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Hedging Derivatives and Performance of Renewable Energy Projects in Kenya

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  • Amolo Elvis Juma Amolo

    (Lecturer, University of Kigali, Rwanda)

  • Charles Mallans Rambo

    (Associate Professor PhD, University of Nairobi, School of Open and Distance Learning, Kenya)

  • Charles Misiko Wafula

    (Senior Lecturer PhD, University of Nairobi, School of Open and Distance Learning, Kenya)

Abstract

Power infrastructure investment in Africa can increase the estimated average current GDP of 4% to 10% but financial constraints due to investor’s negative perception of the projects high investment risk has impeded hydro-power investment. The purpose of the study was to determine the extent to which Hedging derivatives influence performance of hydroelectric energy projects in Kenya. The study adopted pragmatism paradigm and descriptive survey design while questionnaires and interview guide were used to collect quantitative and qualitative data from a census of 94 participants. Validity coefficient of 0.775 and reliability coefficient of 0.781 was obtained after pretesting of the instruments amongst 10% of the participants. Descriptive statistic and inferential statistic of Correlation and Regression at a significance level of 0.05 was done while thematic content analysis of qualitative data for triangulation was also done. The result of the hypothesis: H0: Hedging derivatives does not significantly influence performance of hydroelectric energy projects in Kenya was rejected since P=0.000

Suggested Citation

  • Amolo Elvis Juma Amolo & Charles Mallans Rambo & Charles Misiko Wafula, 2024. "Hedging Derivatives and Performance of Renewable Energy Projects in Kenya," International Journal of Research and Scientific Innovation, International Journal of Research and Scientific Innovation (IJRSI), vol. 11(8), pages 619-630, August.
    • Handle: RePEc:bjc:journl:v:11:y:2024:i:8:p:619-630
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    References listed on IDEAS

    as
    1. Lee Cronbach, 1951. "Coefficient alpha and the internal structure of tests," Psychometrika, Springer;The Psychometric Society, vol. 16(3), pages 297-334, September.
    2. César Augusto Giraldo-Prietoa & Gabriel Jaime González Uribe & Cristhian Vesga Bermejo & Diana Carolina Ferreira Herrera, 2017. "Financial hedging with derivatives and its impact on the Colombian market value for listed companies," Contaduría y Administración, Accounting and Management, vol. 62(5), pages 19-20, Diciembre.
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