7 Will a Transition to Renewable Energy Promote …
251
located at UNIDO Mini-industrial cluster in Ekwashi Ngbo in Ebonyi
State, which was acquired by Ebonyi State government in 2016,
89 but
has no place of siting much less of being utilized is clearly an illustration
of a lack of government’s interest in biomass utilization.
7.4 Overcoming Renewable Energy
Development Challenges in Nigeria
Though Nigeria has enormous renewables, translating such resources
into a meaningful, sustainable economic wealth and power have proved
unrealistic. This scenario can be attributed to critical multi-dimensional
constraints, in addition to a lack of genuine political will, weak and
corrupt institutions, and overly reliance on fossil fuels. The current
energy market is monopoly-driven, and as such, remains one greatest
barrier to the energy transition process and energy security pathway
in Nigeria. There are government policies to support renewable energy
deployment, yet none is effective because such policies support mere
objectives not regulated under any known legal framework. The electricity generation and supply sectors have not adequately been open
to competition, and energy investors have continued to enjoy a significant degree of monopoly over them. The predominant tendency of the
Nigerian government in overhauling the power sector has focused on
privatization, an entirely different unbundling energy policy concept,
which in reality does not create desired competition.
There are different impediments to RES-E development.
90 Pueyo and
others
91 have provided useful insights into barriers to RES-E, especially in developing regions like Nigeria. The authors have grouped such
barriers as economic and financial, regulatory and political and technical,
89 Tamara Posibi, ‘Biomass in Nigeria: An Overview’ (BioEnergy Consult, 11 March 2020),
https://www.bioenergyconsult.com/biomass-energy-in-nigeria/, accessed 14 April 2020.
90 Hugo Lucas, Pablo del Rio and Mohamed Youba Sokona, ‘Design and Assessment of
Renewable Electricity Auctions in Sub-Saharan Africa’ (2017) 48(5–6) IDS Bulletin, 79–100.
91 A Pueyo and others, ‘Green Growth Diagnostics for Africa: Literature Review and Scoping
Study’ (2015) IDS Working Paper 455, https://opendocs.ids.ac.uk/handle/20.500.12413/6168,
accessed 20 April 2020
251
located at UNIDO Mini-industrial cluster in Ekwashi Ngbo in Ebonyi
State, which was acquired by Ebonyi State government in 2016,
89 but
has no place of siting much less of being utilized is clearly an illustration
of a lack of government’s interest in biomass utilization.
7.4 Overcoming Renewable Energy
Development Challenges in Nigeria
Though Nigeria has enormous renewables, translating such resources
into a meaningful, sustainable economic wealth and power have proved
unrealistic. This scenario can be attributed to critical multi-dimensional
constraints, in addition to a lack of genuine political will, weak and
corrupt institutions, and overly reliance on fossil fuels. The current
energy market is monopoly-driven, and as such, remains one greatest
barrier to the energy transition process and energy security pathway
in Nigeria. There are government policies to support renewable energy
deployment, yet none is effective because such policies support mere
objectives not regulated under any known legal framework. The electricity generation and supply sectors have not adequately been open
to competition, and energy investors have continued to enjoy a significant degree of monopoly over them. The predominant tendency of the
Nigerian government in overhauling the power sector has focused on
privatization, an entirely different unbundling energy policy concept,
which in reality does not create desired competition.
There are different impediments to RES-E development.
90 Pueyo and
others
91 have provided useful insights into barriers to RES-E, especially in developing regions like Nigeria. The authors have grouped such
barriers as economic and financial, regulatory and political and technical,
89 Tamara Posibi, ‘Biomass in Nigeria: An Overview’ (BioEnergy Consult, 11 March 2020),
https://www.bioenergyconsult.com/biomass-energy-in-nigeria/, accessed 14 April 2020.
90 Hugo Lucas, Pablo del Rio and Mohamed Youba Sokona, ‘Design and Assessment of
Renewable Electricity Auctions in Sub-Saharan Africa’ (2017) 48(5–6) IDS Bulletin, 79–100.
91 A Pueyo and others, ‘Green Growth Diagnostics for Africa: Literature Review and Scoping
Study’ (2015) IDS Working Paper 455, https://opendocs.ids.ac.uk/handle/20.500.12413/6168,
accessed 20 April 2020