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Review and Assessment of Energy Policy in the Economic Community of West African States region

Author

Listed:
  • Herve Tevenim Mewenemesse

    (School of Economics and Management, Beijing University of Posts and Telecommunications, Beijing 100876, PR China.)

  • Qiang Yan

    (School of Economics and Management, Beijing University of Posts and Telecommunications, Beijing 100876, PR China.)

Abstract

The ECOWAS region has one of Africa's highest potentials for energy production, including both non-renewable (oil, gas, and uranium) and renewable sources (hydroelectric, solar energy, wind energy). Despite this significant potential, the region deals with a number of issues that affect its energy strategy. A review and analysis of the social, political, and economic factors influencing regional energy policy are provided in this paper, along with an assessment and forecast of energy policy in the ECOWAS. The analysis of regional energy policy then takes into account demand management, clean energy production, regional energy trade, and hydrocarbon exploration and production. The results show that the ECOWAS nations have started their transition to a renewable energy-based economy. These policies have long-term implications on the world's energy system and have the potential to improve the region's energy policy, even if the consequences are not immediately noticeable.

Suggested Citation

  • Herve Tevenim Mewenemesse & Qiang Yan, 2022. "Review and Assessment of Energy Policy in the Economic Community of West African States region," International Journal of Energy Economics and Policy, Econjournals, vol. 12(5), pages 232-242, September.
    • Handle: RePEc:eco:journ2:2022-05-28
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    References listed on IDEAS

    as
    1. Asante, Dennis & He, Zheng & Adjei, Nana Osae & Asante, Bismark, 2020. "Exploring the barriers to renewable energy adoption utilising MULTIMOORA- EDAS method," Energy Policy, Elsevier, vol. 142(C).
    2. Kebede, Ellene & Kagochi, John & Jolly, Curtis M., 2010. "Energy consumption and economic development in Sub-Sahara Africa," Energy Economics, Elsevier, vol. 32(3), pages 532-537, May.
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    Cited by:

    1. Muhumuza Ezra Rubanda & Livingstone Senyonga & Mohammed Ngoma & Muyiwa S. Adaramola, 2022. "Electricity Trading in Energy Market Integration: A Theoretical Review," Energies, MDPI, vol. 16(1), pages 1-31, December.

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    More about this item

    Keywords

    ECOWAS; energy sources; energy policy; energy transition; renewable energy;
    All these keywords.

    JEL classification:

    • Q20 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Renewable Resources and Conservation - - - General
    • Q21 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Renewable Resources and Conservation - - - Demand and Supply; Prices
    • Q28 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Renewable Resources and Conservation - - - Government Policy
    • Q40 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Energy - - - General
    • Q41 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Energy - - - Demand and Supply; Prices
    • Q42 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Energy - - - Alternative Energy Sources
    • Q48 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Energy - - - Government Policy
    • Q54 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Environmental Economics - - - Climate; Natural Disasters and their Management; Global Warming

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