Assessment of risks associated with renewable energy investment in Ghana: A case study of Volta River Authority
| dc.contributor.author | Ewusie, Theophilus Kojo | |
| dc.contributor.author | ||
| dc.date.accessioned | 2021-06-18T11:14:56Z | |
| dc.date.accessioned | 2023-04-19T03:36:31Z | |
| dc.date.available | 2021-06-18T11:14:56Z | |
| dc.date.available | 2023-04-19T03:36:31Z | |
| dc.date.issued | 2021-06-18 | |
| dc.description | A thesis submitted to the Department of Construction Technology and Management, Kwame Nkrumah University of Science and Technology, in partial fulfillment of the requirements for the Award of a Degree of Master of Science in Project Management | en_US |
| dc.description.abstract | This study assessed the risk associated with renewable energy investment at Volta River Authority, a semi-structured interview and questionnaire were used to access data from Management and staff of the Volta River Authority (VRA). The study reveals that the company recognizes various risks associated with renewable energy investment, risk identification is very crucial to plan appropriate intervention directed at fostering flow of capital into the RE sector. The researcher gathered that most of the respondents agreed on the impact of risks in the renewable investments in order to achieve corporate objectives. The responses gathered further reveals that most of the respondents identify the various barriers to deployment and mitigation for risks associated with Renewable Energy Investment (REI). It was recommended that Volta River Authority should explore the development of strategic alliance with complimentary players in the value chain component suppliers, utilities and financial institutions to create risk resilient consortium then hedging the significant risks associated to the disconnected across the value chain steps. The company should also explore the use of bank guarantees and/or insurances to secure engineering, procurement construction (EPC) and components suppliers to honor their contractual quality and services obligations. Competence of staff is a necessity to increase efficiencies in processes resulting in performance of renewable energy projects. It was further recommended that a systematic approach to risk management that uses a meaningful risk break down structure (RBS) and risk management plan. These aid better risk identification and minimization. | en_US |
| dc.description.sponsorship | KNUST | en_US |
| dc.identifier.uri | https://ir.knust.edu.gh/handle/123456789/14019 | |
| dc.language.iso | en_US | en_US |
| dc.subject | Renewable | en_US |
| dc.subject | Energy | en_US |
| dc.subject | Investment | en_US |
| dc.subject | Ghana | en_US |
| dc.subject | Volta River Authority | en_US |
| dc.title | Assessment of risks associated with renewable energy investment in Ghana: A case study of Volta River Authority | en_US |
| dc.type | Thesis | en_US |
Files
Original bundle
1 - 1 of 1
Loading...
- Name:
- Theophilus Kojo Ewusie_masters.pdf
- Size:
- 1.15 MB
- Format:
- Adobe Portable Document Format
- Description:
- Full Thesis