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Determinants of Electricity Consumption and Volatility-Driven Innovative Roadmaps to One Hundred Percent Renewables for Top Consuming Nations in Africa

Author

Listed:
  • Mark Agyei-Sakyi

    (School of Management and Economics, University of Electronic Science and Technology of China, Chengdu 611731, China)

  • Yunfei Shao

    (School of Management and Economics, University of Electronic Science and Technology of China, Chengdu 611731, China)

  • Oppong Amos

    (School of Management and Economics, University of Electronic Science and Technology of China, Chengdu 611731, China)

  • Armah Marymargaret

    (School of Management and Economics, University of Electronic Science and Technology of China, Chengdu 611731, China)

Abstract

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.

Suggested Citation

  • Mark Agyei-Sakyi & Yunfei Shao & Oppong Amos & Armah Marymargaret, 2021. "Determinants of Electricity Consumption and Volatility-Driven Innovative Roadmaps to One Hundred Percent Renewables for Top Consuming Nations in Africa," Sustainability, MDPI, vol. 13(11), pages 1-22, June.
  • Handle: RePEc:gam:jsusta:v:13:y:2021:i:11:p:6239-:d:567014
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    References listed on IDEAS

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