Unfortunately, this demand is rarely met as access to affordable and clean energy in Nigeria faces several challenges. Consequences of this inaccessibility to energy include poverty, poor health services, decline in economic growth, poor research development and socio-economic imbalance (Oyedepo, 2012).
What are the challenges of renewable energy?
The Challenges Renewable Energy Sources Face
- Costs. The most significant and well-known obstacle to renewable energy adoption right now is cost, in particular, the costs associated with building and installing facilities like solar or wind farms. …
- Transmission. Related Stories. …
- Barriers to Entry. …
- Politics. …
What are the barriers to the development of renewable energy in Nigeria?
Lack of access to micro financing, high interest rates, poor business development skills by renewable energy system vendors and unsupportive climate for investments are some of the primary barriers to market growth.
What are 3 problems with renewable energy?
Here are some disadvantages to using renewables over traditional fuel sources.
- Higher upfront cost. While you can save money by using renewable energy, the technologies are typically more expensive upfront than traditional energy generators. …
- Intermittency. …
- Storage capabilities. …
- Geographic limitations.
What are the barriers to renewable energy?
Factors influencing economic and financial barriers are high initial capital, lack of financial institutes, lack of investors, competition from fossil fuels, and fewer subsidies compared to traditional fuel (Raza et al., 2015). These factors have prevented renewable energy from becoming widespread.
What are pros and cons of renewable energy?
Pros: It is abundant, and can be used without interruption, cleaner than fossil fuel. Cons: Can result in air pollution, takes a lot of energy to produce, can be seasonable and competes with food production. Landfill gas, solid waste energy comes from harnessing the decomposition of organic material.
Why is renewable energy difficult?
This situation—the well-established nature of existing technologies—presents a formidable barrier for renewable energy. Solar, wind, and other renewable resources need to compete with wealthier industries that benefit from existing infrastructure, expertise, and policy. It’s a difficult market to enter.
What is the most efficient energy source in Nigeria?
For instance hydropower only accounted for 0.4%. Wind and solar are also utilized, but at an insignificant level at present. Biomass is the dominant energy source in Nigeria due to the huge reliance on the energy source for cooking and heating purposes by majority of the Nigerian people.
What are the two most important drawbacks of renewable energy?
Renewable Energy Can be Unreliable
Wind turbines require wind blowing, at least with minimum wind speed, to move their blades. Solar panels need clear skies and sunshine to get the heat required to generate electricity, and at night it isn’t collected.
What are the main benefits of renewable energy?
Benefits of Renewable Energy
- Generating energy that produces no greenhouse gas emissions from fossil fuels and reduces some types of air pollution.
- Diversifying energy supply and reducing dependence on imported fuels.
- Creating economic development and jobs in manufacturing, installation, and more.
Why isn’t renewable energy used more?
Why don’t we use renewable energy all the time? Unlike natural gas and coal, we can’t store up wind and sunshine to use when we need to make more electricity. If the wind doesn’t blow or the sun hides behind clouds, there sometimes isn’t enough power for everyone.
What is the fastest growing alternative to fossil fuels?
First on our list of the fastest–growing renewable energy sources, hydropower is the most widely used form of renewable energy in the world, producing 1 295 gigawatts of energy. This amounts to 54% of the global renewable power generation capacity. The most common hydropower comes from water in dams.
How expensive is renewable energy?
Solar cost about 19 cents more per KWH than gas or coal. Wind power is second behind that, and adopting any of the other renewable technologies will be an outrageously expensive undertaking.
Which is most needed for widespread use of renewable energy?
Hydropower is the most widely-used renewable power source, with the global hydroelectric installed capacity exceeding 1,295GW, accounting for more than 18% of the world’s total installed power generation capacity and more than 54% of the global renewable power generation capacity.