Building Resilient Renewable Infrastructure in an Era of Climate and Market Volatility

Authors

  • Mofeoluwa Oyekan Fuqua School of Business, Duke University, Durham, North Carolina, USA Author
  • Emmanuel Igba Department of Human Resource, Secretary to the Commission, National Broadcasting Commission Headquarters, Aso-Villa, Abuja, Nigeria Author
  • Shereef Olayinka Jinadu Author

Keywords:

Climate resilience, Renewable energy infrastructure, Risk management, Adaptive design, Policy frameworks, Energy sustainability

Abstract

The accelerating impacts of climate change and increasing market volatility pose significant challenges to the development and sustainability of renewable energy infrastructure. Building resilient systems requires not only technological innovation but also adaptive strategies that address environmental, economic, and policy uncertainties. This review examines the multidimensional approaches necessary for enhancing resilience in renewable infrastructure, including climate risk assessment, integration of energy storage and smart grid technologies, diversification of energy portfolios, and the role of policy frameworks in fostering stability. It also explores how market dynamics, such as fluctuating commodity prices, geopolitical risks, and evolving demand patterns, influence infrastructure investment and long-term viability. By analyzing case studies, best practices, and emerging trends, the paper highlights pathways for strengthening the adaptability and robustness of renewable systems. Ultimately, this review underscores the importance of resilience as a foundational principle in ensuring reliable, sustainable, and economically viable renewable energy infrastructure in an era marked by uncertainty and rapid transformation.

Downloads

Download data is not yet available.

References

Abiodun, K., Jinadu, S. O., Alaka, E., Igba, E., & Ezeh, V. N. (2024). Risk-Sensitive Financial Dashboards with Embedded Machine Learning: A User-Centric Approach to Operational Transparency. International Journal of Scientific Research and Modern Technology, 3(2), 1–18. https://doi.org/10.38124/ijsrmt.v3i2.678

Abiodun, K., Ogbuonyalu, U. O., Dzamefe, S., Vera, E. N., Oyinlola, A., & Igba, E. (2023). Exploring Cross-Border Digital Assets Flows and Central Bank Digital Currency Risks to Capital Markets Financial Stability. International Journal of Scientific Research and Modern Technology, 2(11), 32–45. https://doi.org/10.38124/ijsrmt.v2i11.447

Ajayi, A. A., Igba, E., Soyele, A. D., & Enyejo, J. O. (2024). Enhancing Digital Identity and Financial Security in Decentralized Finance (Defi) through Zero-Knowledge Proofs (ZKPs) and Blockchain Solutions for Regulatory Compliance and Privacy. OCT 2024 |IRE Journals | Volume 8 Issue 4 | ISSN: 2456-8880

Ajayi, A. A., Igba, E., Soyele, A. D., & Enyejo, J. O. (2024). Quantum Cryptography and Blockchain-Based Social Media Platforms as a Dual Approach to Securing Financial Transactions in CBDCs and Combating Misinformation in U.S. Elections. International Journal of Innovative Science and Research Technology. Volume 9, Issue 10, Oct.– 2024 ISSN No:-2456-2165 https://doi.org/10.38124/ijisrt/IJISRT24OCT1697.

Amebleh, J., & Igba, E. (2024). Causal Uplift for Rewards Aggregators: Doubly-Robust Heterogeneous Treatment-Effect Modeling with SQL/Python Pipelines and Real-Time Inference. International Journal of Scientific Research and Modern Technology, 3(5), 39–55. https://doi.org/10.38124/ijsrmt.v3i5.819

Andrews-Speed, P., & Zhang, S. (2019). Enhancing the resilience of China’s energy system. Energy Policy, 128, 244–251. https://doi.org/10.1016/j.enpol.2018.12.066

Arent, D. J., Wise, A., & Gelman, R. (2011). The status and prospects of renewable energy for combating global warming. Energy Economics, 33(4), 584–593. https://doi.org/10.1016/j.eneco.2010.11.003

Atalor, S. I. (2019). Federated Learning Architectures for Predicting Adverse Drug Events in Oncology Without Compromising Patient Privacy ICONIC RESEARCH AND ENGINEERING JOURNALS JUN 2019 | IRE Journals | Volume 2 Issue 12 | ISSN: 2456-8880

