Financing national scale energy projects in developing countries - An economy-wide evaluation of Ghana's Bui Dam.

ABSTRACT: Large energy infrastructure can imply special financing arrangements between governments in developing economies and investors or lenders. These arrangements can lead to economy-wide and sector-specific impacts which need to be considered in the project economic evaluation. By considering the case of the Bui Dam in Ghana, we use a macroeconomic approach to determine how the economic performance of critical energy infrastructure manifests during the construction, financing and operation phases. The analysis uses an integrated modelling framework that combines a Computable General Equilibrium (CGE) model of Ghana with a water balance model of the Lower Volta River Basin. The results highlight the importance of including indirect and induced effects, in addition to the direct effects from pro

SUBMITTER: Nechifor V 

PROVIDER: S-EPMC9240999 | biostudies-literature | 2022 Jul

REPOSITORIES: biostudies-literature