Changing Roles of Industry, Government and Research,30th USAEE/IAEE North American Conference,Oct 9-12, 2011, Oct 9, 2011
Energy efficiency interventions could lead to significant energy and operational costs through th... more Energy efficiency interventions could lead to significant energy and operational costs through the replacement of old technology and appliances. Nigerian homes require a lot of energy to take care of this and operation of electrical appliances. Power generation and distribution is however a major constraint to this; hence they resort to other sources of energy which at times may not be environmentally and economically sustainable. This situation is not helped by poor energy efficiency practice in the country which places much pressure on the already inadequate power infrastructure available in the country. In the context of this paper, energy efficiency is the use of energy in a manner that will minimize the quantum of energy required for the provision of services. By implication, it is all about using less energy to achieve same or better result. This paper is aimed at investigating the level of compliance to electricity energy efficiency practice (end-use efficiency) by households in Lagos Metropolis. The study is based on a survey (use of structured questionnaire) of 500 households selected from three (4) local government areas in Lagos out of which 402 were retrieved, but only 355 were found useful for analysis . The paper looks at the technology and behavioral approach to energy efficiency. The technology approach deals with the type of appliances used by households and their compliance to energy efficiency while, the behavioral approach is an enquiry into households’ attitudes and energy practice as they affect efficiency. The paper also investigates the factors that influence households’ energy efficiency practice. The result from the data analysis showed that households have poor attitude towards energy efficiency practices both behaviorally and technologically. The paper concludes that energy efficiency is not practiced in majority of households while government’s policies seem not to recognize it’s important in the economic and environmental sustainability of the power sector. The paper recommends that an appropriate energy policy that will encourage energy efficiency awareness should be formulated in order to lead the country to economic development
Abstract In this study, I examine the market potential for various sustainable features by reside... more Abstract In this study, I examine the market potential for various sustainable features by residents in Lagos prime residential submarket in the context of their willingness to pay (stated and reve...
African Journal of Business and Economic Research, 2010
Abstract: The aim of this paper is to examine the use of averting behavior and willingness to pay... more Abstract: The aim of this paper is to examine the use of averting behavior and willingness to pay as a tool for infrastructure planning and management through the following objectives: To determine the alternative sources of energy used by households in the absence of regular and ...
International Journal of Housing Markets and Analysis, Oct 2, 2009
Design/methodology/approach A total of 80 questionnaires each were distributed and retrieved fr... more Design/methodology/approach A total of 80 questionnaires each were distributed and retrieved from households in Festival of Arts and Culture (FESTAC) town and Badia, Lagos, Nigeria. The questionnaire design was based on a combination of an extensive review of literature ...
Journal of Financial Management of Property and Construction, Aug 2, 2011
PurposeThe purpose of this paper is to focus on households' willingness to pay for electr... more PurposeThe purpose of this paper is to focus on households' willingness to pay for electricity consumption and mitigation expenditure due to poor electricity infrastructure as a measure of demand and tariff setting.Design/methodology/approachIn this paper, the demand side management (DSM) approach was adopted in establishing user demand for electricity in the study area.FindingsBased on the high cost (averting expenditure) of providing alternative power supply, households are willing to pay extra for more reliable and regular power supply.Practical implicationsThe study is a deviation from the usual command or supply side management approach to infrastructure provision and management.Originality/valueThere is limited research on DSM approach to electricity infrastructure provision in Nigeria. The study will enhance the chances of cost recovery under private‐public partnership arrangement. The paper identifies that a reliable and reasonable priced electricity supply is essential for a developing country.
... by two professional valuers that produced a difference of S120 million or 16.6 percent, and t... more ... by two professional valuers that produced a difference of S120 million or 16.6 percent, and the commissioning of Professor Neville Normans ... Adegoke, OJ, Aluko, BT (2007), "Heuristic behaviour in valuation practice in Lagos Metropolis", The Estate Surveyor and Valuer, Vol. ...
The Nigeria property market has evolved and showcases a variety of developments ranging from prim... more The Nigeria property market has evolved and showcases a variety of developments ranging from prime residential apartments, offices, retails, shops, hotels etc. Despite the progress made, the Nigeria property market is highly under reported. This study aims at reviewing the Nigeria property market in the context of current challenges, stakeholder perception, market trends, infrastructure condition, professionalism, availability of market information, transparency, ease of title registration, and level of green compliancy. This will be achieved with the aid of structured questionnaires, face-to-face interview and official records. Analysis will be carried out with both inferential and descriptive statistics. Findings will be made with respect to existing market conditions and the level of market maturity attained.
