Exploring the potentials, barriers and option for support in the Nigeria renewable energy industry.

Adeyanju, Gbadebo Collins; Osobajo, Oluyomi A.; Otitoju, Afolabi; Ajide, Olushola

Abstract

Climate change remains a pivotal area and a persistent challenging issue for deliberation among the nations of the world. Most especially in a country like Nigeria, where fossil fuel remains a pivotal source of socio-economic development and well-being of the society. Transforming the Nigeria electricity sector into a source for reducing the country’s carbon emission remains a significant challenge to policymakers, i.e. the Government. This is attributed to the fact that the nation’s primary energy sources come from traditional biomass and fossil fuel such as coal, and natural oil and gas, which has contributed significantly to the level of carbon emissions. In this paper, we explored and identified the potentials, barriers and option for renewable energy in Nigeria. The findings of the review revealed that the Nigerian electricity sector is crucial to reducing the carbon emission generated in the country. Likewise, it is of no doubt that Nigeria is endowed with a different mix of renewable energy sources. Hence, exploring and developing these renewable energy sources will aid the effort of the government in reducing the country’s input to the global carbon emission, instrumental to the socio-economic development of the country and improved well-being of the society at large. Also, policy recommendations to foster renewable energy development were identified.

Citation

ADEYANJU, C.G., OSOBAJO, O.A., OTITOJU, A. and AJIDE, O.E. 2020. Exploring the potentials, barriers and options for support in the Nigeria renewable energy industry. Discover sustainability, [online], 1(1), article number 7. Available from: https://doi.org/10.1007/s43621-020-00008-5

• Journal Article Type: Article
• Acceptance Date: Nov 20, 2020
• Online Publication Date: Dec 22, 2020
• Publication Date: Dec 31, 2020
• Deposit Date: Dec 14, 2020
• Publicly Available Date: Dec 14, 2020
• Journal: Discover sustainability
• Electronic ISSN: 2662-9984
• Publisher: Springer
• Peer Reviewed: Peer Reviewed
• Volume: 1
• Issue: 1
• Article Number: 7
• DOI: https://doi.org/10.1007/s43621-020-00008-5
• Keywords: Renewable energy development; Renewable energy sources; Climate change; Private sector; Nigeria
• Public URL: https://rgu-repository.worktribe.com/output/1006718