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

Mark Agyei-Sakyi, Yunfei Shao, Oppong Amos and Armah Marymargaret
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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

Sustainability, 2021, vol. 13, issue 11, 1-22

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.

Keywords: electricity consumption; electricity generation; renewables; volatilities; Bi-LSTM; covid-19 pandemic; sustainable electric-power innovations (search for similar items in EconPapers)
JEL-codes: O13 Q Q0 Q2 Q3 Q5 Q56 (search for similar items in EconPapers)
Date: 2021
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (1)

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