Factors Influencing Sustainable Energy Transition and Climate Change in Nigeria.

Abstract

Abstract The aim and objective of this study is to examine the factors influencing sustainable energy transition and climate change in Nigeria and recommend ways to promote sustainable energy transition for policy decisions in Nigeria. There has been a general call for the decarbonization of the global environment. This has necessitated the need for renewable energy and other forms of sustainable energy in developing countries. African governments are passionately disposed to finding a balance between energy transition and energy trilemma. The balance is with respect to energy equity, sustainability, and security However, the African nation of the world are lagging in terms of energy transition and several factors are responsible for the slow speed in energy transition in the Africa. The study adopted qualitative research methodology using literature review. Based on the analysis of literature review in energy transition it has been shown that technically 100 % renewable energy systems have been verified. In order to achieve carbon neutrality, current energy system need to be transformed towards a sustainable energy system or at best quasi sustainable development of petroleum resources. The study findings revealed that there are some barriers to carbon neutrality that presently constrain sustainable energy transition. The study highlighted on the development of an enabling framework that act as counter strategies to overcome the existing barriers and facilitate energy transition to be sustainable. The underlying factors behind sustainable energy transition and de-carbonization are: Financial, technical, energy market and energy policy, support infrastructure, environment/ ecological, legal and regulatory requirements. In conclusion, it is imperative that for a sustainable energy transition and mitigation of climate change in Nigeria, the enabling frame work needed to be reformed.