Examining the Legal Compatibility and Regulation of Distributed Ledger Technology in Facilitating Decentralized Energy in Nigeria

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dc.contributor.advisorClements, Ryan
dc.contributor.authorOlugbemi, Akinbobola Olukayode
dc.contributor.committeememberVan de Biezenbos, Kristen
dc.contributor.committeememberChristian, Gideon
dc.date2023-02
dc.date.accessioned2022-12-13T21:36:12Z
dc.date.available2022-12-13T21:36:12Z
dc.date.issued2022-12-08
dc.description.abstractNigeria has a huge electricity access deficit that has plagued the country for long time. This deficit has been estimated to cut out about 43.5% of Nigerians from access to electricity. To solve this challenge, the government has tried out different solutions, albeit with the same results. The Nigerian electricity industry was privatized in 2005 after the Electric Power Sector Reform Act was passed, yet, the electricity grid and components, regulation remained centralized, with recurring electricity grid collapses, corruption issues, poor data retention and poorly planned and executed government policies towards solving the issues. With the privatization and continuing grid collapses, this thesis proposes the decentralization of the electricity industry in Nigeria. More importantly, this thesis proposes that for easy monitoring, and elimination of human manipulation (through the issues of corruption, non-payment for electricity services and the outright “forgetting” of obligations by parties), distributed ledger technology or blockchain should be integrated to the distributed generation process. The integration of blockchain into the process will provide for peer-to-peer electricity trading system, data storage, retention and distribution, renewable energy certificate verification, improve payment integration and allow real-time monitoring of electricity generated, distributed, used while allowing for accurate projections on energy use. This thesis considers the legal implications and impediments for this integration.en_US
dc.identifier.citationOlugbemi, A. O. (2022). Examining the legal compatibility and regulation of distributed ledger technology in facilitating decentralized energy in Nigeria (Master's thesis, University of Calgary, Calgary, Canada). Retrieved from https://prism.ucalgary.ca.en_US
dc.identifier.urihttp://hdl.handle.net/1880/115589
dc.identifier.urihttps://dx.doi.org/10.11575/PRISM/40529
dc.language.isoengen_US
dc.publisher.facultyLawen_US
dc.publisher.institutionUniversity of Calgaryen
dc.rightsUniversity of Calgary graduate students retain copyright ownership and moral rights for their thesis. You may use this material in any way that is permitted by the Copyright Act or through licensing that has been assigned to the document. For uses that are not allowable under copyright legislation or licensing, you are required to seek permission.en_US
dc.subjectElectricityen_US
dc.subjectBlockchainen_US
dc.subjectLegal Regulationen_US
dc.subjectNigeriaen_US
dc.subject.classificationEducation--Technologyen_US
dc.subject.classificationLawen_US
dc.subject.classificationEnergyen_US
dc.titleExamining the Legal Compatibility and Regulation of Distributed Ledger Technology in Facilitating Decentralized Energy in Nigeriaen_US
dc.typemaster thesisen_US
thesis.degree.disciplineLawen_US
thesis.degree.grantorUniversity of Calgaryen_US
thesis.degree.nameMaster of Laws (LLM)en_US
ucalgary.item.requestcopytrueen_US
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