An Econometric Analysis of the Determinants of Electricity Supply in Nigeria

Ubi, Peter; Effiom, Lionel; Okon, Emmanuel Okokondem; Oduneka, Anagha Emiemu

doi:10.5430/ijba.v3n4p72

Cited by 21 publications

(32 citation statements)

References 3 publications

Supporting

Mentioning

Contrasting

Order By: Relevance

“…The variable of HEL has positive and significant effect (α = 0.01) on the electricity supply (PEL). This finding supports the study of Ubi et al (2012) and Sihombing (2010). The variable of HEL is elastic on supply of electricity.…”

Section: Interpretation Of Regression Model (1) Selling Price Of Elsupporting

confidence: 92%

“…The less the percentage of energy losses, the better quality and the more electricity supplied to consumers. It was also stated by Sihombing (2010) and Ubi et al (2012).…”

Section: (4) Losses Of Electricity Energy (Sul)mentioning

confidence: 61%

“…As well as with the price of fuel has a negative and significant effect on the supply of electricity energy. Then, in their study in Nigeria, Ubi et al (2012) found that the most important determinants affecting the supply of electricity are electricity losses, government investment, and level of technology. While electricity price and rainfall are not significant on the supply of electricity energy.…”

Section: Literature Reviewmentioning

confidence: 99%

See 2 more Smart Citations

Analysis of Factors Affecting the Electricity Supply in Indonesia

Nababan

2017

SSRN Journal

View full text Add to dashboard Cite

show abstract

Section: Interpretation Of Regression Model (1) Selling Price Of Elsupporting

confidence: 92%

“…The less the percentage of energy losses, the better quality and the more electricity supplied to consumers. It was also stated by Sihombing (2010) and Ubi et al (2012).…”

Section: (4) Losses Of Electricity Energy (Sul)mentioning

confidence: 61%

Section: Literature Reviewmentioning

confidence: 99%

See 1 more Smart Citation

Analysis of Factors Affecting the Electricity Supply in Indonesia

Nababan

2017

SSRN Journal

View full text Add to dashboard Cite

show abstract

“…Most of this electricity is provided by standby generating sets acquired by industries, commercial establishments and individuals. This is evident as the Nigerian energy sector is marked by low generating capacity relative to installed capacity as current generation capacity ranges between 2,500megawatts to about 3,000megawatts while estimated national consumption is in excess of 10,000megawatts (Ubi et al, 2012). Despite electricity generation increasing from about 532MW in 1972 to about 6500 MW in 2005, electricity supply is estimated to still be far below the estimated demand of 10,000MW (Gujba et al, 2010).…”

Section: 0mentioning

confidence: 99%

“…Brief Review of Literature A number of factors affect adequate supply of energy in Nigeria which according to Ubi et al (2012) is the key constraint to industrialization and economic development in Nigeria. This, was attributed to the inability of policy makers to identify the determinants of electricity supply for actual policy formulation and implementation.…”

Section: 0mentioning

confidence: 99%

Energy Supply and Climate Change in Nigeria

2014

View full text Add to dashboard Cite

The energy industry has been identified as one of the sectors most vulnerable to the impact of climate change. In the past years, government had been making a lot of effort at reforming the energy sector and this study attempted to investigate the extent to which the energy sector will be affected in the face of the threats presented by a changing climate. The study seeks to examine the impact of climate change on energy supply in Nigeria for the period 1971-2011 using the vector error correction procedure. We adopted the Johansen and Juselius, and Engle-Granger co-integration analysis to determine the rank of the series long run co-integration. Also the error correction model was used to obtain the long-run estimates and the speed of error adjustment. We corroborate our findings by adopting the Wald exogeneity test to examine the direction of causal relationship between climate change and energy production. The study found a positive relationship between climate change and energy supply, as well as no evidence of causal relationship between climate change and energy supply. The study developed an interaction of climate change and measure of institutional quality, though less responsive to energy supply, but exhibits similar pattern with the actual climate change. Also, the indicators of power losses, technology and investment impacts a significant negative influence on energy supply, while GDP per capita and economy structure exerts though positive but the indicator of economic structure was statistically insignificant in explaining dynamism in energy supply. The findings from our empirical investigation puts caution on economic advisers and policy makers on the level of adherence to the Kyoto protocol in order not to jeopardize productivity activities and economic gains. Also,adaptation efforts should however follow careful scenario analysis with a strengthened institutional framework and injection of funds for technological improvement.

show abstract

Untitled

2020

Asian Development Policy Review

View full text Add to dashboard Cite

Electricity is central to socioeconomic growth and development of any economy. And, the electrical power sector of many economies has witnessed reforms in recent time, transforming into competitive and or oligopolistic market structure. In any case, energy pricing subsist as a challenge across the power value chain. This study focused identifying the determinants of market power of energy distributing operation and rural area consumers in the power retail market in Nigeria's present oligopolistic power market structure. Adopting a production function model and econometric analysis of selected power sector time series variables between 2000-2017, the study discovered that electrical power generation, rural electricity access and energy consumption in Nigeria are essential determinants but do not ultimately and significantly determine market power of competing firms in the electric power market in Nigeria. It concluded that evidence of the importance of market power for competing firms in the electric power conduct in terms of energy pricing and cost decisions is auspicious considering their prevailing market challenges. The study therefore recommend amongst others recapitalization by energy distribution firms, exclusive regional or sub regional power chain structural transformation, efficient and effective energy supply, elicitation of market information/data for control, improvement, competition and researches in the sector while future research on market power in electrical power market is encourage on assumptions. Contribution/ Originality: This study adds to existing literature on energy market pricing and structure by using econometric estimation technique and originates a model. It is also adds to few investigations on the subject matter in Nigeria by logical analysis, finding and documentation of determinants of market power of electrical power market.

show abstract

An Econometric Analysis of the Determinants of Electricity Supply in Nigeria

Cited by 21 publications

References 3 publications

Analysis of Factors Affecting the Electricity Supply in Indonesia

Analysis of Factors Affecting the Electricity Supply in Indonesia

Energy Supply and Climate Change in Nigeria

Untitled

Contact Info

Product

Resources

About