Addressing environmental justice in clean energy policy: Comparative case studies from the United States and Nigeria DOI Creative Commons

Portia Oduro,

Peter Simpa,

Darlington Eze Ekechukwu

et al.

Global Journal of Engineering and Technology Advances, Journal Year: 2024, Volume and Issue: 19(2), P. 169 - 184

Published: May 29, 2024

This paper explores the intersection of environmental justice and clean energy policy through a comparative analysis case studies from United States Nigeria. Environmental justice, defined as fair treatment meaningful involvement all people in decisions, is increasingly recognized critical aspect transitioning to systems. By examining policies initiatives both countries, this study aims identify successes, challenges, lessons learned addressing considerations. In States, focuses on federal state-level policies, assessing their impact marginalized communities efforts promote equity access resources. Similarly, Nigeria, attention given government-led implications for particularly rural underserved areas. Through lens, highlight’s common themes divergent approaches between two countries. It identifies opportunities cross-country collaboration knowledge sharing advance equitable sustainable transitions globally. The findings underscore importance integrating principles into development implementation, with recommendations provided policymakers stakeholders inclusivity, fairness, community engagement shaping future energy.

Language: Английский

Nanotechnology's potential in advancing renewable energy solutions DOI Creative Commons

Peter Simpa,

Nko Okina Solomon,

Olubunmi Adeolu Adenekan

et al.

Engineering Science & Technology Journal, Journal Year: 2024, Volume and Issue: 5(5), P. 1695 - 1710

Published: May 13, 2024

Nanotechnology has emerged as a promising frontier in the quest for sustainable energy solutions, offering transformative opportunities to address pressing challenges renewable generation, storage, and conversion. This review explores potential of nanotechnology advancing encompassing wide range applications spanning solar energy, wind fuel cells. By leveraging unique properties nanomaterials, such high surface area-to-volume ratio, tunable optical electronic properties, enhanced catalytic activity, researchers engineers can develop innovative materials devices with unprecedented performance efficiency. Nanotechnology-enabled advancements photovoltaics include development next-generation cells incorporating nanostructured materials, quantum dots, nanowires, perovskite-based cells, enhance light absorption, charge transport, overall power conversion In realm nanomaterials hold promise improving longevity batteries, supercapacitors, other storage through electrode electrolytes, architectures. Furthermore, nanotechnology-driven innovations lightweight durable nanocomposite turbine blades, cell technologies, including catalyst nanoparticles efficient hydrogen production conversion, exemplify diverse energy. Through comprehensive analysis recent research efforts, this abstract underscores critical role accelerating transition future. Keywords: Nanotechnology, Renewable Energy, Solar Wind Energy Storage, Nanomaterials.

Language: Английский

Citations

22

Marketing, communication, banking, and Fintech: personalization in Fintech marketing, enhancing customer communication for financial inclusion DOI Creative Commons

Lucky Bamidele Benjamin,

Prisca Amajuoyi,

Kudirat Bukola Adeusi

et al.

International Journal of Management & Entrepreneurship Research, Journal Year: 2024, Volume and Issue: 6(5), P. 1687 - 1701

Published: May 21, 2024

This paper explores the intersection of marketing, communication, banking, and fintech, with a focus on personalization in fintech marketing enhancing customer communication for financial inclusion. Financial technology (fintech) has revolutionized way services are delivered, offering innovative solutions that cater to diverse needs. One key aspect this transformation is emphasis personalized strategies, which enable companies engage customers more individualized level, driving satisfaction loyalty. Personalization involves tailoring products, services, communications meet specific needs preferences customers. approach not only enhances experience but also increases likelihood retention acquisition. Fintech leverage data advanced analytics segment their audience deliver targeted messages offers, effectively addressing pain points engagement. Moreover, effective essential promoting inclusion, particularly among underserved populations. can use various channels, such as mobile apps, social media, chatbots, reach who may have limited access traditional banking services. By delivering relevant timely information, empower make informed decisions improve overall well-being. The discusses role partnerships collaborating banks, existing infrastructure networks communities. These offer products broader audience, contributing greater inclusion economic empowerment. In conclusion, drivers adopting these better customers, tailor offerings needs, ultimately, contribute inclusive system. Keywords: Marketing, Customer Communication, Inclusion, Personalization, Banking.