Changing Roles of Industry, Government and Research,30th USAEE/IAEE North American Conference,Oct 9-12, 2011, Oct 9, 2011
Energy efficiency interventions could lead to significant energy and operational costs through th... more Energy efficiency interventions could lead to significant energy and operational costs through the replacement of old technology and appliances. Nigerian homes require a lot of energy to take care of this and operation of electrical appliances. Power generation and distribution is however a major constraint to this; hence they resort to other sources of energy which at times may not be environmentally and economically sustainable. This situation is not helped by poor energy efficiency practice in the country which places much pressure on the already inadequate power infrastructure available in the country. In the context of this paper, energy efficiency is the use of energy in a manner that will minimize the quantum of energy required for the provision of services. By implication, it is all about using less energy to achieve same or better result. This paper is aimed at investigating the level of compliance to electricity energy efficiency practice (end-use efficiency) by households in Lagos Metropolis. The study is based on a survey (use of structured questionnaire) of 500 households selected from three (4) local government areas in Lagos out of which 402 were retrieved, but only 355 were found useful for analysis . The paper looks at the technology and behavioral approach to energy efficiency. The technology approach deals with the type of appliances used by households and their compliance to energy efficiency while, the behavioral approach is an enquiry into households’ attitudes and energy practice as they affect efficiency. The paper also investigates the factors that influence households’ energy efficiency practice. The result from the data analysis showed that households have poor attitude towards energy efficiency practices both behaviorally and technologically. The paper concludes that energy efficiency is not practiced in majority of households while government’s policies seem not to recognize it’s important in the economic and environmental sustainability of the power sector. The paper recommends that an appropriate energy policy that will encourage energy efficiency awareness should be formulated in order to lead the country to economic development
Abstract In this study, I examine the market potential for various sustainable features by reside... more Abstract In this study, I examine the market potential for various sustainable features by residents in Lagos prime residential submarket in the context of their willingness to pay (stated and reve...
African Journal of Business and Economic Research, 2010
Abstract: The aim of this paper is to examine the use of averting behavior and willingness to pay... more Abstract: The aim of this paper is to examine the use of averting behavior and willingness to pay as a tool for infrastructure planning and management through the following objectives: To determine the alternative sources of energy used by households in the absence of regular and ...
International Journal of Housing Markets and Analysis, Oct 2, 2009
Design/methodology/approach A total of 80 questionnaires each were distributed and retrieved fr... more Design/methodology/approach A total of 80 questionnaires each were distributed and retrieved from households in Festival of Arts and Culture (FESTAC) town and Badia, Lagos, Nigeria. The questionnaire design was based on a combination of an extensive review of literature ...
Journal of Financial Management of Property and Construction, Aug 2, 2011
PurposeThe purpose of this paper is to focus on households' willingness to pay for electr... more PurposeThe purpose of this paper is to focus on households' willingness to pay for electricity consumption and mitigation expenditure due to poor electricity infrastructure as a measure of demand and tariff setting.Design/methodology/approachIn this paper, the demand side management (DSM) approach was adopted in establishing user demand for electricity in the study area.FindingsBased on the high cost (averting expenditure) of providing alternative power supply, households are willing to pay extra for more reliable and regular power supply.Practical implicationsThe study is a deviation from the usual command or supply side management approach to infrastructure provision and management.Originality/valueThere is limited research on DSM approach to electricity infrastructure provision in Nigeria. The study will enhance the chances of cost recovery under private‐public partnership arrangement. The paper identifies that a reliable and reasonable priced electricity supply is essential for a developing country.
... by two professional valuers that produced a difference of S120 million or 16.6 percent, and t... more ... by two professional valuers that produced a difference of S120 million or 16.6 percent, and the commissioning of Professor Neville Normans ... Adegoke, OJ, Aluko, BT (2007), "Heuristic behaviour in valuation practice in Lagos Metropolis", The Estate Surveyor and Valuer, Vol. ...
The Nigeria property market has evolved and showcases a variety of developments ranging from prim... more The Nigeria property market has evolved and showcases a variety of developments ranging from prime residential apartments, offices, retails, shops, hotels etc. Despite the progress made, the Nigeria property market is highly under reported. This study aims at reviewing the Nigeria property market in the context of current challenges, stakeholder perception, market trends, infrastructure condition, professionalism, availability of market information, transparency, ease of title registration, and level of green compliancy. This will be achieved with the aid of structured questionnaires, face-to-face interview and official records. Analysis will be carried out with both inferential and descriptive statistics. Findings will be made with respect to existing market conditions and the level of market maturity attained.
Uploads
Papers by AUSTIN OTEGBULU