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Promoting West African Ownership of the Power Sector: Alternative Financing for Distributed Generation of Renewable Electricity

Promoting West African Ownership of the Power Sector: Alternative Financing for Distributed... Centralized generation remains the prevailing approach to expanding electrification in West Africa. In contrast, distributed generation (DG) of renewable electricity emphasizes generation close to the point of consumption and offers possibilities for more effective models. However, its adoption remains ad hoc and marginal despite significant advancement in the technologies. This article provides an overview of DG, its costs, and the market failures associated with adoption. We discuss specific financing mechanisms that could make DG affordable in West Africa. Finally, we recommend DG as a viable paradigm for electricity planning that is more amenable to flexible financing, local ownership, and widespread electrification. http://www.deepdyve.com/assets/images/DeepDyve-Logo-lg.png Journal Of African Business Taylor & Francis

Promoting West African Ownership of the Power Sector: Alternative Financing for Distributed Generation of Renewable Electricity

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Promoting West African Ownership of the Power Sector: Alternative Financing for Distributed Generation of Renewable Electricity

Abstract

Centralized generation remains the prevailing approach to expanding electrification in West Africa. In contrast, distributed generation (DG) of renewable electricity emphasizes generation close to the point of consumption and offers possibilities for more effective models. However, its adoption remains ad hoc and marginal despite significant advancement in the technologies. This article provides an overview of DG, its costs, and the market failures associated with adoption. We discuss...
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Publisher
Taylor & Francis
Copyright
Copyright Taylor & Francis Group, LLC
ISSN
1522-9076
eISSN
1522-8916
DOI
10.1080/15228916.2011.620924
Publisher site
See Article on Publisher Site

Abstract

Centralized generation remains the prevailing approach to expanding electrification in West Africa. In contrast, distributed generation (DG) of renewable electricity emphasizes generation close to the point of consumption and offers possibilities for more effective models. However, its adoption remains ad hoc and marginal despite significant advancement in the technologies. This article provides an overview of DG, its costs, and the market failures associated with adoption. We discuss specific financing mechanisms that could make DG affordable in West Africa. Finally, we recommend DG as a viable paradigm for electricity planning that is more amenable to flexible financing, local ownership, and widespread electrification.

Journal

Journal Of African Business – Taylor & Francis

Published: Sep 1, 2011

Keywords: distributed generation; financing; micro-finance; ownership; renewable resources; sustainability; widespread electrification

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