De-Risking the Atom: An Integrated Framework of Economic Incentives and Legislative Reforms for Nuclear Energy Deployment in Nigeria | Chapter 5 | Physical Science: New Insights and Developments Vol. 3

 

Nigeria's ambitious energy transition and economic development goals are critically hampered by a pervasive energy deficit and an over-reliance on volatile fossil fuels. While nuclear power presents a compelling solution for delivering stable, low-carbon baseload electricity, its historical challenges (prohibitive capital costs, complex risk profiles, and stringent regulatory demands) have stalled its adoption across emerging economies. This study addresses a critical gap in the literature by moving beyond technical feasibility studies to propose a holistic, Nigeria-specific framework that synergistically combines innovative economic models, targeted legislative incentives, and robust risk mitigation strategies to de-risk nuclear investments. Through a mixed-methods approach involving systematic literature review, comparative policy analysis, and preliminary economic modelling, the study evaluates the fundamental economic determinants of nuclear viability within Nigeria's unique context. It identifies the high cost of capital, driven by perceived risks, as the primary barrier. A quantitative analysis shows that with a weighted average cost of capital (WACC) reduced from a risky 12% to a de-risked 8%, the Levelized Cost of Electricity (LCOE) for nuclear power in Nigeria could fall from approximately $102/MWh to a competitive $72/MWh. Consequently, the chapter prescribes a detailed framework encompassing financial instruments like tax credits and sovereign guarantees, legislative reforms for regulatory certainty, and layered risk-sharing mechanisms. The analysis concludes that nuclear energy's economic viability in Nigeria is not intrinsic but can be engineered through deliberate policy and legislative action. The chapter advocates for a phased strategy, prioritising Small Modular Reactors (SMRs), and provides a concrete, actionable roadmap for policymakers to translate nuclear ambition into tangible, bankable projects.

 

 

Author(s) Details

EZREL TABIOWO
National Assembly, Federal Republic of Nigeria, Three Arms Zone, Abuja-FCT, Nigeria.

 

Please see the book here :- https://doi.org/10.9734/bpi/psniad/v3/6465

 

Advancing Solar Thermal Energy in Mozambique: Technologies, Barriers and Sustainable Development Pathways | Chapter 5 | New Horizons of Science, Technology and Culture Vol. 4

 

Mozambique possesses one of the highest solar irradiation potentials in Southern Africa, offering a strategic opportunity for the development of solar thermal energy technologies. This study explores the status, challenges, and prospects of solar thermal energy in Mozambique, emphasising its role in sustainable building heating. Despite favourable natural conditions, the adoption of solar thermal systems remains limited due to economic, technical, and institutional barriers. The paper highlights successful case studies, such as the SOLTRAIN initiative, and discusses innovative approaches using alternative materials to reduce costs. It concludes by recommending targeted policies, local capacity building, and technological innovation to unlock the full potential of solar thermal energy in Mozambique.

Author(s) Details

Fernando Chichango
Faculty of Environmental Engineering and Natural Resources, Zambeze University, Mozambique.

 

Please see the book here:- https://doi.org/10.9734/bpi/nhstc/v4/6045

 

Improving the Quality of Electricity in Eastern Europe: Challenges and Solutions | Chapter 6 | Scientific Research, New Technologies and Applications Vol. 9

This paper explores the current challenges in electricity quality in Eastern Europe, focusing on factors such as reliability, stability, and efficiency. With the region's energy sector undergoing significant transformation, from post-communist restructuring to the transition to renewable energy sources, the importance of ensuring high-quality electricity is paramount. The paper evaluates infrastructure inadequacies, grid modernization, regulatory changes, and the integration of renewable energy sources. Finally, it outlines potential strategies to improve power quality through technological innovation, investment, and cross-border cooperation.

 

Author (s) Details

 

Gheorghe E. Safta
University of Petrosani, 332093 Petrosani, Romania.

 

Daniel N. Fita
University of Petrosani, 332093 Petrosani, Romania.

 

Florin G. Popescu
University of Petrosani, 332093 Petrosani, Romania.

 

Alin E. Cruceru
Politechnic University of Bucharst, Romania.

 

Razvan C. Olteanu
University of Petrosani, 332093 Petrosani, Romania.

 

Adrian M. Schiopu
University of Petrosani, 332093 Petrosani, Romania.

 

Gabriela Popescu
University of Petrosani, 332093 Petrosani, Romania.

 

Please see the book here:- https://doi.org/10.9734/bpi/srnta/v9/3291