Language: Английский

Citations

22

Blockchain-driven communication in banking: Enhancing transparency and trust with distributed ledger technology DOI Creative Commons

Ezekiel Onyekachukwu Udeh,

Prisca Amajuoyi,

Kudirat Bukola Adeusi

et al.

Finance & Accounting Research Journal, Journal Year: 2024, Volume and Issue: 6(6), P. 851 - 867

Published: June 6, 2024

Blockchain technology has revolutionized the way information is stored, shared, and managed in various industries, including banking. This review explores impact of blockchain-driven communication on enhancing transparency trust banking through use distributed ledger (DLT). technology, as a decentralized immutable ledger, offers secure transparent to record transactions exchange information. In banking, potential streamline processes, reduce costs, enhance security. By leveraging DLT, banks can create network that allows for real-time data sharing. One key benefits enhanced transparency. The DLT ensures all are recorded verified manner, reducing risk fraud error. also helps build among customers stakeholders, they verify authenticity Another important aspect enhancement trust. using tamper-proof auditable transactions, which establish between parties. particularly an industry where paramount, it more efficient transactions. conclusion, revolutionize shared managed. trust, costs. As blockchain continues evolve, its likely grow, leading efficient, secure, system. Keywords: Blockchain- Driven, Communication, Banking, Transparency, Ledger Technology.

Language: Английский

Citations

22

The future of Cybersecurity in renewable energy systems: A review, identifying challenges and proposing strategic solutions DOI Creative Commons

Darlington Eze Ekechukwu,

Peter Simpa

Computer Science & IT Research Journal, Journal Year: 2024, Volume and Issue: 5(6), P. 1265 - 1299

Published: June 7, 2024

This study provides a comprehensive examination of cybersecurity within renewable energy systems, highlighting the critical role measures in ensuring sustainability and reliability these systems. With increasing reliance on sources, need for robust frameworks to protect against evolving cyber threats has never been more pressing. Through systematic literature review content analysis, this research identifies prevalent vulnerabilities specific infrastructures, evaluates effectiveness current measures, explores cutting-edge technologies practices field. The methodology encompasses detailed analysis peer-reviewed academic journals, conference proceedings, industry reports, white papers published from 2010 2024. approach facilitates identification gaps proposal strategic solutions address challenges. Key insights reveal significance adopting advanced technologies, such as artificial intelligence machine learning algorithms, enhance threat detection mitigation efforts. concludes with recommendations practitioners policymakers, emphasizing importance proactive posture, collaboration information sharing, investment training, development standards regulations sector. Future directions are suggested further explore innovative assess their implications underscores necessity integrating safeguard future sustainable energy. Keywords: Cybersecurity, Renewable Energy, Cyber Threats, Vulnerabilities, Advanced Cybersecurity Technologies.

Language: Английский

Citations

22

Effective credit risk mitigation strategies: Solutions for reducing exposure in financial institutions DOI Creative Commons

Anwulika Ogechukwu Scott,

Prisca Amajuoyi,

Kudirat Bukola Adeusi

et al.

Magna Scientia Advanced Research and Reviews, Journal Year: 2024, Volume and Issue: 12(1), P. 198 - 211

Published: May 29, 2024

Credit risk remains a critical concern for financial institutions, especially in the context of economic uncertainties and volatile market conditions. This paper examines importance credit mitigation strategies presents solutions reducing exposure institutions. The research focuses on various employed by banks other institutions to manage effectively. begins with an overview its significance banking industry. It discusses types faced including default risk, concentration systemic risk. then highlights impact these risks institutions' balance sheets profitability. Next, explores different used These include diversification portfolios, collateralization loans, derivatives, insurance. advantages disadvantages each strategy provides examples how have been implemented successfully Furthermore, role regulatory authorities overseeing management practices framework compliance requirements mitigating Finally, concludes discussion future emphasizes need continuous innovation adaptation new conditions requirements. also stresses integrating into overall frameworks ensure comprehensive effective approach managing Overall, this valuable insights offers practical serves as useful resource professionals, regulators, policymakers seeking enhance their understanding

