Renewable energy investment in Nigeria: A review of the Renewable Energy Master Plan

Data for investment into renewable energy resources in Nigeria is mainly unavailable due to over reliance on conventional resources for energy generation. However, recent developments in the energy sector have portrayed gradual attention to investments in renewable energy resources. This paper revie...

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Main Authors: Udochukwu B. Akuru, Ogbonnaya I. Okoro
Format: Article
Language:English
Published: University of Cape Town 2017-06-01
Series:Journal of Energy in Southern Africa
Online Access:https://journals.assaf.org.za/jesa/article/view/2659
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author Udochukwu B. Akuru
Ogbonnaya I. Okoro
author_facet Udochukwu B. Akuru
Ogbonnaya I. Okoro
author_sort Udochukwu B. Akuru
collection DOAJ
description Data for investment into renewable energy resources in Nigeria is mainly unavailable due to over reliance on conventional resources for energy generation. However, recent developments in the energy sector have portrayed gradual attention to investments in renewable energy resources. This paper reviews the Renewable Energy Master Plan (REMP) which identifies this improvement and presents a draft on how an increase in investment in renewable energy resources, which will in the long run balance the national energy equation, ensure energy security and promote sustainable development.
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spelling doaj.art-8a08ed6bb24442d59817e8921709cc102022-12-22T00:54:20ZengUniversity of Cape TownJournal of Energy in Southern Africa1021-447X2413-30512017-06-01253677310.17159/2413-3051/2014/v25i3a26592659Renewable energy investment in Nigeria: A review of the Renewable Energy Master PlanUdochukwu B. Akuru0Ogbonnaya I. OkoroUniversity of Cape TownData for investment into renewable energy resources in Nigeria is mainly unavailable due to over reliance on conventional resources for energy generation. However, recent developments in the energy sector have portrayed gradual attention to investments in renewable energy resources. This paper reviews the Renewable Energy Master Plan (REMP) which identifies this improvement and presents a draft on how an increase in investment in renewable energy resources, which will in the long run balance the national energy equation, ensure energy security and promote sustainable development.https://journals.assaf.org.za/jesa/article/view/2659
spellingShingle Udochukwu B. Akuru
Ogbonnaya I. Okoro
Renewable energy investment in Nigeria: A review of the Renewable Energy Master Plan
Journal of Energy in Southern Africa
title Renewable energy investment in Nigeria: A review of the Renewable Energy Master Plan
title_full Renewable energy investment in Nigeria: A review of the Renewable Energy Master Plan
title_fullStr Renewable energy investment in Nigeria: A review of the Renewable Energy Master Plan
title_full_unstemmed Renewable energy investment in Nigeria: A review of the Renewable Energy Master Plan
title_short Renewable energy investment in Nigeria: A review of the Renewable Energy Master Plan
title_sort renewable energy investment in nigeria a review of the renewable energy master plan
url https://journals.assaf.org.za/jesa/article/view/2659
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AT ogbonnayaiokoro renewableenergyinvestmentinnigeriaareviewoftherenewableenergymasterplan