Towards the sustainability of power utilities in Nigeria: a Bayesian network approach

Umar, Hadiza; Fonkam, Mathias; Prasad, Rajesh

doi:10.1007/s41870-022-00876-2

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2024

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Cited by 2 publications

References 29 publications

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Sustainable Packaging: Examining Consumer Behavior towards Sustainable Packaging Options in the E-Commerce Sector

Kaur,

Siddhey

2024

2024 11th International Conference on Computing for Sustainable Global Development (INDIACom)

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Sustainable Packaging: Examining Consumer Behavior towards Sustainable Packaging Options in the E-Commerce Sector

Kaur,

Siddhey

2024

2024 11th International Conference on Computing for Sustainable Global Development (INDIACom)

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Macroeconomic Drivers of Electricity Prices in Nigeria

Bala,

Ahmad Moyi,

Gummi

2024

ETE

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<p class="MsoNormal" style="margin-top: 10pt; text-align: justify;"><span lang="EN-US" style="font-family: 'times new roman', times, serif; font-size: 14pt;">Electricity price volatility in developing economies, particularly Nigeria, presents a significant challenge to sustainable development. In this paper, we examine the macroeconomic drivers of electricity prices (ELP) in Nigeria based on annual data spanning 1980-2022 and the autoregressive distributed lag (ARDL) procedure. Our model estimates the long-run and short-run impacts of population growth (PG), economic growth (GDP), crude oil price (COPR), and electricity consumption (ELC) on electricity prices (ELP). The empirical findings reveal a positive and long-run effect of PG on ELP, indicating that rising demand from a growing population increases electricity prices. In the short-run, ELC surprisingly co-moved with ELP, which may be attributable to price-sensitive demand within specific consumer segments or periods. Furthermore, GDP and COPR exert positive effects on ELP, indicating that economic growth drives energy consumption and prices, and the cost-driven impact of fossil fuel dependence in electricity generation. These findings shed light on the complex interplay of demographic, economic, and energy market-related forces driving electricity prices in Nigeria. Therefore, the paper proposes some policy suggestions based on the empirical findings.</span></p>

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Towards the sustainability of power utilities in Nigeria: a Bayesian network approach

Cited by 2 publications

References 29 publications

Sustainable Packaging: Examining Consumer Behavior towards Sustainable Packaging Options in the E-Commerce Sector

Sustainable Packaging: Examining Consumer Behavior towards Sustainable Packaging Options in the E-Commerce Sector

Macroeconomic Drivers of Electricity Prices in Nigeria

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