Atalor, S. I. (2022). Blockchain-Enabled Pharmacovigilance Infrastructure for National Cancer Registries. International Journal of Scientific Research and Modern Technology, 1(1), 50–64. https://doi.org/10.38124/ijsrmt.v1i1.493

Atalor, S. I. (2022). Data-Driven Cheminformatics Models for Predicting Bioactivity of Natural Compounds in Oncology. International Journal of Scientific Research and Modern Technology, 1(1), 65–76. https://doi.org/10.38124/ijsrmt.v1i1.496

Atalor, S. I. (2024). Building a geo-analytic public health dashboard for tracking cancer drug deserts in U.S. counties, International Medical Science Research Journal Volume 4, Issue 11, Fair East Publishers DOI: 10.51594/imsrj.v4i11.1932

Atalor, S. I., Ijiga, O. M., & Enyejo, J. O. (2023). Harnessing Quantum Molecular Simulation for Accelerated Cancer Drug Screening. International Journal of Scientific Research and Modern Technology, 2(1), 1–18. https://doi.org/10.38124/ijsrmt.v2i1.502

Atalor, S. I., Raphael, F. O. & Enyejo, J. O. (2023). Wearable Biosensor Integration for Remote Chemotherapy Monitoring in Decentralized Cancer Care Models. International Journal of Scientific Research in Science and Technology Volume 10, Issue 3 (www.ijsrst.com) doi : https://doi.org/10.32628/IJSRST23113269

AV Archova (2024) https://archovavisuals.com/how-to-design-for-climate-resilience-in-architecture/

Aven, T., & Renn, O. (2015). An integrated framework for risk governance. Risk Analysis, 35(1), 136–145. https://doi.org/10.1111/risa.12298

Azonuche, T. I., & Enyejo, J. O. (2024). Agile Transformation in Public Sector IT Projects Using Lean-Agile Change Management and Enterprise Architecture Alignment. International Journal of Scientific Research and Modern Technology, 3(8), 21–39. https://doi.org/10.38124/ijsrmt.v3i8.432

Azonuche, T. I., & Enyejo, J. O. (2024). Exploring AI-Powered Sprint Planning Optimization Using Machine Learning for Dynamic Backlog Prioritization and Risk Mitigation. International Journal of Scientific Research and Modern Technology, 3(8), 40–57. https://doi.org/10.38124/ijsrmt.v3i8.448.

Babatuyi, P. B., Imoh, P. O., Igwe, E. U., & Enyejo, J. O. (2024). The Role of Public Health Leadership in Strengthening Emergency Response Protocols and Addressing Infrastructure Gaps During Infectious Disease Outbreaks. International Journal of Scientific Research and Modern Technology, 3(10), 109–122. https://doi.org/10.38124/ijsrmt.v3i10.735

Bertsch, V., Geldermann, J., & Lühn, T. (2017). What drives the profitability of household PV investments, self-consumption and self-sufficiency? Applied Energy, 204, 1–15. https://doi.org/10.1016/j.apenergy.2017.06.055

Bhattacharyya, S. C. (2019). Energy access and energy security in developing countries: An overview. Renewable and Sustainable Energy Reviews, 104, 269–278. https://doi.org/10.1016/j.rser.2019.01.012

Bhave, A. G., Conway, D., Dessai, S., & Stainforth, D. A. (2016). Water resource planning under future climate and socio-economic uncertainty in the Cauvery River Basin in Karnataka, India. Water Resources Research, 52(5), 3792–3814. https://doi.org/10.1002/2015WR018205

Bloomfield, H. C., Brayshaw, D. J., & Charlton-Perez, A. J. (2020). Wind and solar energy resources in a changing climate. Renewable and Sustainable Energy Reviews, 134, 110306. https://doi.org/10.1016/j.rser.2020.110306

Boute, A. (2012). Promoting renewable energy through capacity markets: An analysis of the EU experience. Energy Policy, 40, 498–508. https://doi.org/10.1016/j.enpol.2011.10.031

Cheng, C., & Lien, D. (2019). Renewable energy investment and regulation: A cross-country empirical study. Energy Policy, 132, 1104–1112. https://doi.org/10.1016/j.enpol.2019.06.053

Cherdantseva, Y., Burnap, P., Blyth, A., Eden, P., Jones, K., Soulsby, H., & Stoddart, K. (2016). A review of cyber security risk assessment methods for SCADA systems. Computers & Security, 56, 1–27. https://doi.org/10.1016/j.cose.2015.09.009

