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Economic Impact of Renewable Energy in Nigeria
Nigeria has one of the lowest GDP per capita in the world despite its abundance of natural resources. With a stable and affordable power supply through the use of renewable energy sources, some of the positive impact it could have on GDP is: Reduction in Cost of Production, Increased Business Activities, Increase in Foreign Direct Investments (FDI), Reduction in Unemployment, Reduction of Inflation, and an Additional Income Source.
State of Electricity Mix for EV Charging
Electric vehicle adoption comes with a demand for electricity. How clean is the electricity fueling these vehicles? What proportion of EVs are really zero emissions? EVs are significantly less polluting than petrol and diesel-powered cars as they do not produce tailpipe emissions. However, the carbon footprint of EVs can be attributed primarily to the manufacturing process and sourcing of energy.