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Renewable Energy Oil Prices Industrialization And Economic Growth In Sub Saharan Africa
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Book Synopsis Renewable Energy, Oil Prices, Industrialization and Economic Growth in Sub-Saharan Africa by : Stephen Ansah
Download or read book Renewable Energy, Oil Prices, Industrialization and Economic Growth in Sub-Saharan Africa written by Stephen Ansah and published by . This book was released on 2022 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: The ever-increasing demand for sustainable energy and development requires a shift from non-renewable energy consumption across the globe, particularly the Sub-Saharan African region. The sub-Saharan African region is projected to experience population growth and impressive economic growth of 7% and 6% respectively by 2050, which is expected to increase energy consumption further, emphasizing climate change and sustainable development. However, there is a lack of empirical evidence on fundamental factors that drive renewable energy usage in sub-Saharan Africa. This paper assesses the dynamic linkages between renewable energy, oil price, industrialization, and economic growth in sub-Saharan Africa. We used the cross-sectional augmented Autoregressive distributed (CS-ARDL), and the common correlated effect means group (CCEMG) to analyze such linkages for the period 1990-2015 while exploring the dynamics of energy consumption across income levels. The key empirical findings confirm a bidirectional causal relationship between renewable energy consumption and economic growth in the long-run. The effect of renewable energy consumption is only observed for low and lower-middle income economies within the sub-region. The study further reveals a positive impact of oil prices on the economic growth of the sub-region.
Book Synopsis The Political Economy of Energy in Sub-Saharan Africa by : Lucky E. Asuelime
Download or read book The Political Economy of Energy in Sub-Saharan Africa written by Lucky E. Asuelime and published by Routledge. This book was released on 2017-09-29 with total page 200 pages. Available in PDF, EPUB and Kindle. Book excerpt: A deepening ecological crisis is rearing its head in sub-Saharan Africa, as it faces a myriad of challenges in regards to the development of its energy sector. The ‘dirty now and clean up later’ approach to the environment has a strong appeal, particularly because it is often thought of as the last place to try to edge in another priority - especially if that priority is perceived by many to be an economic luxury. Asuelime and Okem bring together a team of specialist contributors who investigate to what extent sub-Saharan Africa has displayed foresight or politico-economic integrity. The book shows the state’s ability to meet the demands of provision of energy in sub-Saharan Africa has led to heavy investments in infrastructure, transmission and distribution of energy to the citizens. However, the inefficiencies, corruption and unhealthy bureaucratic challenges that accompany this have led urgent problems, which will be thoroughly explored in this book. The Political Economy of Energy in Sub-Saharan Africa will be of interest to students and scholars of African Studies, Development Studies, political science and environment.
Download or read book Energy in Africa written by Sola Adesola and published by Palgrave MacMillan. This book was released on 2019-09-12 with total page 260 pages. Available in PDF, EPUB and Kindle. Book excerpt: Bringing together conceptual, theoretical and evidence-based contributions from a diverse set of experts, this book provides a comprehensive analysis of energy in Africa, from a management perspective. Taking a closer look at the global energy environment and security in developing areas of the region, the authors discuss the significance of energy policy to the socio-economic growth of the continent. This important book tackles the challenge of ensuring sustainability in Africa and focuses on both fossil fuels and renewable energy. Essential reading for researchers interested in energy management, sustainability, and energy policy, this noteworthy collection of interdisciplinary contributions provides examples of effective energy management in Africa.
