Electricity Projects’ Development and Opportunities for Construction in Africa

Atchike, Desire Wade

doi:10.1061/9780784480274.053

Cited by 1 publication

(1 citation statement)

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“…Africa's hydropower installed capacity is expected to grow by about 4,700 MW over the next 2 to 3 years providing great opportunities for construction. Unfortunately, Dumisani (2016) analyzed that Sub-Saharan Africa struggles to attract investment for hydropower projects while Zhao et al (2016) in line with Zhao and Atchike (2015) concluded that investors seeking a new energy frontier are slowly beginning to recognize the region's rich potential.…”

Section: Introductionmentioning

confidence: 99%

Bootstrapping the Cost Modelling of Hydropower Projects in Sub-Saharan Africa: Case of Chinese Financed Projects

Atchike

Bao

2020

IJEEP

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In last decades, many scholars have studied the cost of hydropower plants based on the capacity and head. The different correlation equations obtained depend mostly on geographical locations and electro-mechanical characteristics. As Sub-Saharan Africa remains the region with the largest untapped hydropower potential, coupled with the need of expansion of Chinese energy companies, this paper aims to estimate the cost of hydropower projects financed and constructed by Chinese companies in Sub-Saharan Africa. The data used in this study were rigorously selected. After refinement of the raw data, screening was performed to improve the quality of the database suitable for the log transformed linear regression. Furthermore, a bootstrap resampling with replacement was applied to assure the robustness of the model. The results show a good accuracy of the model confirmed by the high value of the coefficient of determination and an average error <20%.

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Section: Introductionmentioning

confidence: 99%