Towards Sustainable Power Supply and Consumption of an Emerging Economy (Nigeria) Cover Image

Towards Sustainable Power Supply and Consumption of an Emerging Economy (Nigeria)
Towards Sustainable Power Supply and Consumption of an Emerging Economy (Nigeria)

Author(s): Chukwuebuka Chukwujindu Okafor, Christian Ndubuisi Madu, Charles Chimezie Ajaero, Kingsley Agomuo, Ezekiel Abu
Subject(s): Business Economy / Management, Energy and Environmental Studies, Environmental and Energy policy, Economic development, Transport / Logistics
Published by: Editura Fundaţiei România de Mâine
Keywords: Power Supply; Consumption; Sustainability; Energy-efficiency; Conservation; Nigeria;

Summary/Abstract: Electricity supply offers significant and immense benefits to human society, and it is instrumental in driving economic growth, increased standard of living, and technological developments. Its sustainable supply and consumption is related to many ecological discussions, and thus, present emphasis on renewable sources, such as solar and hydro. In Nigeria, however, challenges associated with electricity generation, transmission, distribution, and consumption have not been adequately tackled. Poor electricity supply has adversely impacted the economy resulting in poor production, higher prices of goods and services, closure of industries, and loss of competitive advantage of Nigerian businesses. Conversely, energy-inefficient, and non-conservation consumption behavior of Nigerian electricity consumers contribute to the electricity demand - demand gap. Energy-efficiency and conservation is a sustainable tool for an efficient power system. The paper shows that the use of mostly post-paid and unmetered billing system is implicated in energy-inefficient consumption. The paper advocates for deployment of pre-paid meters to every electricity consumer; fiscal management, enforcement of energy-saving policies such as the use of compact fluorescent lamps (CFL); and emphasis on renewable energy (hydro and solar) sources, for electricity generation.

  • Issue Year: 9/2020
  • Issue No: 4
  • Page Range: 6-22
  • Page Count: 16
  • Language: English