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Modelling Cooperatives to Combat Energy Poverty in Ondo State in the Context of Renewable Energy Transition

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  • Mudasiru Olawale Ibrahim

    (Federal Polytechnic, Ile Oluji, Ondo State, Nigeria)

  • Felix Abiola Amaka

    (Federal Polytechnic, Ile Oluji, Ondo State, Nigeria)

  • Elizabeth Oluwadamilola Adekunle

    (Federal Polytechnic, Ile Oluji, Ondo State, Nigeria)

Abstract

This paper analyzes the possibility to develop solar systems through cooperative business model in optimizing the utilization of local renewable energy for non-grid rural area in southern Ondo State. The proposed model integrates the cooperative renewable energy sources employing photovoltaic solar systems. The study used the Multidimensional Energy Poverty Index (MEPI) to decompose energy poverty into incidence, intensity and inequality in order to ascertain the energy poverty level in Ondo South and how renewable energy cooperatives (RECs) business model could reduce the poverty incidence. The findings of the research were that there exist high energy poverty incidence in Ondo south and weak structures for cooperatives to deploy renewable energy.The research recommended increase in government intervention to cooperatives in setting up mini grids and setting community-based initiatives for home solar systems.

Suggested Citation

  • Mudasiru Olawale Ibrahim & Felix Abiola Amaka & Elizabeth Oluwadamilola Adekunle, 2024. "Modelling Cooperatives to Combat Energy Poverty in Ondo State in the Context of Renewable Energy Transition," International Journal of Research and Innovation in Social Science, International Journal of Research and Innovation in Social Science (IJRISS), vol. 8(8), pages 3608-3615, August.
    • Handle: RePEc:bcp:journl:v:8:y:2024:i:8:p:3608-3615
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