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Renewable Energy
Innovation
OGHENEKEVWE IBODJE
Content
Introduction/Profile
Need for Renewable Energy Innovation
Renewable Energy Mix
Challenges in Renewable Energy
Development
Innovations in Renewable Energy
IP Considerations
Impact of Renewable Energy Technology
Case Studies
Renewable Energy Outlook
Questions
Profile
Oghenekevwe Ibodje is a Solicitor at Detail Commercial Solicitors
and a member of the Firm’s Energy, Power & Infrastructure
practice. He regularly advises clients operating across the value
chain of the Nigerian power sector.
Oghenekevwe’s ability to understand and deal with complex legal
and commercial issues in relation to financing and developing
energy and infrastructure projects enables him to provide clients
with practical solutions to meet their needs.
Oghenekevwe's proficiency in conducting due diligence exercises
for power-related transactions stems from his practical and
pragmatic approach. He consistently proposes innovative
solutions to challenging issues and takes additional measures to
deliver value-added services to clients.
Renewable energy refers to energy generated from natural
resources that can be replenished or regenerated naturally.
Sunlight - Solar Energy
Wind - Wind Energy
Water waves - Hydropower
Geothermal heat - Geothermal energy
Biomass - Bioenergy
Renewable energy sources are abundant and sustainable, and
they do not produce harmful greenhouse gases that contribute
to climate change.
What is Renewable Energy?
Sources of renewable energy
Need for Renewable Energy
Innovation?
Climate Change
Cost
Energy Security
Job Creation
Sustainable alternatives to fossil fuels
Limit emission of greenhouse gasses
Promotes sustainable living
Cheaper alternative to fossil fuels in
the long run
Innovation is needed to further reduce
costs and in crease accessibility
In addition to research and
development, legal advisers are needed
across the value chain, from concept to
project implementation, policy and
dispute resolution.
more decentralized and secure
energy system, reducing dependence
on fossil fuels
BIOENERGY - 10MW
GEOTHERMAL - <1MW
HYDRO - 2,111MW
SOLAR - 60MW
WIND - 3MW Hydro
97.9%
Solar
1.5%
16.4%
Renewable
Energy Mix
Challenges and
Limitations of
Renewable
Energy
Renewable energy technologies have many
benefits, including reducing carbon emissions,
providing energy security, and creating new
jobs in the industry. However, they also face
several challenges and limitations that can
hinder their widespread adoption.
The cost of renewable
energy technologies has
decreased significantly in
recent years, they can still
be more expensive than
traditional energy sources.
Technologies
Cost
Policy Activation
Many renewable energy
sources, such as solar and
wind, are intermittent and
dependent on weather
conditions. This means that
their energy output can vary
widely and may not always
align with demand.
Intermittency
The intermittency of
renewable energy sources
can be addressed through
energy storage solutions,
but currently available
storage technologies are
expensive and not always
efficient.
Storage
Solar and wind turbines,
require significant amounts
of land, which can be a
challenge in densely
populated areas.
Geography
Solar - Wind Hybrid Systems;
Solar Home Solutions (SHS);
Mini Grids;
Waste-to-Energy (WTE) Facilities;
Advanced Batteries (BaaS);
Small Hydro Power (SHP).**
Notable innovations in renewable energy technology
development in Nigeria include:
Innovations in
Renewable
Energy
Technology
Copyright: software and digital content used in
renewable energy technologies.
Patents: exclusive right to manufacture, use, and
sell the technology for a certain period - 20 years.
Licensing: grants permission to another party to
use technology or intellectual property in
exchange for a fee for a specified period.
Trademarks: protect the branding and marketing
of renewable energy products and services.
IP considerations in renewable energy project
development include:
Intellectual
property
Considerations?
Policy Activation
Impact of
Renewable
Energy
In driving further adoption of renewable
energy, there will be improvements in
the levels of energy security, economic
development, environmental
sustainability, access to electricity, and
energy affordability.
Increased access to
electricity in Nigeria, where
around 60% of the
population lacks access to
grid electricity.
Technologies
Reduction of the country's
carbon footprint by
replacing fossil fuels with
clean energy sources.
Energy Access GHG Emmissions
A diverse energy mix can
help ensure energy security
by reducing the country's
reliance on a single source
of energy.
Prevents exposure to price
volatility, supply disruptions,
and geopolitical tensions.
Energy Security
Policy Activation
Case Study
Shimankar Community
234kWp Solar Hybrid Mini-
Grid Project, Shendam
LGA, Plateau State, Nigeria
1,972 Households
73 Commercial Users
5 Productive Users and
19 Public Users in the
community to improve
the socio-economic life
The installed mini grid
comprising a total of 234kw
will adequately energize the
community and provide
reliable electricity to:
Impact
GVE Projects Limited
Owner/Developer
MEMPHIS DESIGN
A brief history of a quirky design
Renewable
Energy Master
Plan (REMP)
the
foundational
policy for
encouraging
the adoption
of RE in the
Nigerian
2005
30:30:30
30GW from
renewables,
constituting
30% of the
Nigerian
energy mix by
2030
2021
Energy
Transition
Plan (ETP) -
carbon
neutrality by
2060
2022
It is expected
that solar
energy would
constitute at
least 6% of the
Nigerian
energy mix.
2030
Renewable Energy Outlook
What's next?
It is expected
that solar
energy would
surpass
natural gas
utilization by
2035.
2035
Policy Timelines and Deliverables
Deployment of decentralized renewable
energy, and expansion of the transmission
and distribution network.
Adoption of carbon capture utilization and
storage (CCUS) technology.
Deployment of biofuels and shifting from
diesel/petrol vehicles to hybrid and electric
vehicles (EV).
