Exploring the dynamics of stakeholders’ perspectives towards planning low-carbon energy transitions: a case of the Nigerian power sector
Babajide Epe Shari, Saïdou Madougou, Olayinka S. Ohunakin, Philipp Blechinger, Yacouba Moumouni, Abdulwaheed Ahmed, Yunusa Tukur
Abstract
This study uses a multi-stakeholder analysis approach to consolidate low-carbon energy planning and facilitate energy transition (ET). To do this, we assess factors that influence ET strategies in the Nigerian power sector. Here we employ both quantitative and qualitative data obtained via well-structured, and concise questionnaires and semi-structured interviews. While our study brings to light a sustainable approach to achieving a low-carbon future, it identified technology, motivation and finance as variables that are significant in accelerating the country’s transition to clean energy. It revealed that prioritising low-interest rate and tax holiday for investors’ of solar energy and consistence expansion in energy efficiency (EE) is pertinent to achieving a sustainable low-carbon future in Nigeria. We conclude that robust policy frameworks that prioritise investment in solar energy and EE through incentivising energy management solutions with appropriate financial tools and fostering active verbal support through advocacy are essential to ET in Nigeria.