽  
Energy Sources ◽  
North Central ◽  
Content Type ◽  
The Cost ◽  
Policy Incentives

Purpose This study aims to examine the effects of policy incentives and cost on the choice and use of renewable energy in North-Central Nigeria. Design/methodology/approach The data for this study are collected from a sample of 290 respondents drawn from across 6 states in North-Central Nigeria, including the Federal Capital Territory. This study uses descriptive statistics and multinomial logistic regression to analyze the data. Findings The findings reveal that there is a huge potential demand for renewable energy sources (particularly solar photovoltaic) in the rural communities in Nigeria. It also indicates a positive and highly significant relationship between the level of awareness, availability and income and the use (consumption) of renewable energy sources among the rural communities. Furthermore, the cost of installation and maintenance of renewable energy, its reliability and availability are significant determinants of renewable energy choices among rural inhabitants in Nigeria. Practical implications The authors submit that inefficient policy strategies, high cost of installation and lack of awareness remain the major hindrances to the use of more efficient renewable energy sources. From a policy point of view, a viable strategy for effective use of renewable energy sources is the involvement of government, development partners and agencies for the funding of renewable energy technology in the rural sector of the country. The usage of modern renewable energy would increase if policy incentives are aimed at covering parts of the maintenance and installation cost of renewable energy users. The authors recommend that apart from creating awareness on the benefits of renewable energy, policymakers should provide a desirable policy environment for private energy firms to supply renewable energy at an affordable cost to the rural communities in Nigeria. Social implications A majority of the rural households in Nigeria, as shown in this article, are poor and therefore use firewood as their main source of cooking energy because of the cost of renewable energy. Originality/value Despite the abundance of renewable energy sources and government effort at improving renewable energy use, more than 15 million people live without access to electricity and 54 million are without modern energy services for cooking and lightening in Nigeria. A total of 61% of these people live in rural areas. Therefore, this study is novel in providing energy policy insights for rural communities in North-Central Nigeria.

scholarly journals The Concept of Multiple Impacts of Renewable Energy Sources: A Critical Review

Energies ◽  
2021 ◽  
Vol 14 (11) ◽  
pp. 3183
Author(s):  
Michaela Makešová ◽  
Michaela Valentová
Keyword(s):  
Renewable Energy ◽  
Energy Policy ◽  
Renewable Energy Sources ◽  
Energy Sources ◽  
The European Union ◽  
Multiple Impacts ◽  
Energy Field ◽  
Full Picture ◽  
The Difference ◽  
Social Environmental

Reaching climate neutrality by 2050 is one of the main long-term objectives of the European Union climate and energy policy, and renewable energy sources (RES) are integral parts of this transition. RES development results in many effects, direct and indirect, linked to each other, societal, local and individual, i.e., “multiple impacts of RES” (MI RES). These effects need to be carefully assessed and evaluated to obtain the full picture of energy field transformation and its context, and enable further development of RES. Nevertheless, the MI RES concept is often presented misleadingly and its scope varies throughout the literature. This paper provides a literature overview of the methodologies of this concept and presents a new concept of MI RES, respecting the difference between effects resulting from the implementation of RES and ultimate multiple impacts. We have summarized the effects into four groups: economic, social, environmental, and technical, which all lead to group of ultimate multiple impacts. Finally, we provide the complex overview of all MI RES and present the framework, which is used to analyze the multiple impacts and effects of RES and to show how the RES development leads and contributes to these impacts and effects. The concept is recommended to be considered in designing a robust energy policy by decision-makers.

scholarly journals Strategic Aspects of Economic and Energy Policy of Ukraine in the Context of Sustainable Development

2021 ◽  
Vol 1 (516) ◽  
pp. 65-76
Author(s):  
O. V. Klymchuk ◽  
◽  
S. V. Kozlovskyi ◽  
R. V. Lavrov ◽  
◽  
...  
Keyword(s):  
Sustainable Development ◽  
Renewable Energy ◽  
Energy Saving ◽  
Energy Policy ◽  
Renewable Energy Sources ◽  
The State ◽  
Energy Industry ◽  
Energy Sources ◽  
High Tech ◽  
The World

The article is aimed at developing strategic directions and introducing regulatory measures for the formation of Ukraine’s energy policy on the principles of energy saving and the development of renewable energy industry. On the basis of scientific works, the main organizational-economic vectors of energy industry sector development are systematized, which are associated with the formation of a favorable socio-political climate regarding the priority of using renewable energy sources in the fuel and energy complex; development of effective methods of both the State-based and the market-based regulation by the world community; coordination of the strategy of sustainable development of the world economy. It is determined that the energy saving policy should be based on a flexible combination of the State-based regulation and the market environment for the formation of the most acceptable stimulation mechanisms in the specific economic and political situations, which allows for the greatest economic benefit. It has been found out that the implementation of energy saving processes is impossible without the mass use of renewable energy carriers, which are a universal resource for processing to the right types of energy, are marked by energy independence related to obtaining economic benefits and contribute to the creation of an ecological friendly environment. In the perspective, the energy saving processes, the transition of the national economy to wide implementation in the production of high-tech technologies and the use of renewable energy sources should become the determining factors of Ukraine’s energy strategy.

scholarly journals Assessing Renewable Energy Sources for Electricity (RES-E) Potential using a CAPM-Analogous Multi-Stage Model

Energies ◽  
2019 ◽  
Vol 12 (19) ◽  
pp. 3599 ◽  
Author(s):  
Martinez-Fernandez ◽  
deLlano-Paz ◽  
Calvo-Silvosa ◽  
Soares
Keyword(s):  
Power Generation ◽  
Renewable Energy ◽  
Carbon Capture ◽  
Renewable Energy Sources ◽  
Carbon Capture And Storage ◽  
Offshore Wind ◽  
Energy Sources ◽  
Low Carbon ◽  
Multi Stage ◽  
The Cost