Book Synopsis Energy Resources in Africa by : Herick Othieno
Download or read book Energy Resources in Africa written by Herick Othieno and published by Springer. This book was released on 2015-10-16 with total page 356 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book provides information on the distribution of the available energy resources throughout the continent and how it is linked to the development of individual states. Africa is considered one of the poorest continents in the world, mainly because its development has historically depended on imported resources including technical expertise. This view and its associated resource management strategy are based on the perception that Africa lacks sufficient energy resources to drive its development agenda. Analyses of individual countries’ energy potentials, exploitation levels and distribution mechanisms are provided with a view to identifying additional factors that are stifling Africa’s economic development. One critical factor is the relationship between available energy resources and the energy mixes chosen by different states, and how these can be exploited to produce the right blend of energy for various applications such as industrial, transport, domestic, and recreational uses. The authors provide an in-depth analysis of the advantages and disadvantages of different energy sources in terms of their environmental, industrialization and distribution costs, impacts, and the development options best suited for improving Africa’s economic situation. This analysis is based on the assertion that Africa is indeed blessed with abundant energy resources, which have not been effectively exploited. The book not only reviews Africa’s energy situation in general, but also reveals that, while there are certainly circumstances peculiar to individual countries, the similarities, especially within Sub-Saharan African countries, outweigh the differences. That being said, the challenges and available opportunities in each country should be viewed with due consideration given to the prevailing national resource management environment. Many initiatives in Africa fail because of the many loopholes in the management structures, which allow corruption, theft, and mere selfishness to thrive. In addition to the negative impacts of these factors on implementation activities, there is also a general lack of institutional support for initiatives that could otherwise be very progressive. Thus, taken together, these retrogressive practices stifle African energy development plans. The book offers a valuable guide for developers, investors, researchers and environmentalist, providing in-depth insights on the relationship between available energy resources and development trends in Africa. "By harnessing the wind and sun, your vast geothermal energy and rivers for hydropower, you can turn this climate threat into an economic opportunity." US President Obama's address to the African Union (2015)
Book Synopsis Energy in Africa by : Manfred Hafner
Download or read book Energy in Africa written by Manfred Hafner and published by Springer. This book was released on 2018-08-06 with total page 112 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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.
Book Synopsis Sub-Saharan renewable energy. Assessing strategies and interconnections of producers by : Jobaire Alam
Download or read book Sub-Saharan renewable energy. Assessing strategies and interconnections of producers written by Jobaire Alam and published by GRIN Verlag. This book was released on 2018-02-26 with total page 14 pages. Available in PDF, EPUB and Kindle. Book excerpt: Research Paper (undergraduate) from the year 2016 in the subject Economy - Environment economics, grade: B, Aalborg University, language: English, abstract: This study is going to examine the implementation of two renewable electrification technologies; solar PV and wind. In this proposal, literature review section presents a short and clear understanding of previous researches around this topic. This study intends to adopt qualitative method with PESTEL and multi criteria analysis. According to the expected result, this project is aiming to establish policies that contribute to universal energy access and reduction of energy poverty in Kenya. Renewable energy systems have been identified as key driver of sustainability and economic development. Kenya, among the Sub-Saharan countries is considered as one of the frontrunners for catalyzing economic growth by the development of their energy sectors. There are lots of potentials for solar energy in Kenya and it has one of the most active commercial Solar PV sectors in the developing world. Renewable energy technologies have been clearly identified as a key stagnation of sustainability and economic development. Modern energy systems affect the quality of life and supports three pillars of sustainable development: social equality, economic growth and environmental protection, which are very significant concerns in developing countries. As elsewhere, in Sub-Saharan African countries there is a high correlation between low per capita consumption of commercial energy and low per capita gross domestic products. In a continent where both per capita income and energy consumption are tragically low, renewable energy could be a valuable contribution to economic growth. Several developing countries among in Sub-Saharan Africa (SSA) are considered as frontrunners for catalyzing economic growth by the development of their energy sectors. These are Ethiopia, Kenya, Benin, Malawi, Ghana, Uganda and Zimbabwe. Lack of access to affordable electricity is a major determinant of poverty in SSA. Urban populations remain underserved by inefficient, unreliable systems, while many rural villagers have no access to electricity except for power provided to relatively affluent households by small, privately owned generators.