Substitution of traditional firewood,
charcoal, and kerosene with Liquefied
Petroleum Gas (LPG) until 2030.
ETP Decarbonization Strategy
Questions
Thank You For
Your Time!
Stay safe!

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Renewable Energy Innovation

  • 2. Content Introduction/Profile Need for Renewable Energy Innovation Renewable Energy Mix Challenges in Renewable Energy Development Innovations in Renewable Energy IP Considerations Impact of Renewable Energy Technology Case Studies Renewable Energy Outlook Questions
  • 3. Profile Oghenekevwe Ibodje is a Solicitor at Detail Commercial Solicitors and a member of the Firm’s Energy, Power & Infrastructure practice. He regularly advises clients operating across the value chain of the Nigerian power sector. Oghenekevwe’s ability to understand and deal with complex legal and commercial issues in relation to financing and developing energy and infrastructure projects enables him to provide clients with practical solutions to meet their needs. Oghenekevwe's proficiency in conducting due diligence exercises for power-related transactions stems from his practical and pragmatic approach. He consistently proposes innovative solutions to challenging issues and takes additional measures to deliver value-added services to clients.
  • 4. Renewable energy refers to energy generated from natural resources that can be replenished or regenerated naturally. Sunlight - Solar Energy Wind - Wind Energy Water waves - Hydropower Geothermal heat - Geothermal energy Biomass - Bioenergy Renewable energy sources are abundant and sustainable, and they do not produce harmful greenhouse gases that contribute to climate change. What is Renewable Energy? Sources of renewable energy
  • 5.
  • 6. Need for Renewable Energy Innovation? Climate Change Cost Energy Security Job Creation Sustainable alternatives to fossil fuels Limit emission of greenhouse gasses Promotes sustainable living Cheaper alternative to fossil fuels in the long run Innovation is needed to further reduce costs and in crease accessibility In addition to research and development, legal advisers are needed across the value chain, from concept to project implementation, policy and dispute resolution. more decentralized and secure energy system, reducing dependence on fossil fuels
  • 7. BIOENERGY - 10MW GEOTHERMAL - <1MW HYDRO - 2,111MW SOLAR - 60MW WIND - 3MW Hydro 97.9% Solar 1.5% 16.4% Renewable Energy Mix
  • 8. Challenges and Limitations of Renewable Energy Renewable energy technologies have many benefits, including reducing carbon emissions, providing energy security, and creating new jobs in the industry. However, they also face several challenges and limitations that can hinder their widespread adoption. The cost of renewable energy technologies has decreased significantly in recent years, they can still be more expensive than traditional energy sources. Technologies Cost Policy Activation Many renewable energy sources, such as solar and wind, are intermittent and dependent on weather conditions. This means that their energy output can vary widely and may not always align with demand. Intermittency The intermittency of renewable energy sources can be addressed through energy storage solutions, but currently available storage technologies are expensive and not always efficient. Storage Solar and wind turbines, require significant amounts of land, which can be a challenge in densely populated areas. Geography
  • 9. Solar - Wind Hybrid Systems; Solar Home Solutions (SHS); Mini Grids; Waste-to-Energy (WTE) Facilities; Advanced Batteries (BaaS); Small Hydro Power (SHP).** Notable innovations in renewable energy technology development in Nigeria include: Innovations in Renewable Energy Technology
  • 10. Copyright: software and digital content used in renewable energy technologies. Patents: exclusive right to manufacture, use, and sell the technology for a certain period - 20 years. Licensing: grants permission to another party to use technology or intellectual property in exchange for a fee for a specified period. Trademarks: protect the branding and marketing of renewable energy products and services. IP considerations in renewable energy project development include: Intellectual property Considerations?
  • 11. Policy Activation Impact of Renewable Energy In driving further adoption of renewable energy, there will be improvements in the levels of energy security, economic development, environmental sustainability, access to electricity, and energy affordability. Increased access to electricity in Nigeria, where around 60% of the population lacks access to grid electricity. Technologies Reduction of the country's carbon footprint by replacing fossil fuels with clean energy sources. Energy Access GHG Emmissions A diverse energy mix can help ensure energy security by reducing the country's reliance on a single source of energy. Prevents exposure to price volatility, supply disruptions, and geopolitical tensions. Energy Security
  • 12. Policy Activation Case Study Shimankar Community 234kWp Solar Hybrid Mini- Grid Project, Shendam LGA, Plateau State, Nigeria 1,972 Households 73 Commercial Users 5 Productive Users and 19 Public Users in the community to improve the socio-economic life The installed mini grid comprising a total of 234kw will adequately energize the community and provide reliable electricity to: Impact GVE Projects Limited Owner/Developer
  • 13. MEMPHIS DESIGN A brief history of a quirky design Renewable Energy Master Plan (REMP) the foundational policy for encouraging the adoption of RE in the Nigerian 2005 30:30:30 30GW from renewables, constituting 30% of the Nigerian energy mix by 2030 2021 Energy Transition Plan (ETP) - carbon neutrality by 2060 2022 It is expected that solar energy would constitute at least 6% of the Nigerian energy mix. 2030 Renewable Energy Outlook What's next? It is expected that solar energy would surpass natural gas utilization by 2035. 2035 Policy Timelines and Deliverables Deployment of decentralized renewable energy, and expansion of the transmission and distribution network. Adoption of carbon capture utilization and storage (CCUS) technology. Deployment of biofuels and shifting from diesel/petrol vehicles to hybrid and electric vehicles (EV). Substitution of traditional firewood, charcoal, and kerosene with Liquefied Petroleum Gas (LPG) until 2030. ETP Decarbonization Strategy
  • 15. Thank You For Your Time! Stay safe!