Authors :
Adebayo Adeyinka Victor; Opaleye E T; Oni, Sunday Oluwagbemiga; Oladejo, Babafemi Oladapo
Volume/Issue :
Volume 9 - 2024, Issue 6 - June
Google Scholar :
https://tinyurl.com/mtzexun2
Scribd :
https://tinyurl.com/2dfyfeum
DOI :
https://doi.org/10.38124/ijisrt/IJISRT24JUN474
Note : A published paper may take 4-5 working days from the publication date to appear in PlumX Metrics, Semantic Scholar, and ResearchGate.
Abstract :
Energy efficiency and demand side
management (EEDSM) are critical components of
sustainable energy strategies globally. In Nigeria,
implementing these practices is crucial to address the
growing energy demand, enhance energy security, and
mitigate environmental impacts. This paper explores
Nigeria's Energy Management Systems (EMS) market,
highlighting the current state of energy efficiency and
demand side management initiatives, market drivers,
barriers, and future prospects. The study emphasises the
importance of EMS in optimising energy use and
underscores the urgent need for policy recommendations.
The analysis shows that despite significant challenges,
there are substantial opportunities for growth in the EMS
market, driven by the industrial, commercial, and public
sectors. However, these opportunities can only be fully
realised with the right policy support, underlining the
necessity of immediate action in this area and making the
audience feel the situation's urgency.
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Energy efficiency and demand side
management (EEDSM) are critical components of
sustainable energy strategies globally. In Nigeria,
implementing these practices is crucial to address the
growing energy demand, enhance energy security, and
mitigate environmental impacts. This paper explores
Nigeria's Energy Management Systems (EMS) market,
highlighting the current state of energy efficiency and
demand side management initiatives, market drivers,
barriers, and future prospects. The study emphasises the
importance of EMS in optimising energy use and
underscores the urgent need for policy recommendations.
The analysis shows that despite significant challenges,
there are substantial opportunities for growth in the EMS
market, driven by the industrial, commercial, and public
sectors. However, these opportunities can only be fully
realised with the right policy support, underlining the
necessity of immediate action in this area and making the
audience feel the situation's urgency.