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Rationalising Renewables

Kuusik, Kairit LU (2020) STVK12 20201
Department of Political Science
Abstract (Swedish)
Renewable energy pursuit and implementation are undoubtedly one of the most important steps in sustainable development across the globe. So far there are several developed high-income countries in the world, that have replaced their fossil fuel-powered electricity systems for renewable energy technologies, however, most of the world still relies on non-renewable energy sources. This research will study the motivations behind Zambia’s pursuit of renewable energy from the rational choice theory framework. The theory is used to help analyse whether the choices that Zambia has made and energy policies they have set up, meet the assumption of maximising expected payoff during conditions of uncertainty. The analysis explores several indicators... (More)
Renewable energy pursuit and implementation are undoubtedly one of the most important steps in sustainable development across the globe. So far there are several developed high-income countries in the world, that have replaced their fossil fuel-powered electricity systems for renewable energy technologies, however, most of the world still relies on non-renewable energy sources. This research will study the motivations behind Zambia’s pursuit of renewable energy from the rational choice theory framework. The theory is used to help analyse whether the choices that Zambia has made and energy policies they have set up, meet the assumption of maximising expected payoff during conditions of uncertainty. The analysis explores several indicators related to pursuing renewable energy and its payoffs. The findings suggest that, based on relevant data and previously implemented research, Zambia’s decisions regarding energy policies fulfil the basic notions of the rational choice theory. It could be suggested that Zambia will benefit from renewable energy pursuit, as it will help them increase electricity access and especially bring electricity access to rural areas, distant from the main grid, additionally it is expected to boost economic growth and support poverty alleviation. (Less)
Please use this url to cite or link to this publication:
author
Kuusik, Kairit LU
supervisor
organization
course
STVK12 20201
year
type
M2 - Bachelor Degree
subject
keywords
renewable energy, sustainable development, Sub-Saharan Africa, Zambia, rational choice theory
language
English
id
9011436
date added to LUP
2020-08-05 11:20:00
date last changed
2020-08-05 11:20:00
@misc{9011436,
  abstract     = {{Renewable energy pursuit and implementation are undoubtedly one of the most important steps in sustainable development across the globe. So far there are several developed high-income countries in the world, that have replaced their fossil fuel-powered electricity systems for renewable energy technologies, however, most of the world still relies on non-renewable energy sources. This research will study the motivations behind Zambia’s pursuit of renewable energy from the rational choice theory framework. The theory is used to help analyse whether the choices that Zambia has made and energy policies they have set up, meet the assumption of maximising expected payoff during conditions of uncertainty. The analysis explores several indicators related to pursuing renewable energy and its payoffs. The findings suggest that, based on relevant data and previously implemented research, Zambia’s decisions regarding energy policies fulfil the basic notions of the rational choice theory. It could be suggested that Zambia will benefit from renewable energy pursuit, as it will help them increase electricity access and especially bring electricity access to rural areas, distant from the main grid, additionally it is expected to boost economic growth and support poverty alleviation.}},
  author       = {{Kuusik, Kairit}},
  language     = {{eng}},
  note         = {{Student Paper}},
  title        = {{Rationalising Renewables}},
  year         = {{2020}},
}