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An Environmental and Health Benefit and Cost analysis of Renewable Energy in Nigeria: A comparison between the investment in solar energy plant and hydropower plant
Dalarna University, School of Culture and Society.
2024 (English)Independent thesis Advanced level (degree of Master (One Year)), 10 credits / 15 HE creditsStudent thesis
Abstract [en]

This study analyses the environmental and health benefits associated with the use of renewable energy sources, focusing on the costs and savings involved. The research employs a comprehensive cost-benefit analysis approach, comparing the costs associated with generating energy from a 10 megawatts solar energy power plant versus a 10 megawatt hydropower plant. The data used in this research was gathered from a variety of sources, including government reports, academic studies, and industry publications. The analysis ensued a positive net benefit for both power plants, while the economic useful life of developing and implementing the solar plant is shorter, the long-term benefits of these technology outweighs that of the hydro power plant. The data indicates that renewable energy technologies can significantly reduce greenhouse gas emissions and air pollution, leading to substantial improvements in public health and environmental quality. Overall, this research indicates that investing in renewable energy sources is not only an environmentally responsible choice, but also a viable decision for the society. 

Place, publisher, year, edition, pages
2024.
Keywords [en]
Environment, Health, Solar Energy and Hydropower
National Category
Economics Energy Engineering
Identifiers
URN: urn:nbn:se:du-48245OAI: oai:DiVA.org:du-48245DiVA, id: diva2:1844840
Subject / course
Economics
Available from: 2024-03-15 Created: 2024-03-15

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fulltext(1686 kB)146 downloads
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File name FULLTEXT01.pdfFile size 1686 kBChecksum SHA-512
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Type fulltextMimetype application/pdf

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CiteExportLink to record
Permanent link

Direct link
Cite
Citation style
  • apa
  • ieee
  • modern-language-association-8th-edition
  • vancouver
  • chicago-author-date
  • chicago-note-bibliography
  • Other style
More styles
Language
  • de-DE
  • en-GB
  • en-US
  • fi-FI
  • nn-NO
  • nn-NB
  • sv-SE
  • Other locale
More languages
Output format
  • html
  • text
  • asciidoc
  • rtf