Identification and prioritization of factors affecting the transition to renewables in developing economies

Author links open overlay panelHanif Auwal Ibrahim, Michael Kweneojo Ayomoh

Nagasureshkumar Yadavalli

Manijeh Ahmadi

Transitioning to renewable energy at an institutional level involves several critical factors. Firstly, the financial viability and return on investment must be evaluated, considering both initial capital costs and long-term savings from reduced energy expenses. Regulatory and policy frameworks are also essential, as incentives, subsidies, and favorable policies can significantly influence the feasibility of renewable energy projects. Additionally, the institution's energy needs and consumption patterns must be assessed to determine the most suitable renewable energy sources and technologies, such as solar, wind, or biomass. Infrastructure readiness, including the availability of space for installations and the capacity of existing electrical systems to integrate renewable sources, is another crucial factor. Furthermore, stakeholder engagement and support are vital, as buy-in from management, staff, and the community can drive successful implementation. Lastly, sustainability goals and environmental impact considerations should align with the institution's broader mission and values, ensuring that the transition supports overall strategic objectives.