A Technology Assessment of Renewable Energy Potentials in Nigeria

Abstract

Science, technology, and innovation (STI) has become a significant factor in driving several sectors towards economic growth and development in many economies. There are several possibilities of usage for renewable energy resources in Nigeria which could be explored for solving electricity crisis especially in the growing urban centers where large population of Nigerians are moving into en masse. There is no doubt that technology capability plays a central role in the development of renewable energy. This chapter assessed the level of technology capability among the Nigerian university academia specializing in renewable energy-related disciplines. The results revealed that the level of renewable energy R&D funding is insufficient and poor university-industry interaction also abounds. Thus, there is a colossal gap between the existing and the required technology innovation capabilities. This study makes some suggestions which could be used by the policymakers to salvage the present situations in the country so as to improve the electricity generation in meeting the needs of the growing urbanization.