The Nigerian power sector reform is necessitated by the chronic poor performance of the sector and has as its compass the 2005 Electric Power Sector Reform Act and the Roadmap for Power Sector Reform 2010. Implementing reform has resulted in significant progress that includes unbundling and...

This paper situates South Africa's new renewable energy sector within the context of the country's electricity system and in turn its unique political economy. I chart major developments in the country’s energy policy and governance since the end of apartheid and show how electricity policy is...

We study the interaction of climate policies and investments into fossil and renewable energy generation capacity if policies are set by democratically elected governments and can lead to stranded assets. We develop an overlapping generations model, where elections determine carbon taxation and...