Language: Английский

Citations

21

A comprehensive review of renewable energy integration for climate resilience DOI Creative Commons

Darlington Eze Ekechukwu,

Peter Simpa

Engineering Science & Technology Journal, Journal Year: 2024, Volume and Issue: 5(6), P. 1884 - 1908

Published: June 6, 2024

The integration of renewable energy sources into existing systems is imperative for enhancing climate resilience and mitigating the adverse impacts change. This comprehensive review explores multifaceted aspects resilience, focusing on key challenges, strategies, opportunities. By analyzing latest research findings case studies, this offers insights diverse approaches to their implications at local, regional, global scales. begins by examining significance as a crucial component strategies. It delves interconnectedness between deployment adaptation, highlighting potential enhance security, reduce greenhouse gas emissions, build community climate-related hazards. Subsequently, challenges associated with integration, including intermittency, grid stability, socioeconomic considerations. discusses innovative solutions technological advancements aimed overcoming these such storage technologies, smart systems, demand-side management Moreover, investigates role policy frameworks, regulatory mechanisms, financial incentives in facilitating resilience. assesses effectiveness various instruments governance structures promoting fostering climate-resilient systems. Furthermore, highlights importance stakeholder engagement, involvement, capacity-building initiatives ensuring successful implementation projects. emphasizes need inclusive participatory planning decision-making, particularly vulnerable marginalized communities. Overall, provides valuable complex dynamics synthesizing knowledge identifying emerging trends, it informs policymakers, practitioners, researchers about opportunities leveraging strategy building rapidly changing world. Keywords: Renewable Energy, Integration, Climate, Resilience, Policy.

Language: Английский

Citations

21

Circular Economy Principles and Their Integration into Global Supply Chain Strategies DOI Creative Commons

Nko Okina Solomon,

Peter Simpa,

Olubunmi Adeolu Adenekan

et al.

Finance & Accounting Research Journal, Journal Year: 2024, Volume and Issue: 6(5), P. 747 - 762

Published: May 12, 2024

The concept of circular economy has gained significant traction in recent years as a holistic approach to sustainable development and resource management. This review explores the principles their integration into global supply chain strategies. transition from linear 'take-make-dispose' model focused on recovery, reuse, regeneration is driving paradigm shift how businesses operate manage chains. Key economy, including designing out waste pollution, keeping products materials use, regenerating natural systems, are examined context Strategies for implementing across various stages chain, product design manufacturing distribution, consumption, end-of-life management, discussed. highlights benefits adopting strategies, reduced reduction, cost savings, enhanced resilience external shocks. Case studies examples diverse industries illustrate successful implementation demonstrating tangible environmental, social, economic benefits. Challenges barriers adoption chains also addressed, regulatory hurdles, technological limitations, cultural barriers. overcoming these challenges promoting mindset among stakeholders explored, emphasizing importance collaboration, innovation, cross-sector partnerships. strategies offers opportunities growth, resilience, value creation. By embracing circularity, can unlock new sources competitive advantage while contributing towards more regenerative economy. Keywords: Circular Economy, Supply Chain, Sustainability, Integration, Challenges, Opportunities.

Language: Английский

Citations

20

Innovative waste management approaches in LNG operations: A detailed review DOI Creative Commons

Peter Simpa,

Nko Okina Solomon,

Olubunmi Adeolu Adenekan

et al.

