Authors :
Samuel Kofi Ahaive Dzamesi; Adu-Azumah Theophilus; Albert Kojo Sunnu; Peter Acheampong; Maxmillian Kwarteng; Daniel Asante; Kwaodwo Owusu Brentuo; Emmanuel Tandoh; Ebenezer Azeave
Volume/Issue :
Volume 9 - 2024, Issue 7 - July
Google Scholar :
https://tinyurl.com/293e79f6
Scribd :
https://tinyurl.com/53razk25
DOI :
https://doi.org/10.38124/ijisrt/IJISRT24JUL588
Abstract :
Electricity availability is crucial for
socioeconomic development, particularly in developing
nations' rural areas. As a result, solar electrification has
therefore been recommended as a more sustainable and
cost-effective option for rural electrification. The
research aim was to compare the economic viability of
solar electrification against grid extension in rural Ghana,
by examining the cost-benefit of solar electrification and
grid extension and identifying the most cost-effective and
sustainable approach for providing electricity to rural
communities in Ghana. Hundred respondents were
selected for this study using a simple random sampling
technique. Most respondents believe that solar systems
are cheaper to install estimating between GHS 40000 and
GHS 50000 compared to grid extensions which averages
about GHS 320000, as they can be installed by
professionals. Solar electricity offers a good return on
investment and doesn't require monthly bills, making it
economically sound. Maintenance is easy and cost-
efficient compared to grid extensions. Solar electrification
doesn't emit carbon emissions of greenhouse gases, and it
improves grid security. Most respondents agree that solar
electrification generates employment opportunities and is
cost-competitive with conventional electricity. They also
believe solar energy ensures clean energy for sustainable
development and poverty alleviation. Solar electrification
is a cost-effective and environmentally friendly
alternative to grid extension, reducing carbon footprint
and providing reliable power. Its initial capital
investment is crucial for its economic viability. The study
recommends research on hybrid systems integrating solar
electrification with grid extension, exploring new
technologies like energy storage and smart grids, and
exploring regulatory frameworks and policy incentives to
promote private sector investments in solar electrification
in rural Ghana.
Keywords :
Electrification, Energy, Renewable, Solar.
References :
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Electricity availability is crucial for
socioeconomic development, particularly in developing
nations' rural areas. As a result, solar electrification has
therefore been recommended as a more sustainable and
cost-effective option for rural electrification. The
research aim was to compare the economic viability of
solar electrification against grid extension in rural Ghana,
by examining the cost-benefit of solar electrification and
grid extension and identifying the most cost-effective and
sustainable approach for providing electricity to rural
communities in Ghana. Hundred respondents were
selected for this study using a simple random sampling
technique. Most respondents believe that solar systems
are cheaper to install estimating between GHS 40000 and
GHS 50000 compared to grid extensions which averages
about GHS 320000, as they can be installed by
professionals. Solar electricity offers a good return on
investment and doesn't require monthly bills, making it
economically sound. Maintenance is easy and cost-
efficient compared to grid extensions. Solar electrification
doesn't emit carbon emissions of greenhouse gases, and it
improves grid security. Most respondents agree that solar
electrification generates employment opportunities and is
cost-competitive with conventional electricity. They also
believe solar energy ensures clean energy for sustainable
development and poverty alleviation. Solar electrification
is a cost-effective and environmentally friendly
alternative to grid extension, reducing carbon footprint
and providing reliable power. Its initial capital
investment is crucial for its economic viability. The study
recommends research on hybrid systems integrating solar
electrification with grid extension, exploring new
technologies like energy storage and smart grids, and
exploring regulatory frameworks and policy incentives to
promote private sector investments in solar electrification
in rural Ghana.
Keywords :
Electrification, Energy, Renewable, Solar.