Book Synopsis Renewables for Energy Access and Sustainable Development in East Africa by : Manfred Hafner
Download or read book Renewables for Energy Access and Sustainable Development in East Africa written by Manfred Hafner and published by Springer. This book was released on 2019-04-03 with total page 149 pages. Available in PDF, EPUB and Kindle. Book excerpt: This short open access book investigates the role of renewable energy in East Africa to provide policy-relevant inputs for the achievement of a cost-effective electrification process in the region. For each country, the authors review the current situation in the domestic power sector, adopt a GIS-based approach to plot renewable energy resources potential, and review currently planned projects and projects under development, as well as the key domestic renewables regulations. Based on such information, least-cost 100% electrification scenarios by 2030 are then modelled and comparative results over the required capacity additions and investment are reported and discussed. The authors also inquire into some of the key technological, economic, policy, cooperation, and financing challenges to the development of a portfolio of renewables to promote energy access in a sustainable way, including a discussion of the challenges and opportunities that might stem from the interaction between local RE potential and natural gas resources currently under development in the region. To conclude, policy recommendations based on the book’s results and targeted at international cooperation and development institutions, local policymakers, and private stakeholders in the region are elaborated.
Book Synopsis Energy Subsidy Reform in Sub-Saharan Africa by : Mr.Trevor Serge Coleridge Alleyne
Download or read book Energy Subsidy Reform in Sub-Saharan Africa written by Mr.Trevor Serge Coleridge Alleyne and published by International Monetary Fund. This book was released on 2013-08-12 with total page 125 pages. Available in PDF, EPUB and Kindle. Book excerpt: The reform of energy subsidies is an important but challenging issue for sub-Saharan African (SSA) countries. There is a relatively large theoretical and empirical literature on this issue. While this paper relies on that literature, too, it tailors its discussion to SSA countries to respond to the following questions: Why it is important to reduce energy subsidies? What are the difficulties involved in energy subsidy reform? How best can a subsidy reform be implemented? This paper uses various sources of information on SSA countries: quantitative assessments, surveys, and individual (but standardized) case studies.
Book Synopsis The Nexus of Renewable Energy Consumption and Economic Growth in Sub-Saharan Africa by : F. Bondinuba
Download or read book The Nexus of Renewable Energy Consumption and Economic Growth in Sub-Saharan Africa written by F. Bondinuba and published by . This book was released on 2023 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: Purpose: The study examines the relationship between renewable energy consumption and economic growth in Sub-Saharan Africa.MethodologyPedronicointegration test was employed to examine the long-run relationship between economic growth and renewable energy consumption in Sub-Saharan Africa. The study also used the Granger causality test to determine the direction of causality between economic growth and renewable energy consumption.Findings: It emerged that renewable energy consumption Granger causes economic growth in the short run. However, economic growth does not granger cause renewable energy consumption in the short run. Moreover, economic growth Granger causes granger energy consumption in the long run, but energy consumption does not cause economic growth in the long run.Originality: This paper is the first attempt to empirically study the relationship between renewable energy and economic growth in Sub-Saharan Africa using the Pedroni Cointegration technique and Granger causality test.LimitationsDue to the unavailability of data, not all countries in Sub-Sahara Africa were included in the data analysis.Recommendation: Government agencies should implement policies that encourage a switch from fossil fuel to renewable energy consumption to ensure sustained economic growth.ConclusionIt concludes that renewable energy consumption drives economic growth.
