Determinants of Electricity Consumption and Volatility-Driven Innovative Roadmaps to One Hundred Percent Renewables for Top Consuming Nations in Africa
The determinants of providing affordable electricity for all in top energy-consuming African countries vary and are in line with the percentage of the current population with access to electricity and volatility in a country’s electric power system, but there is rare evidence of such research. This...
Main Authors: | , , , |
---|---|
Format: | Article |
Language: | English |
Published: |
MDPI AG
2021-06-01
|
Series: | Sustainability |
Subjects: | |
Online Access: | https://www.mdpi.com/2071-1050/13/11/6239 |
id |
doaj-15ad59b0842b41bd90d62e272bdd52b6 |
---|---|
record_format |
Article |
spelling |
doaj-15ad59b0842b41bd90d62e272bdd52b62021-06-30T23:02:25ZengMDPI AGSustainability2071-10502021-06-01136239623910.3390/su13116239Determinants of Electricity Consumption and Volatility-Driven Innovative Roadmaps to One Hundred Percent Renewables for Top Consuming Nations in AfricaMark Agyei-Sakyi0Yunfei Shao1Oppong Amos2Armah Marymargaret3School of Management and Economics, University of Electronic Science and Technology of China, Chengdu 611731, ChinaSchool of Management and Economics, University of Electronic Science and Technology of China, Chengdu 611731, ChinaSchool of Management and Economics, University of Electronic Science and Technology of China, Chengdu 611731, ChinaSchool of Management and Economics, University of Electronic Science and Technology of China, Chengdu 611731, ChinaThe determinants of providing affordable electricity for all in top energy-consuming African countries vary and are in line with the percentage of the current population with access to electricity and volatility in a country’s electric power system, but there is rare evidence of such research. This study categorizes Egypt–Algeria as a panel of countries with 100% access to electricity, and Nigeria–South Africa as otherwise, to investigate the causal relationship between domestic electricity demand, renewable electricity generation, population, and GDP. The study proposed and implemented a novel machine learning model for viable and volatility-driven pathways for renewable electric power transition up to 2030. Results from Pedroni cointegration analysis suggest no evidence of long-run relationships among the variables. Nonetheless, there exists a short-run unidirectional causal relationship from GDP to electricity consumption for Nigeria–South Africa; all except Egypt can achieve 100% access to green electricity. The implication is that, through radical renewable electricity generation innovations, countries can achieve renewable-dominated electric power systems despite expected disruptions from the coronavirus pandemic. For sustainable energy planning, countries aiming to achieve 100% renewables is possible due to the radical transition pathways since it takes into account the volatility.https://www.mdpi.com/2071-1050/13/11/6239electricity consumptionelectricity generationrenewablesvolatilitiesBi-LSTMcovid-19 pandemic |
collection |
DOAJ |
language |
English |
format |
Article |
sources |
DOAJ |
author |
Mark Agyei-Sakyi Yunfei Shao Oppong Amos Armah Marymargaret |
spellingShingle |
Mark Agyei-Sakyi Yunfei Shao Oppong Amos Armah Marymargaret Determinants of Electricity Consumption and Volatility-Driven Innovative Roadmaps to One Hundred Percent Renewables for Top Consuming Nations in Africa Sustainability electricity consumption electricity generation renewables volatilities Bi-LSTM covid-19 pandemic |
author_facet |
Mark Agyei-Sakyi Yunfei Shao Oppong Amos Armah Marymargaret |
author_sort |
Mark Agyei-Sakyi |
title |
Determinants of Electricity Consumption and Volatility-Driven Innovative Roadmaps to One Hundred Percent Renewables for Top Consuming Nations in Africa |
title_short |
Determinants of Electricity Consumption and Volatility-Driven Innovative Roadmaps to One Hundred Percent Renewables for Top Consuming Nations in Africa |
title_full |
Determinants of Electricity Consumption and Volatility-Driven Innovative Roadmaps to One Hundred Percent Renewables for Top Consuming Nations in Africa |
title_fullStr |
Determinants of Electricity Consumption and Volatility-Driven Innovative Roadmaps to One Hundred Percent Renewables for Top Consuming Nations in Africa |
title_full_unstemmed |
Determinants of Electricity Consumption and Volatility-Driven Innovative Roadmaps to One Hundred Percent Renewables for Top Consuming Nations in Africa |
title_sort |
determinants of electricity consumption and volatility-driven innovative roadmaps to one hundred percent renewables for top consuming nations in africa |
publisher |
MDPI AG |
series |
Sustainability |
issn |
2071-1050 |
publishDate |
2021-06-01 |
description |
The determinants of providing affordable electricity for all in top energy-consuming African countries vary and are in line with the percentage of the current population with access to electricity and volatility in a country’s electric power system, but there is rare evidence of such research. This study categorizes Egypt–Algeria as a panel of countries with 100% access to electricity, and Nigeria–South Africa as otherwise, to investigate the causal relationship between domestic electricity demand, renewable electricity generation, population, and GDP. The study proposed and implemented a novel machine learning model for viable and volatility-driven pathways for renewable electric power transition up to 2030. Results from Pedroni cointegration analysis suggest no evidence of long-run relationships among the variables. Nonetheless, there exists a short-run unidirectional causal relationship from GDP to electricity consumption for Nigeria–South Africa; all except Egypt can achieve 100% access to green electricity. The implication is that, through radical renewable electricity generation innovations, countries can achieve renewable-dominated electric power systems despite expected disruptions from the coronavirus pandemic. For sustainable energy planning, countries aiming to achieve 100% renewables is possible due to the radical transition pathways since it takes into account the volatility. |
topic |
electricity consumption electricity generation renewables volatilities Bi-LSTM covid-19 pandemic |
url |
https://www.mdpi.com/2071-1050/13/11/6239 |
work_keys_str_mv |
AT markagyeisakyi determinantsofelectricityconsumptionandvolatilitydriveninnovativeroadmapstoonehundredpercentrenewablesfortopconsumingnationsinafrica AT yunfeishao determinantsofelectricityconsumptionandvolatilitydriveninnovativeroadmapstoonehundredpercentrenewablesfortopconsumingnationsinafrica AT oppongamos determinantsofelectricityconsumptionandvolatilitydriveninnovativeroadmapstoonehundredpercentrenewablesfortopconsumingnationsinafrica AT armahmarymargaret determinantsofelectricityconsumptionandvolatilitydriveninnovativeroadmapstoonehundredpercentrenewablesfortopconsumingnationsinafrica |
_version_ |
1721352309445754880 |