SOAS University of London

School of Finance and Management

Fadekunayo Adeniyi

BEng Hons (Plymouth) MSc (Dunelm)
  • Teaching
  • Research


Fadekunayo Adeniyi
Fadekunayo Adeniyi
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Thesis title:
Overcoming the Constraints to On-Grid Renewable Energy Investments in Nigeria
Year of Study:
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Fadekunayo Adeniyi is a Ph.D. candidate at the School of Oriental and African Studies (SOAS) in London. His research focuses on the barriers to utility-scale clean energy investments in Nigeria, with a special emphasis on the role of politics. Prior to his doctoral research, he was involved in several utility-scale clean energy projects in Africa as a project developer and later as part of a lender’s team. In his most recent role, he worked in the climate finance division at the African Development Bank (AfDB), where he helped mobilise climate finance for clean energy projects in Africa. Fadekunayo is a Mandela Washington Fellow and is passionate about politics and affordable energy as tools to bring prosperity to the poorest people in Nigeria.

He was selected for the 2016 Future Energy Leader Award at the West African Power Industry Convention (WAPIC) for his work in renewable energy projects development. He has a background in electrical engineering and electricity markets.

PhD Research

Whilst energy consumption and production must surge to increase economic growth in Nigeria, there are concerns tied to environmental sustainability and climate change. Environmental sustainability, inadequate energy supply, and falling prices of renewable energy (RE) technologies has given new interest in low-carbon transition on the grid in Nigeria. However, despite a series of industrial policies spanning over a decade to promote RE technologies on the grid in Nigeria, there is yet to be any deployment of RE plants on the grid.

The existing literature points to good governance and investment climate as the explanation and solution to this problem while they also recognise the importance of political actors in solving the problem. However, there is insufficient literature on the causal dynamics – that link the investment climate for firms; the governance in the bureaucracy; and the formal and informal political actors – which currently produce bad performance in the RE sector and the wider electricity sector. This research addresses the issue by combining political economy and industrial economic frameworks with special attention to the politics of industrial policy in the Nigerian energy sector.

This research seeks to understand the political and economic conditions that must emerge before industrial policy in the RE sector can be successful. The identification of socio-technical barriers to clean energy on the grid will provide insights that will help shape future policies in the sector. This research also puts forward a way in which performance in electricity sector and other sectors in Nigeria can be explained and improved. Finally, the socio-technical analysis of the current electricity sector’s performance will contribute to development and simulation of future energy scenarios on the grid in Nigeria. 


  • Centre for Development, Environment and Policy (CeDEP)



  • Energy modelling
  • Low-Carbon transitions
  • Political economy
  • Utility-scale renewable energy projects
  • Nigerian energy sector
  • Industrial organisation