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 |
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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 |
format | Article |
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−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.</description><identifier>ISSN: 1388-6150</identifier><identifier>EISSN: 1588-2926</identifier><identifier>DOI: 10.1007/s10973-024-13155-y</identifier><language>eng</language><publisher>Cham: Springer International Publishing</publisher><subject>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</subject><ispartof>Journal of thermal analysis and calorimetry, 2024, Vol.149 (16), p.8885-8897</ispartof><rights>Akadémiai Kiadó, Budapest, Hungary 2024. Springer Nature or its licensor (e.g. a society or other partner) holds exclusive rights to this article under a publishing agreement with the author(s) or other rightsholder(s); author self-archiving of the accepted manuscript version of this article is solely governed by the terms of such publishing agreement and applicable law.</rights><lds50>peer_reviewed</lds50><woscitedreferencessubscribed>false</woscitedreferencessubscribed><cites>FETCH-LOGICAL-c270t-d29314f0649fca08abb29de4bde2e33ce07e50d48f36c8e81ae91af568512403</cites><orcidid>0000-0002-5154-6404</orcidid></display><links><openurl>$$Topenurl_article</openurl><openurlfulltext>$$Topenurlfull_article</openurlfulltext><thumbnail>$$Tsyndetics_thumb_exl</thumbnail><linktopdf>$$Uhttps://link.springer.com/content/pdf/10.1007/s10973-024-13155-y$$EPDF$$P50$$Gspringer$$H</linktopdf><linktohtml>$$Uhttps://link.springer.com/10.1007/s10973-024-13155-y$$EHTML$$P50$$Gspringer$$H</linktohtml><link.rule.ids>314,776,780,27901,27902,41464,42533,51294</link.rule.ids></links><search><creatorcontrib>Osei-Mensah, Emmanuel</creatorcontrib><creatorcontrib>Bamisile, Olusola</creatorcontrib><creatorcontrib>Nyantakyi, Isaac Osei</creatorcontrib><creatorcontrib>Yeboah, Emmanuel</creatorcontrib><creatorcontrib>Raj, Ritu</creatorcontrib><creatorcontrib>Stafford, Iai N.</creatorcontrib><title>Assessing Ghana’s renewable energy potential and path to clean electricity based on the levelized cost of electricity from solar and wind</title><title>Journal of thermal analysis and calorimetry</title><addtitle>J Therm Anal Calorim</addtitle><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
). 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−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.</abstract><cop>Cham</cop><pub>Springer International Publishing</pub><doi>10.1007/s10973-024-13155-y</doi><tpages>13</tpages><orcidid>https://orcid.org/0000-0002-5154-6404</orcidid></addata></record> |
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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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