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Renewable energy (RE) is noted for its socio-economic benefits as a sustainable source of energy particularly for small island developing states. However, for a country such as Trinidad and Tobago that is relatively rich in fossil fuels, this truism is severely tested. At current costs, RE...
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Trinidad and Tobago is a small, energy-based, developing economy of the Caribbean. Using the most recent available data (2007) the energy sector in this country accounts for approximately 87 percent of exports, 48 percent of government revenue and 43 percent of gross domestic product....
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Energy revenues represent roughly 45 percent of Trinidad and Tobago's GDP and are highly volatile since they are correlated with the price of oil and gas. Hence, sharp changes in energy prices, whether temporary or sustained, can have important consequences for economic growth and overall...
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Nigeria is richly endowed with energy resources, and the Government has been making large profits from their export. However, windfall revenues have also been affecting the Government’s responsiveness and accountability towards the people and they have brought it into collusive relationship...
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The forecasting of energy consumption is essential for any country to study the future energy demand and to introduce the necessary government policies. This paper presents the formulation of forecasting models based on the Artificial Neural Network (ANN) for the consumption of conventional...
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