2022 7th International Conference on Environment Friendly Energies and Applications (EFEA) 2022
DOI: 10.1109/efea56675.2022.10063841
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Facilitating the Implementation of Hybrid Renewable Energy Systems (HRES) in Nigeria through Incentive Policies

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“…While there are policies in place aimed at driving renewable energy development, the lack of legislative backing and various systemic challenges have hindered the deep entrenchment of this thrust (Elum & Mjimba, 2020). Moreover, the existing energy policies, such as the National Energy Policy and the National Renewable Energy and Energy Efficiency Policy, have not fully realized their objectives, necessitating a re-evaluation of strategies to incentivize renewable energy growth in the country (Dawuda, Far & Maheri, 2022). Furthermore, the rapid technological advancements globally have prompted developed nations to explore alternative energy sources, thereby reducing pressure on natural resources like gas, uranium, and oil.…”
Section: Introductionmentioning
confidence: 99%
“…While there are policies in place aimed at driving renewable energy development, the lack of legislative backing and various systemic challenges have hindered the deep entrenchment of this thrust (Elum & Mjimba, 2020). Moreover, the existing energy policies, such as the National Energy Policy and the National Renewable Energy and Energy Efficiency Policy, have not fully realized their objectives, necessitating a re-evaluation of strategies to incentivize renewable energy growth in the country (Dawuda, Far & Maheri, 2022). Furthermore, the rapid technological advancements globally have prompted developed nations to explore alternative energy sources, thereby reducing pressure on natural resources like gas, uranium, and oil.…”
Section: Introductionmentioning
confidence: 99%