Gershon, Obindah and Awoyele, A. (2020) Meta-Analysis of Electricity Pricing in West Africa. In: 2020 IEEE PES/IAS Power Africa, 25-28 August 2020, Nairobi, Kenya.
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Abstract
A meta-analysis is undertaken to ascertain how prices are integrating in West African electricity markets. It examines the extent West African Power Pool (WAPP) contributes to power price interactions within ECOWAS. Unit electricity prices to end-users, in US cents/kWh, for fourteen (14) countries in the WAPP are obtained by reviewing existing literature. Electricity price data in different countries are collated from 2010 to 2017 and analyzed for variation over time. It is found that end-users pay varying prices for power in different countries depending on their access and nearness to the source of electricity. The exercise reveals that the WAPP, though laudable, is yet to have a significant effect on electricity pricing within the sub-region. This is due to financing and price risks, as well as, regulatory and policy challenges - affordability and cost recovery. However, bilateral agreements between certain countries have helped to ease electricity trading within the region.
| Item Type: | Conference or Workshop Item (Paper) |
|---|---|
| Subjects: | H Social Sciences > H Social Sciences (General) H Social Sciences > HB Economic Theory T Technology > TK Electrical engineering. Electronics Nuclear engineering |
| Divisions: | Faculty of Law, Arts and Social Sciences > School of Social Sciences |
| Depositing User: | nwokealisi |
| Date Deposited: | 23 Jan 2024 15:15 |
| Last Modified: | 23 Jan 2024 15:15 |
| URI: | http://eprints.covenantuniversity.edu.ng/id/eprint/17736 |
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