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...

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Main Authors: Mark Agyei-Sakyi, Yunfei Shao, Oppong Amos, Armah Marymargaret
Format: Article
Language:English
Published: MDPI AG 2021-06-01
Series:Sustainability
Subjects:
Online Access:https://www.mdpi.com/2071-1050/13/11/6239
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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
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AT oppongamos determinantsofelectricityconsumptionandvolatilitydriveninnovativeroadmapstoonehundredpercentrenewablesfortopconsumingnationsinafrica
AT armahmarymargaret determinantsofelectricityconsumptionandvolatilitydriveninnovativeroadmapstoonehundredpercentrenewablesfortopconsumingnationsinafrica
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