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To Toss a Coin or Shake a Hand: An Overview of Renewable Energy Interventions and Procurement in selected African Countries

Author

Listed:
  • Ackah, Ishmael
  • A. Opoku, Freda
  • Suleman, Shafic

Abstract

Open and competitive bidding process (toss a coin) promotes transparency, efficiency and cost reduction as compared to direct negotiations (shake a hand). This paper provides an overview of renewable energy interventions in Angola, Algeria, Cote Dvoire, Ghana and Nigeria. Further, best practices in Germany and South Africa are discussed. It was discovered that, apart from South Africa, most countries in Sub-Saharan Africa uses direct negotiations and feed-in-tariff which has contributed to high cost of renewables. The study recommends that countries should build tendering capacity, put in place simple but robust tendering process and research to identify their renewable energy potential to procure new renewable energy capacity through open and competitive bidding process.

Suggested Citation

  • Ackah, Ishmael & A. Opoku, Freda & Suleman, Shafic, 2017. "To Toss a Coin or Shake a Hand: An Overview of Renewable Energy Interventions and Procurement in selected African Countries," MPRA Paper 77489, University Library of Munich, Germany.
  • Handle: RePEc:pra:mprapa:77489
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    File URL: https://mpra.ub.uni-muenchen.de/77489/1/MPRA_paper_77489.pdf
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    References listed on IDEAS

    as
    1. Boudghene Stambouli, Amine, 2011. "Algerian renewable energy assessment: The challenge of sustainability," Energy Policy, Elsevier, vol. 39(8), pages 4507-4519, August.
    2. Ishmael Ackah, 2016. "Policy interventions in renewable energy for sustainable development: is Ghana on the right path to achieve SDG 7?," Working Papers of the African Governance and Development Institute. 16/013, African Governance and Development Institute..
    Full references (including those not matched with items on IDEAS)

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    More about this item

    Keywords

    Competitive Bidding; Renewable Energy Investments; Sub-Saharan Africa; Energy;
    All these keywords.

    JEL classification:

    • Q2 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Renewable Resources and Conservation
    • 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
    • Q4 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Energy
    • Q48 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Energy - - - Government Policy

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