Cherp, A., Vinichenko, V., Jewell, J., Suzuki, M., & Antal, M. (2017). Integrating techno-economic, socio-technical, and political perspectives on national energy transitions: A meta-theoretical framework. Energy Research & Social Science, 37, 175–190. https://doi.org/10.1016/j.erss.2017.09.015

Collins, S., Deane, J. P., Gallachóir, B. Ó., Pfenninger, S., & Staffell, I. (2018). Impacts of inter-annual wind and solar variations on the European power system. Joule, 2(10), 2076–2090. https://doi.org/10.1016/j.joule.2018.06.020

Engle, R. F., Giglio, S., Kelly, B., Lee, H., & Stroebel, J. (2020). Hedging climate change news. The Review of Financial Studies, 33(3), 1184–1216. https://doi.org/10.1093/rfs/hhz072

Enyejo, J. O., Adeyemi, A. F., Olola, T. M., Igba, E & Obani, O. Q. (2024). Resilience in supply chains: How technology is helping USA companies navigate disruptions. Magna Scientia Advanced Research and Reviews, 2024, 11(02), 261–277. https://doi.org/10.30574/msarr.2024.11.2.0129

Enyejo, J. O., Obani, O. Q, Afolabi, O. Igba, E. & Ibokette, A. I., (2024). Effect of Augmented Reality (AR) and Virtual Reality (VR) experiences on customer engagement and purchase behavior in retail stores. Magna Scientia Advanced Research and Reviews, 2024, 11(02), 132–150. https://magnascientiapub.com/journals/msarr/sites/default/files/MSARR-2024-0116.pdf

Gupta, E., & Hall, S. (2021). Resilient energy planning in disaster-prone regions: Insights from South Asia. Energy Research & Social Science, 77, 102094. https://doi.org/10.1016/j.erss.2021.102094

Hein, W., & Holstenkamp, L. (2018). Global governance and the interplay of coordination and contestation: The Case of Renewable Energies in the South. Global Governance: A Review of Multilateralism and International Organizations, 24(3), 431-449.

Henbest, S., & Giannakopoulou, E. (2015). Global trends in renewable energy investment. Nature Climate Change, 5(4), 287–289. https://doi.org/10.1038/nclimate2594

Idika, C. N., & Salami, E. O. (2024). Federated Learning Approaches for Privacy-Preserving Threat Detection in Smart Home IoT Environments International Journal of Scientific Research in Computer Science, Engineering and Information Technology Volume 10, Issue (1125 -1131) doi :https://doi.org/10.32628/CSEIT24113369

Idika, C. N., James, U. U., Ijiga, O. M., Okika, N. & Enyejo, L. A, (2024). Secure Routing Algorithms Integrating Zero Trust Edge Computing for Unmanned Aerial Vehicle Networks in Disaster Response Operations International Journal of Scientific Research and Modern Technology, (IJSRMT) Volume 3, Issue 6, https://doi.org/10.38124/ijsrmt.v3i6.635

Idika, C. N., James, U.U, Ijiga, O. M., Enyejo, L. A. (2023). Digital Twin-Enabled Vulnerability Assessment with Zero Trust Policy Enforcement in Smart Manufacturing Cyber-Physical System International Journal of Scientific Research in Computer Science, Engineering and Information Technology Volume 9, Issue 6 doi : https://doi.org/10.32628/IJSRCSEIT

Igba E., Ihimoyan, M. K., Awotinwo, B., & Apampa, A. K. (2024). Integrating BERT, GPT, Prophet Algorithm, and Finance Investment Strategies for Enhanced Predictive Modeling and Trend Analysis in Blockchain Technology. Int. J. Sci. Res. Comput. Sci. Eng. Inf. Technol., November-December-2024, 10 (6) : 1620-1645.https://doi.org/10.32628/CSEIT241061214

Imoh, P. O. (2023). Impact of Gut Microbiota Modulation on Autism Related Behavioral Outcomes via Metabolomic and Microbiome-Targeted Therapies International Journal of Scientific Research and Modern Technology (IJSRMT) Volume 2, Issue 8, 2023 DOI: https://doi.org/10.38124/ijsrmt.v2i8.494

