166
M. U. Ukponu et al.
It is worthy to note that the RE regulatory frameworks of various
countries making massive strides in RE development differ in form.
While some countries enacted a separate RE law to drive special focus
on RE development, other countries expanded their extant electricity
law to substantially provide for the development and integration of RE.
This section of the chapter analyses the value of creating a separate RE
legislation vis-à-vis the integration of substantial RE provisions in an allencompassing electricity law in the Nigerian context (law), as well as the
role of cooperative federalism (governance), as contemporary approaches
to achieving rapid electrification and sustainable electricity in Nigeria.
5.4.1 Separating the Regulatory Framework
for Renewable Energies from Non-Renewable
Energies?
Regulatory inconsistencies and uncertainties continue to constitute a
major barrier to RE investments and development in NESI. Nigeria lacks
a clear and reliable regulatory framework for RE. While the NREEEP
seeks to articulate broad objectives for RE development, the duplicity of
roles and conflicting electricity laws have contributed to inhibiting RE
investments. Regulation can have positive impacts on the development
of energy services, markets and stakeholders, but the nature and extent
of these impacts are dependent on the quality and efficacy of a relevant
regulatory framework. Thus, it is advocated that increased investments
and development in REs would be achieved through the enactment and
implementation of a RE legal framework. However, in creating a viable
and strategic RE legal framework for Nigeria, there are generally two
plausible alternative pathways. The first pathway stems from the view
that it would be more valuable to enact a RE law separate from EPSRA.
The second pathway leads towards the amendment of the EPSRA to integrate substantial provisions relevant to the development and regulation
of REs.
M. U. Ukponu et al.
It is worthy to note that the RE regulatory frameworks of various
countries making massive strides in RE development differ in form.
While some countries enacted a separate RE law to drive special focus
on RE development, other countries expanded their extant electricity
law to substantially provide for the development and integration of RE.
This section of the chapter analyses the value of creating a separate RE
legislation vis-à-vis the integration of substantial RE provisions in an allencompassing electricity law in the Nigerian context (law), as well as the
role of cooperative federalism (governance), as contemporary approaches
to achieving rapid electrification and sustainable electricity in Nigeria.
5.4.1 Separating the Regulatory Framework
for Renewable Energies from Non-Renewable
Energies?
Regulatory inconsistencies and uncertainties continue to constitute a
major barrier to RE investments and development in NESI. Nigeria lacks
a clear and reliable regulatory framework for RE. While the NREEEP
seeks to articulate broad objectives for RE development, the duplicity of
roles and conflicting electricity laws have contributed to inhibiting RE
investments. Regulation can have positive impacts on the development
of energy services, markets and stakeholders, but the nature and extent
of these impacts are dependent on the quality and efficacy of a relevant
regulatory framework. Thus, it is advocated that increased investments
and development in REs would be achieved through the enactment and
implementation of a RE legal framework. However, in creating a viable
and strategic RE legal framework for Nigeria, there are generally two
plausible alternative pathways. The first pathway stems from the view
that it would be more valuable to enact a RE law separate from EPSRA.
The second pathway leads towards the amendment of the EPSRA to integrate substantial provisions relevant to the development and regulation
of REs.