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Renewable energy (electricity) development in Ghana: Observations, concerns, substitution possibilities, and implications for the economy

机译:加纳可再生能源(电)发展:观察,关注,替代可能性及其对经济的影响

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摘要

Can Ghana build its economy on renewable energy? Is it possible to substitute nonrenewable for renewable energy? What is the impact of renewable energy on the economy of Ghana? These questions are relevant and worth considering as far as the renewable energy development agenda in Ghana is concern. Using the translog production function approach, this study primarily investigates whether Ghana can move away from nonrenewable electricity generation to renewable power generation. In particular, we provide estimates for the relationship between the two energy types and output. The estimates are then used to calculate the output and substitution elasticities between renewable and nonrenewable energy. Our findings show that while the impact of nonrenewable energy on Ghana's economy is negative, that of renewable energy is insignificant, with output elasticities for both energy types averaging -0.139 and 1.875 respectively. Even though substitution elasticity suggests the possibility of moving towards a renewable power generation system, this study also highlights the limitations associated with such transition, citing inherent problems such as scale, cost, and location. Based on the analysis done in the context of the findings, this study recommends a policy that supports an optimal energy matrix with both renewable and nonrenewable sources. (C) 2019 Elsevier Ltd. All rights reserved.
机译:加纳能否利用可再生能源建设经济?是否可以用不可再生能源代替可再生能源?可再生能源对加纳的经济有何影响?就加纳的可再生能源发展议程而言,这些问题是相关且值得考虑的。本研究使用跨对数生产函数法,主要研究加纳是否可以从不可再生能源发电转向可再生能源发电。特别是,我们提供了两种能源类型与输出之间关系的估计。然后,将这些估算值用于计算可再生和不可再生能源之间的输出和替代弹性。我们的研究结果表明,虽然不可再生能源对加纳的经济影响是负面的,但可再生能源的影响却微不足道,两种能源类型的输出弹性分别平均为-0.139和1.875。尽管替代弹性暗示了向可再生能源发电系统发展的可能性,但该研究还以规模,成本和位置等内在问题为重点,强调了与这种过渡相关的局限性。根据研究结果进行的分析,本研究提出了一项政策,该政策应支持具有可再生和不可再生能源的最佳能源矩阵。 (C)2019 Elsevier Ltd.保留所有权利。

著录项

  • 来源
    《Journal of Cleaner Production》 |2019年第1期|1396-1409|共14页
  • 作者

    Lin Boqiang; Ankrah Isaac;

  • 作者单位

    Xiamen Univ, Collaborat Innovat Ctr Energy Econ & Energy Polic, China Inst Studies Energy Policy, Sch Management, Xiamen 361005, Fujian, Peoples R China;

    Xiamen Univ, Collaborat Innovat Ctr Energy Econ & Energy Polic, China Inst Studies Energy Policy, Sch Management, Xiamen 361005, Fujian, Peoples R China;

  • 收录信息
  • 原文格式 PDF
  • 正文语种 eng
  • 中图分类
  • 关键词

    Ghana; Economic growth; Renewable energy; Translog production function;

    机译:加纳;经济增长;可再生能源;翻译生产功能;

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