Imoh, P. O., & Idoko, I. P. (2022). Gene-Environment Interactions and Epigenetic Regulation in Autism Etiology through Multi-Omics Integration and Computational Biology Approaches. International Journal of Scientific Research and Modern Technology, 1(8), 1–16. https://doi.org/10.38124/ijsrmt.v1i8.463

Imoh, P. O., Adeniyi, M., Ayoola, V. B., & Enyejo, J. O. (2024). Advancing Early Autism Diagnosis Using Multimodal Neuroimaging and Ai-Driven Biomarkers for Neurodevelopmental Trajectory Prediction. International Journal of Scientific Research and Modern Technology, 3(6), 40–56. https://doi.org/10.38124/ijsrmt.v3i6.413

James, U. U., Idika, C. N., & Enyejo, L. A. (2023). Zero Trust Architecture Leveraging AI-Driven Behavior Analytics for Industrial Control Systems in Energy Distribution Networks, International Journal of Scientific Research in Computer Science, Engineering and Information Technology Volume 9, Issue 4 doi : https://doi.org/10.32628/CSEIT23564522

James, U. U., Idika, C. N., Enyejo, L. A., Abiodun, K., & Enyejo, J. O. (2024). Adversarial Attack Detection Using Explainable AI and Generative Models in Real-Time Financial Fraud Monitoring Systems. International Journal of Scientific Research and Modern Technology, 3(12), 142–157. https://doi.org/10.38124/ijsrmt.v3i12.644

Jin, X., Mu, Y., Jia, H., Wu, J., & Jiang, C. (2019). Balancing wind power fluctuation with multiple energy storage technologies: A stochastic optimization approach. Applied Energy, 233–234, 291–302. https://doi.org/10.1016/j.apenergy.2018.10.059

Julie McCarthy (2018) https://www.npr.org/2018/10/07/655345679/survivors-recall-deadly-earthquake-and-tsunami-in-indonesia

Khalid, A., Khalil, M. S., Javaid, N., & Alnumay, W. (2021). Hybrid renewable energy systems for sustainable development: A review of control strategies and performance optimization. Renewable and Sustainable Energy Reviews, 135, 110111. https://doi.org/10.1016/j.rser.2020.110111

Kopytko, N., & Perkins, J. H. (2011). Climate change, nuclear power, and the adaptation–mitigation dilemma. Energy Policy, 39(1), 318–333. https://doi.org/10.1016/j.enpol.2010.09.046

Narive Solar (2024) https://nativesolar.com/decentralized-and-distributed-energy-sources-101/

Newbery, D., Pollitt, M., Ritz, R. A., & Strielkowski, W. (2018). Market design for a high-renewables European electricity system. Renewable and Sustainable Energy Reviews, 91, 695–707. https://doi.org/10.1016/j.rser.2018.04.025

Ogbuonyalu, U. O., Abiodun, K., Dzamefe, S., Vera, E. N., Oyinlola, A., & Igba. E. (2024). Assessing Artificial Intelligence Driven Algorithmic Trading Implications on Market Liquidity Risk and Financial Systemic Vulnerabilities. International Journal of Scientific Research and Modern Technology, 3(4), 18–21. https://doi.org/10.38124/ijsrmt.v3i4.433

Ononiwu, M., Azonuche, T. I., & Enyejo, J. O. (2023). Exploring Influencer Marketing Among Women Entrepreneurs using Encrypted CRM Analytics and Adaptive Progressive Web App Development. International Journal of Scientific Research and Modern Technology, 2(6), 1–13. https://doi.org/10.38124/ijsrmt.v2i6.562

Ononiwu, M., Azonuche, T. I., Imoh, P. O. & Enyejo, J. O. (2023). Exploring SAFe Framework Adoption for Autism-Centered Remote Engineering with Secure CI/CD and Containerized Microservices Deployment International Journal of Scientific Research in Science and Technology Volume 10, Issue 6 doi : https://doi.org/10.32628/IJSRST

Ononiwu, M., Azonuche, T. I., Imoh, P. O. & Enyejo, J. O. (2024). Evaluating Blockchain Content Monetization Platforms for Autism-Focused Streaming with Cybersecurity and Scalable Microservice Architectures ICONIC RESEARCH AND ENGINEERING JOURNALS Volume 8 Issue 1

