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Renewable Energy Resource Utilization in Nigeria

2020
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Release : 2020
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Book Synopsis Renewable Energy Resource Utilization in Nigeria by : Osahon Omoregie

Download or read book Renewable Energy Resource Utilization in Nigeria written by Osahon Omoregie. This book was released on 2020. Available in PDF, EPUB and Kindle. Book excerpt: 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.

Renewable Energy Resource Potentials and Constraints in Nigeria

2017-04-28 Science
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Release : 2017-04-28
Genre : Science
Kind : eBook
Book Rating : 133/5 ( reviews)

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Book Synopsis Renewable Energy Resource Potentials and Constraints in Nigeria by : Luqman Adedokun

Download or read book Renewable Energy Resource Potentials and Constraints in Nigeria written by Luqman Adedokun. This book was released on 2017-04-28. Available in PDF, EPUB and Kindle. Book excerpt: 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.

Renewable Energy Consumption and Economic Growth in Nigeria

2023
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Release : 2023
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Book Synopsis Renewable Energy Consumption and Economic Growth in Nigeria by : George Umeji

Download or read book Renewable Energy Consumption and Economic Growth in Nigeria written by George Umeji. This book was released on 2023. Available in PDF, EPUB and Kindle. Book excerpt: 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.

Challenges and Opportunities of Sustainable Electricity Access in Nigeria

2014-04-22 Science
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Release : 2014-04-22
Genre : Science
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Book Rating : 897/5 ( reviews)

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Book Synopsis Challenges and Opportunities of Sustainable Electricity Access in Nigeria by : Emmanuel Odoyi

Download or read book Challenges and Opportunities of Sustainable Electricity Access in Nigeria written by Emmanuel Odoyi. This book was released on 2014-04-22. Available in PDF, EPUB and Kindle. Book excerpt: 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.

Development of Renewable Energy Resources for Sustainable Energy Use in Nigeria

2018
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Release : 2018
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Book Synopsis Development of Renewable Energy Resources for Sustainable Energy Use in Nigeria by : Olotu Yahaya

Download or read book Development of Renewable Energy Resources for Sustainable Energy Use in Nigeria written by Olotu Yahaya. This book was released on 2018. Available in PDF, EPUB and Kindle. Book excerpt: This review examines the potentials of renewable energy resources in Nigeria which is aimed at reducing dependence on the carbon-based energy sources. The theoretical and technical potentials of renewable energy resources (solar radiation, biogas, wind, and hydropower energy) indicated that Nigeria has strong potential of meeting energy demand for agricultural, domestic and industrial without relying on fossil fuel. An average daily solar radiation (Rs) and wind energy of 12.1MJ/m2 to 28.5 MJ/m2, 3.3 m/s to 7.0 m/s in the coastal to the northern part of the country could generate 427,000MW, hydropower, biogas and wind energy were estimated to have energy potentials of 11,000MW and 6.6 million (m3) of biogas daily. The CO2 emits from renewable energy source is very low when compared with the conventional energy source and this makes it to be environmentally and human friendly. The current energy stress in Nigeria can be improved by formulating robust energy-based policies and researches capable of achieving some level of renewable energy development. Thus, strong internship between the developed world where lot of discoveries and breakthrough had made on the subject matter and developing is greatly encouraged.

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