Book Synopsis Guidelines for clean energy , Sub Saharan Africa by : S Batchelor
Download or read book Guidelines for clean energy , Sub Saharan Africa written by S Batchelor and published by Lulu.com. This book was released on 2017-11-26 with total page 184 pages. Available in PDF, EPUB and Kindle. Book excerpt: This manual has been designed for use by city officials and planners working in sub-Saharan Africa. It is a practical handbook, which identifies easy to achieve energy interventions that will save money (for cities, businesses and households), promote local economic development, and enhance the sustainable profile of a city. This manual is specifically aimed as a support tool to achieve the implementation of key interventions within municipalities across sub-Saharan Africa
Book Synopsis Innovations in Circular Economy and Renewable Energy in Africa by : Mona-Maria Narra
Download or read book Innovations in Circular Economy and Renewable Energy in Africa written by Mona-Maria Narra and published by Springer. This book was released on 2024-10-29 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: In many African countries, access to electricity and modern energy fuels remains a significant concern. Over 570 million people in Sub-Saharan Africa still lack electricity, and only 18% have access to modern cooking fuels. The region faces immense challenges, including massive debts, lack of maintenance, and system failures, underscoring the urgent need for investment in the energy sector's transition. Africa's overreliance on fossil fuels and the growing demand for energy, driven by economic expansion and population growth, could lead to sharp increases in greenhouse gas emissions. Meanwhile, urbanization, economic activities, and rising living standards are increasing waste production, making waste management a pressing issue. The absence of adequate waste treatment technologies, financing, and regulatory frameworks exacerbates this challenge. Biomass remains a predominant energy source in Sub-Saharan Africa, often used in its raw state, leading to health hazards from incomplete combustion. However, the continent's abundant agricultural residues and other energetic wastes offer a significant opportunity. These can be transformed into various energy carriers, helping to meet or supplement Africa's energy and fuel needs. The current situation presents a unique opportunity for Africa to shift from a fossil-based economy to a sustainable green economy. Leveraging technology, knowledge, and skills can support this rapid transition and drive economic growth. Innovations in Circular Economy and Renewable Energy highlights current advancements in waste management, biomass utilization for energy, and innovations in green hydrogen production in Africa. This book showcases predominantly African research and insights first presented at the "First International Conference on Circular Economy, Renewable Energy, and Green Hydrogen" in Kumasi, Ghana, in September 2023. Dive into this essential resource to explore transformative waste-to-energy technologies, the hybridization and flexibilization of renewable energy systems, and the path towards a sustainable future for Africa.
Book Synopsis Economics Of Renewable Energy Expansion In Rural Sub-Saharan Africa by :
Download or read book Economics Of Renewable Energy Expansion In Rural Sub-Saharan Africa written by and published by . This book was released on 2010 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis The Economics of Renewable Energy Expansion in Rural Sub-Saharan Africa by : Uwe Deichmann
Download or read book The Economics of Renewable Energy Expansion in Rural Sub-Saharan Africa written by Uwe Deichmann and published by . This book was released on 2017 with total page 69 pages. Available in PDF, EPUB and Kindle. Book excerpt: Accelerating development in Sub-Saharan Africa will require massive expansion of access to electricity -- currently reaching only about one-third of households. This paper explores how essential economic development might be reconciled with the need to keep carbon emissions in check. The authors develop a geographically explicit framework and use spatial modeling and cost estimates from recent engineering studies to determine where stand-alone renewable energy generation is a cost effective alternative to centralized grid supply. The results suggest that decentralized renewable energy will likely play an important role in expanding rural energy access. But it will be the lowest cost option for a minority of households in Africa, even when likely cost reductions over the next 20 years are considered. Decentralized renewables are competitive mostly in remote and rural areas, while grid connected supply dominates denser areas where the majority of households reside. These findings underscore the need to de-carbonize the fuel mix for centralized power generation as it expands in Africa.
Book Synopsis Energy in Africa by : Lucia de Strasser
Download or read book Energy in Africa written by Lucia de Strasser and published by . This book was released on 2020-10-08 with total page 124 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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. This work was published by Saint Philip Street Press pursuant to a Creative Commons license permitting commercial use. All rights not granted by the work's license are retained by the author or authors.
Book Synopsis Economic Performance, Environmental Concerns, and Renewable Energy Consumption by : Linus Nyiwul
Download or read book Economic Performance, Environmental Concerns, and Renewable Energy Consumption written by Linus Nyiwul and published by . This book was released on 2018 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt: This paper analyzes the drivers of renewable energy development and consumption in Sub-Sahara African countries for the period, 1980-2011. The fully modified ordinary least squares, dynamic ordinary least squares, and fixed-effects estimation techniques are used to evaluate the statistical significance of the determinants of renewable energy consumption. Results indicate that income has the desired positive, albeit statistically insignificant contribution to renewable energy consumption growth. This indicates that recent economic strength in the region has not been accompanied by increased development and consumption of renewable energy, in contrast to empirical evidence in other developing economies. A review of the possible reasons for this in-congruence is presented. Also, increased consumption of renewable energy is associated with heightened concerns for climate change caused by pollutants such as carbon dioxide. Population and industrial expansion are statistically significant determinants of renewable consumption, and oil prices correlate negatively with renewable energy consumption.