Ononiwu, M., Azonuche, T. I., Okoh, O. F., & Enyejo, J. O. (2023). AI-Driven Predictive Analytics for Customer Retention in E-Commerce Platforms using Real-Time Behavioral Tracking. International Journal of Scientific Research and Modern Technology, 2(8), 17–31. https://doi.org/10.38124/ijsrmt.v2i8.561

Ononiwu, M., Azonuche, T. I., Okoh, O. F.. & Enyejo, J. O. (2023). Machine Learning Approaches for Fraud Detection and Risk Assessment in Mobile Banking Applications and Fintech Solutions International Journal of Scientific Research in Science, Engineering and Technology Volume 10, Issue 4 doi : https://doi.org/10.32628/IJSRSET

Osei-Kyei, R., & Chan, A. P. C. (2017). Implementing public–private partnership (PPP) policy for public construction projects in Ghana: Critical success factors. International Journal of Project Management, 35(6), 1184–1195. https://doi.org/10.1016/j.ijproman.2017.04.010

Overland, I. (2019). The geopolitics of renewable energy: Debunking four emerging myths. Energy Research & Social Science, 49, 36–40. https://doi.org/10.1016/j.erss.2018.10.018

Panteli, M., & Mancarella, P. (2017). The grid: Stronger, bigger, smarter? Presenting a conceptual framework of power system resilience. IEEE Power and Energy Magazine, 13(3), 58–66. https://doi.org/10.1109/MPE.2015.2397334

Panteli, M., Trakas, D. N., Mancarella, P., & Hatziargyriou, N. D. (2017). Power systems resilience assessment: Hardening and smart operational enhancement strategies. Proceedings of the IEEE, 105(7), 1202–1213. https://doi.org/10.1109/JPROC.2017.2691357

Polzin, F., Migendt, M., Täube, F. A., & von Flotow, P. (2015). Public policy influence on renewable energy investments—A panel data study across OECD countries. Energy Policy, 80, 98–111. https://doi.org/10.1016/j.enpol.2015.01.026

Sadorsky, P. (2009). Renewable energy consumption, CO₂ emissions and oil prices in the G7 countries. Energy Economics, 31(3), 456–462. https://doi.org/10.1016/j.eneco.2008.12.010

Sarkodie, S. A., & Adams, S. (2020). Electricity access, renewable energy and inclusive growth in sub-Saharan Africa: Renewable energy strategies for inclusive growth. Renewable and Sustainable Energy Reviews, 128, 109915. https://doi.org/10.1016/j.rser.2020.109915

Schaeffer, R., Szklo, A. S., Pereira de Lucena, A. F., Borba, B. S. M. C., Nogueira, L. P. P., Fleming, F. P., Troccoli, A., Harrison, M., & Boulahya, M. S. (2012). Energy sector vulnerability to climate change: A review. Energy, 38(1), 1–12. https://doi.org/10.1016/j.energy.2011.11.056

Sinsel, S. R., Riemke, R. L., & Hoffmann, V. H. (2020). Challenges and solution technologies for the integration of variable renewable energy sources—A review. Renewable Energy, 145, 2271–2285. https://doi.org/10.1016/j.renene.2019.06.147

Taghizadeh-Hesary, F., & Yoshino, N. (2019). The way to induce private participation in renewable energy power generation projects in Asia. Renewable and Sustainable Energy Reviews, 99, 308–318. https://doi.org/10.1016/j.rser.2018.10.008

Uzoma, E., Igba, E. & Olola, T. M. (2024). Analyzing Edge AI Deployment Challenges within Hybrid IT Systems Utilizing Containerization and Blockchain-Based Data Provenance Solutions. International Journal of Scientific Research and Modern Technology, 3(12), 125–141. https://doi.org/10.38124/ijsrmt.v3i12.408

van Vliet, M. T. H., Sheffield, J., Wiberg, D., & Wood, E. F. (2016). Impacts of recent drought and warm years on water resources and electricity supply worldwide. Environmental Research Letters, 11(12), 124021. https://doi.org/10.1088/1748-9326/11/12/124021

Zakeri, B., & Syri, S. (2015). Electrical energy storage systems: A comparative life cycle cost analysis. Renewable and Sustainable Energy Reviews, 42, 569–596. https://doi.org/10.1016/j.rser.2014.10.011

Zhang, C., Wu, J., Zhou, