Determinants of Electricity Demand in Cote D’Ivoire, Ghana, Nigeria and Senegal

Horace Koranteng Nkansah, Shafic Suleman, Ishmael Ackah, Benjamin Ashitey Amarh, Dominic Eduah and John Abdulai Jinapor
Additional contact information
Horace Koranteng Nkansah: Electricity Company of Ghana, Accra P.O. Box 2394, Ghana
Shafic Suleman: Institute for Oil and Gas Studies, University of Cape Coast, Cape Coast Private Mall Box, Ghana
Benjamin Ashitey Amarh: Supercargo Logistics Company Limited, Tema Manhean P.O. Box TT228, Ghana
Dominic Eduah: Ghana National Petroleum Corporation Foundation, Takoradi P.O. Box AX147, Ghana
John Abdulai Jinapor: Department of Economics, School of Liberal Arts and Social Sciences, Ghana Institute of Management and Public Administration, Achimota P.O. Box AH50, Ghana

Energies, 2022, vol. 15, issue 14, 1-18

Abstract: It has been established that a consistent supply of electricity to sectors of an economy is vital for economic growth. Countries in West Africa have not realized their full economic potential due to limited access to electricity. The problem with limited energy consumption has been compounded by an unstable supply of power. In this regard, diverse studies have sought to ascertain the factors that influence the consumption of electricity. However, in West Africa, there are very limited empirical works carried out to establish the determinants of electricity consumption and this has necessitated this study. The pooled OLS method is used to examine the determinant consumption of electricity for the period 1980 to 2018. In addition, the study focuses on four countries in West Africa: Nigeria, Ghana, Cote d’Ivoire and Senegal. The results indicate that gross domestic product, foreign direct investment, trade openness, industry output and population growth show a positive and significant relationship with electricity consumption. However, consumer price index has a negative and significant influence on the quantum of electricity consumed. The study recommends that projects focused to increase electricity generation capacity in West Africa should be encouraged and energy from clean sources should be harnessed to provide electricity.

Keywords: electricity consumption; electricity access; economic growth (search for similar items in EconPapers)
JEL-codes: Q Q0 Q4 Q40 Q41 Q42 Q43 Q47 Q48 Q49 (search for similar items in EconPapers)
Date: 2022
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (1)

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