Osabouhien, who is also a Post doctoral Research Fellow at Institute for Energy Research (IEPRe), Kajang, Selangor, Malaysia, stressed that curbing energy waste was a vital step toward improving the country’s energy efficiency.
“The focus of the book is to examine how critical times such as pandemics and wars disrupt energy supply chains and what can be done to mitigate these challenges,” he said.
“We need political will to make progress. There is no justification for energy insufficiency in a country such as ours, which is blessed with diverse energy options such as solar, biomass and hydro,” he said.
Osabuohien emphasised that government investment did not necessarily have to be excessive, noting that creating a conducive environment for investors would attract private capital into the energy sector.
The don cited similar developments and the transformation witnessed in Nigeria’s telecommunications industry.
He said: “If the right environment is created, today’s challenges will become tomorrow’s testimony.”
While reviewing the book, Prof. Evans Osabuohien, a Professor of Economics at Covenant University, also described Dr. Romanus Osabuohien, as focused, committed and willing to learn.
These qualities, he said, are reflected in the depth and relevance of the publication.
Prof. Osabuohien said that the book provided a holistic perspective on energy policy analysis and development from a global context, covering economic, security, and technological aspects.
He explained that various sections focused on economic policy for energy systems, the impacts of policy for technological system advancement, including vehicle electrification and renewable energy integration.
Prof. Osabuohien said that the book demonstrated techniques for analysis of major events, including the huge ramifications of the COVID-19 pandemic and Russia’s 2022 invasion of Ukraine.
The professor added that the book also focused on energy trading across borders.
He highlighted cutting-edge analyses of recent crises and close assessment of needs specific to lower-income countries.
The professor of economics noted that the book provided researchers, policymakers, and students with an essential guide to energy policy for a secure and sustainable future. (NAN)(www.nannews.ng)
IGE/COF
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Edited by Christiana Fadare