Book Synopsis Socioeconomic Analyses of Renewable Energy Options for Sub-Saharan Africa by : Sydney Oluoch
Download or read book Socioeconomic Analyses of Renewable Energy Options for Sub-Saharan Africa written by Sydney Oluoch and published by . This book was released on 2020 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt: The energy demands of future Sub Saharan African (SSA) economies will be primarily driven by population and economic development. The expected primary challenge will be meeting the increased energy demands while mitigating greenhouse gas (GHG) emissions. This can be achieved by reducing dependence on fossil fuels and transitioning towards renewable sources of energy. This dissertation aims at assessing renewable energy options for SSA through three primary objectives. First, we provided insight into the scope, trends, and focus of renewable energy research in SSA by quantitatively reviewing scientific articles. The approach allowed us to determine the geographical scope, different types of renewable energy, distribution of articles in journals, and year of publication. The quantitative review can help inform renewable energy laws and policy and highlight areas for future research. Second, we examined the relationship between renewable energy consumption with various economic, social, and environmental determinants using panel-data based econometric model developed for 44 SSA countries spanning over 1990 to 2014. The results helped identify factors that impact renewable energy consumption in SSA. This was through showcasing the need for SSA countries to invest in renewables to increase energy access, stimulate economies and to tap into the benefits of carbon markets. In view of the wide distribution of renewable energy potential in SSA, the chapter unveiled the need for policies that provide economic incentives and subsidies that are geared towards making renewable energy cost more competitive to traditional fossil fuels. Third, we conducted a comparative assessment of two case studies of SSA (Kenya and Rwanda), in-order to assess public awareness, acceptance, and attitudes towards renewable energy. This objective addressed the need to integrate public input in the development of renewable energy policy. From our results it was apparent that the public in both countries, had a high level of awareness, acceptance and attitudes towards renewable, hence policy should shift to increasing knowledge and public participation. In our last chapter, we evaluated public preferences towards attributes of renewable energy (biomass, solar, small-hydro, wind and geothermal) in Kenya and Rwanda using a discrete choice experiment approach. The objective addressed the need to assess tradeoffs between different attributes of renewable energy, in order to understand social, environmental and economic benefits and costs of non -market goods. Our findings highlighted differences in preferences between rural and urban residents of both countries. The general trends indicated a preference for solar, hydropower, wind, geothermal and biomass respectively. The public also placed a high utility on environmental impact, job creation and type of renewable energy. Overall, this thesis investigates future renewable energy options for SSA, by using various econometric approaches to probe into the various issues that impact renewable energy development. In summary, there is overwhelming evidence of public support for renewables in our case-studies. The next step would be extending the case-studies to other SSA countries, and tasking decision makers to integrate public input in formulation and implementation of effective policies in-order to realize green and prosperous economies for SSA.
Book Synopsis Sustainability Burden Or Boost? by : Favour Chidinma Onuoha
Download or read book Sustainability Burden Or Boost? written by Favour Chidinma Onuoha and published by . This book was released on 2023 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: Given that the development of renewable energy is regarded as a sustainable alternative to the realization of environmental quality, it is not surprising that the discussion of the sustainability of the world's energy sources continues to expand. While renewable energy has a negligible impact on environmental degradation, developing regions like sub-Saharan Africa (SSA) is restricted by the capital-intensive investment requirements of the burgeoning renewable energy market. To explore the significance of available funding sources on renewable energy development in the region, this study investigates the influence of public debt on renewable energy consumption (REC) in a panel of 29 SSA countries, in full and sub-regional categorizations. A combination of the instrumental variable generalized method of moment (IV-GMM) approach and the two-stage least squares estimator was applied to achieve the goal of the study. Overall, our findings indicate that public debt, carbon emission, financial development, and economic growth exert a negative and significant linkage with renewable energy, while urbanization has a positive and significant influence. Aware of the study findings, appropriate policy prescriptions are proposed to improve the debt-financed funding for the development of the renewable energy sector in SSA.
