Assessing Ghana’s renewable energy potential and path to clean electricity based on the levelized cost of electricity from solar and wind

Renewable energy has gained significant attention in recent years due to its potential to address the growing global energy demand while mitigating the adverse effects of climate change. In Ghana, a country with sizeable renewable energy resources, harnessing these sources is crucial for sustainable...

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Veröffentlicht in:Journal of thermal analysis and calorimetry 2024, Vol.149 (16), p.8885-8897
Hauptverfasser: Osei-Mensah, Emmanuel, Bamisile, Olusola, Nyantakyi, Isaac Osei, Yeboah, Emmanuel, Raj, Ritu, Stafford, Iai N.
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container_end_page 8897
container_issue 16
container_start_page 8885
container_title Journal of thermal analysis and calorimetry
container_volume 149
creator Osei-Mensah, Emmanuel
Bamisile, Olusola
Nyantakyi, Isaac Osei
Yeboah, Emmanuel
Raj, Ritu
Stafford, Iai N.
description Renewable energy has gained significant attention in recent years due to its potential to address the growing global energy demand while mitigating the adverse effects of climate change. In Ghana, a country with sizeable renewable energy resources, harnessing these sources is crucial for sustainable development. This study examines Ghana’s renewable energy potential, focusing on solar and wind energy resources. Using the levelized cost of electricity (LCOE) calculated based on the high-resolution NASA MERRA-2 climate data, this study presents findings on Ghana’s renewable energy potential and how energy investment policies are impacted. Solar photovoltaic capacity potential and related costs show that it is the most cost-effective option compared to onshore and offshore wind, due to lower wind speeds. The offshore wind power LCOE ranges from 204.65 to 672.32 $ MWh −1 , while solar PV has a narrower range of LCOE values (58.75 to 65.82 $ MWh −1 ). Additionally, the study considers the potential of the renewable energy mix in Ghana's energy generation, emphasizing the importance of diversifying energy sources for a resilient and sustainable future.
doi_str_mv 10.1007/s10973-024-13155-y
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subjects Alternative energy sources
Analytical Chemistry
Chemistry
Chemistry and Materials Science
Clean energy
Electric potential
Electricity
Energy costs
Energy policy
Energy resources
Inorganic Chemistry
Investment strategy
Measurement Science and Instrumentation
Offshore
Offshore energy sources
Photovoltaic cells
Physical Chemistry
Polymer Sciences
Renewable energy
Renewable resources
Sustainable development
Wind effects
Wind power
Wind speed
title Assessing Ghana’s renewable energy potential and path to clean electricity based on the levelized cost of electricity from solar and wind
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