Greenation International Journal of Engineering Science
Vol. 4 No. 1 (2026): (GIJES) Greenation International Journal of Engineering Science (March - May 20

Evaluation of the Long-Term Economic Implications of Deploying Renewable Energy Versus Traditional Energy Sources in a Nigerian University

Okeagu, Fredrick Nnaemeka (Unknown)
Chisom Precious Nwajiaku (Unknown)
Franklin Chinemerem Ezedinachi (Unknown)
Ugochukwu Divine Muoghalu (Unknown)



Article Info

Publish Date
17 Mar 2026

Abstract

This study evaluates the cost-benefit of installing a solar power system in the Department of Industrial and Production Engineering, Nnamdi Azikiwe University, Awka, Nigeria. With frequent power outages and the high cost of fuel-based generators, the department faces increasing energy-related expenses and operational challenges. The research garnered data of the current power sources in the department (Grid electricity and generator), and the possible cost of solar power installation. The cost evaluation was done using the Net Present Value (NPV) and Future Value formulars, for a projected period of 25-years. A comparative analysis of the three options was done, results show that the solar system, with a total cost of ₦29.33 million, is far more sustainable compared to grid electricity (₦102.19 million) and generators (₦240.98 million). The analysis confirms that solar power provides significant long-term financial savings, greater reliability, and environmental benefits. It is therefore recommended as the optimal energy solution for the department, serving both academic and practical sustainability goals

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Journal Info

Abbrev

GIJES

Publisher

Subject

Aerospace Engineering Automotive Engineering Civil Engineering, Building, Construction & Architecture Electrical & Electronics Engineering Mechanical Engineering

Description

Greenation International Journal of Engineering Science (GIJES) is a peer-reviewed journal managed and published by Greenation Research & Yayasan Global Resarch National. GIJES is published four times a year, in March, June, September, and December. GIJES provides a platform for academics, ...