Unlocking renewables amid rentierism
Market constraints to Nigeria's energy transition
Bibliographic Data
| ID | 13066254 |
|---|---|
| Authors | Fadekunayo Adeniyi (SOAS University of London), Abdulrasheed Isah (0000-0003-1356-5548, ETH Zurich, corresponding author) |
| Year | 2023 |
| Volume | 104 |
| Pages | 103248-103248 |
| Publication date | 2023-09-14 |
| Peer Reviewed | Yes |
| Open Access | Yes |
| Type | ARTICLE |
| Venue | Energy Research & Social Science (JOURNAL) |
| Journal identifiers | ISSN: 2214-6296 • E-ISSN: 2214-6326 |
| Publisher | Elsevier BV (PUBLISHER) |
| DOI | 10.1016/j.erss.2023.103248 |
| OpenAlex | W4386752658 |
| Language | EN |
| Citations received | 2 |
| References cited | 45 |
Tackling climate change requires a rapid transition to renewable energy (RE). However, resource rents and subsidies present multiple challenges to the energy transition in fossil fuel-rich countries. Here, we analyze the complex but often overlooked constraints to utility-scale RE investment in Nigeria, combining qualitative data from 24 interviews with administrative data from public and private stakeholders. Using the Structure-Conduct-Performance-Regulation (SCPR) framework and the Rentier State Theory (RST), we identify three mutually reinforcing constraints related to stakeholder distrust, a monopolistic wholesale market, and a protracted subsidy regime that impede utility-scale RE investment in Nigeria. Bold policy reforms are needed to promote competition, attract investment, improve the efficiency of the market, and meet the country's clean energy goals
Business · Distrust · Economic rent · Economic system · Economics · Energy market · Energy transition · Industrial organization · Investment (military · Market economy · Monopolistic competition · Monopoly · Natural resource economics · Politics · Public economics · Renewable energy · Subsidy · Climate Change Policy and Economics · Energy and Environment Impacts · Global Energy and Sustainability Research
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| Unique citing works | 2 |
|---|---|
| Citations per year | 1 |
| Citation span | 2024 - 2025 (2) |
| Citation velocity | recent |
| Highly cited | No |
| Citation types | Neutral: 2 |