An economic valuation of solar energy potential in Nigeria

  title={An economic valuation of solar energy potential in Nigeria},
  author={Oladipupo A. Ogunnubi and Thomas J. Overbye},
  journal={2015 IEEE Power and Energy Conference at Illinois (PECI)},
Nigeria has a population of over 160 million, and just over 50% have electricity access. Many initiatives promote solar energy development to mitigate Nigeria's power challenges. This work shows an economic valuation of the solar photovoltaic (PV) potential in Nigeria. Assuming a 100 megawatts (MW) capacity upgrade, this paper compares distributed residential-scale and centralized utility-scale PV configurations. Metrics such as levelized cost of energy (LCOE), benefit-cost ratio (BCR), net… CONTINUE READING
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