Engineering Science & Technology Journal, Journal Year: 2024, Volume and Issue: 5(5), P. 1711 - 1731

Published: May 13, 2024

As the liquefied natural gas (LNG) industry continues to expand globally, imperative address environmental concerns and enhance sustainability within LNG operations becomes paramount. This paper conducts a comprehensive detailed review of innovative waste management approaches sector. Traditional practices in operations, including disposal recycling, are examined, highlighting associated challenges. The focus then shifts approaches, encompassing recycling circular economy initiatives, advanced waste-to-energy technologies, adoption sustainable packaging solutions. Case studies examples illustrate successful implementations strategies various facilities, providing insights into operational benefits achieved. explores implications these emphasizing reduced carbon footprints, enhanced resource efficiency, cost-effectiveness. Additionally, delves barriers challenges hindering widespread adoption, technological, economic, regulatory considerations. examination aims contribute valuable for stakeholders, policymakers, researchers, fostering integration ever-evolving landscape operations. Keywords: Innovative, Waste, Management, Review.

Language: Английский

Citations

20

Trends, insights, and future prospects of renewable energy integration within the oil and gas sector operations DOI Creative Commons

Darlington Eze Ekechukwu,

Peter Simpa

World Journal of Advanced Engineering Technology and Sciences, Journal Year: 2024, Volume and Issue: 12(1), P. 152 - 167

Published: May 29, 2024

The integration of renewable energy within the operations oil and gas sector has emerged as a pivotal trend driven by environmental concerns, regulatory pressures, technological advancements. This review explores current trends, key insights, future prospects associated with adoption in sector. Trends indicate notable shift towards incorporating sources such solar, wind, hydrogen into traditional companies. transition is motivated need to reduce carbon emissions, enhance operational efficiency, diversify portfolios alignment sustainability goals. Companies are increasingly investing projects, leveraging their expertise infrastructure capitalize on emerging opportunities Insights gleaned from ongoing initiatives underscore multifaceted benefits integrating operations. By deploying technologies, companies can mitigate impacts, optimize resource utilization, security. Moreover, renewables offers potential cost savings through reduced reliance fossil fuels access government incentives aimed at promoting clean deployment. Looking ahead, appear promising yet challenging. Advancements coupled declining costs, expected accelerate rates drive widespread implementation across industry. However, challenges intermittency, grid integration, limitations pose significant hurdles that must be addressed innovation strategic planning. Furthermore, evolving landscape geopolitical dynamics may influence pace scope Policy frameworks deployment, pricing mechanisms, international agreements climate action likely shape trajectory industry coming years. represents transformative far-reaching implications for corporate strategies. embracing renewables, not only risks but also position themselves long-term competitiveness rapidly landscape.

Language: Английский

Citations

20

Environmental stewardship in the oil and gas sector: Current practices and future directions DOI Creative Commons

Peter Simpa,

Nko Okina Solomon,

Olubunmi Adeolu Adenekan

et al.

International Journal of Applied Research in Social Sciences, Journal Year: 2024, Volume and Issue: 6(5), P. 903 - 926

Published: May 12, 2024

This paper provides an overview of the current practices and future directions in environmental stewardship within oil gas industry, focusing on key areas concern strategies for improvement. The industry has made significant strides recent years, driven by a combination regulatory requirements, corporate initiatives, stakeholder pressure. One primary focus been reduction greenhouse emissions associated with extraction, refining, transportation processes. Companies have implemented technologies such as carbon capture storage to minimize their footprint, alongside investments renewable energy sources efficiency measures transition towards cleaner alternatives. Furthermore, placed increasing emphasis responsible management water resources, recognizing potential impacts extraction usage operations. Strategies recycling, reuse, wastewater treatment adopted mitigate pollution strain local ecosystems. Biodiversity conservation also emerged critical aspect sector, companies undertaking impact assessments collaborating organizations habitat disruption restore ecosystems affected Community engagement social responsibility are integral components stewardship, seeking address operations through employment opportunities, infrastructure development, programs benefiting communities. However, continues face challenges limitations its efforts impact. Accidental spills, leaks, other incidents pose ecological risks, highlighting importance stringent safety regulations emergency response protocols. Moreover, presents traditional companies, requiring substantial capital investment strategic planning. To these advance several proposed. These include accelerating energy, enhancing transparency accountability reporting performance, strengthening enforcement, investing research development innovative technologies, fostering collaboration among stakeholders, governments, NGOs, Keywords: Stewardship, Oil, Gas, Sustainability, Climate, Mitigation

Language: Английский

Citations

18