Carbon mitigation is a major aim of the power-generation regulation. Renewable energy sources for electricity are essential to design a future low-carbon mix. In this work, financial Modern Portfolio Theory (MPT) is implemented to optimize the power-generation technologies portfolio. We include technological and environmental restrictions in the model. The optimization is carried out in two stages. Firstly, we minimize the cost and risk of the generation portfolio, and afterwards, we minimize its emission factor and risk. By combining these two results, we are able to draw an area which can be considered analogous to the Capital Market Line (CML) used by the Capital Asset Pricing model (CAPM). This area delimits the set of long-term power-generation portfolios that can be selected to achieve a progressive decarbonisation of the mix. This work confirms the relevant role of small hydro, offshore wind, and large hydro as preferential technologies in efficient portfolios. It is necessary to include all available renewable technologies in order to reduce the cost and the risk of the portfolio, benefiting from the diversification effect. Additionally, carbon capture and storage technologies must be available and deployed if fossil fuel technologies remain in the portfolio in a low-carbon approach.

scholarly journals The Cost-Benefit Analysis of the Electricity Production from Small Scale Renewable Energy Sources in the Conditions of Romania

2019 ◽  
Vol 32 ◽  
pp. 385-389 ◽  
Author(s):  
Pavel Atănăsoae ◽  
Radu Dumitru Pentiuc ◽  
Dan Laurențiu Milici ◽  
Elena Daniela Olariu ◽  
Mihaela Poienar
Keyword(s):  
Renewable Energy ◽  
Cost Benefit Analysis ◽  
Renewable Energy Sources ◽  
Cost Benefit ◽  
Electricity Production ◽  
Energy Sources ◽  
Small Scale ◽  
Benefit Analysis ◽  
The Cost

Characterization of economic and ecological advantages and challenges in development of conventional and unconventional hydrocarbon, non-hydrocarbon and renewable energy sources for resource-based economy in Kazakhstan

2020 ◽  
Author(s):  
Aleksandr Ivakhnenko ◽  
Beibarys Bakytzhan
Keyword(s):  
Renewable Energy ◽  
Natural Gas ◽  
Renewable Energy Sources ◽  
Energy Sources ◽  
Environmental Damage ◽  
Generation Process ◽  
The Sun ◽  
Low Carbon ◽  
Unconventional Oil ◽  
The Cost

<p>In global socioeconomic development facing climate change challenges to minimize the output of greenhouse gas (GHG) emissions and moving to a more low-carbon economy (LCE) the major driving force for success in achieving Sustainable Development Goals (SDGs) is the cost of energy generation. One of the main factors for energy source selection in the power supply and energy type generation process is the price parameters often influenced at different degree by government policies incentives, technological and demographic challenges in different countries. We research the energy sources situation and possible development trends for developing country Kazakhstan with resource-based economy. In general, the economic aspects affect the quality and quantity of energy generated from different sources with incentives for environmental concern. Traditional energy sources in Kazakhstan, such as coal, oil and natural gas remain low-cost in production due to high reserve base, which leads to steady growth in this area. In general, the cost for generating 1 kWh of energy from the cheapest carbon source of energy sub-bituminous coal is about 0.0024 $, for natural gas 0.0057 $, conventional oil 0.0152 $ (conventional diesel is 0.0664 $) and for expensive unconventional oil 0.0361 $, whereas renewable hydrocarbons could potentially become more competitive with unconventional oil production (methanol 0.0540 $, biodiesel 0.0837 $, bioethanol 0.1933 $ for generating 1 kWh). Furthermore, we consider the main non-traditional and renewable energy sources of energy from the sun, wind, water, and biofuels, hydrogen, methane, gasoline, uranium, and others. There is a difference between the breakeven prices of conventional gas and biomethane (0.0057 $ and 0.047 - 0.15 $ respectively averaging 0.0675 $ per 1 kWh for biomethane) which is often related to the difference in their production methods. The main advantage of biomethane is environmentally friendly production. We also propose an assessment of fuel by environmental characteristics, where one of the hazardous sources Uranium is forth cheap 0.0069 $ per kWh, but the environmental damage caused by its waste is the greatest. At the same time hydropower is seven times more expensive than uranium, but it does not cause direct health damage issues, however influencing significantly ecosystem balance. Hydrogen fuel is the most expensive among others. Overall in Kazakhstan energy-producing from the sun, wind and biogas is more expensive comparing with global trends from 0.4 to 5.5 cents per 1 kWh, but remains cheaper for hydropower. In addition, based on the research findings we analyzed the potential for sustainable non-renewable and renewable energy development in the future for the case of the resource-based economy in Kazakhstan. </p>

Lower storage costs will drive renewable energy growth

2018 ◽  
Keyword(s):  
Renewable Energy ◽  
Offshore Wind ◽  
Competitive Bidding ◽  
Energy Sources ◽  
Energy Costs ◽  
Solar Thermal Energy ◽  
Content Type ◽  
Energy Growth ◽  
Energy Options ◽  
The Cost

Subject Renewable energy costs. Significance Renewable energy costs continue to fall in both absolute terms and relative to conventional energy sources. Impacts The switch to competitive bidding will see costs peak and then decline for governments that face high subsidy bills from feed-in tariffs. The portfolio of subsidy-free renewable energy options will grow in the next five years to include solar thermal energy and offshore wind. Technology advances will particularly reduce the cost over the next decade of building offshore wind capacity.

Sign in / Sign up

Export Citation Format

Share Document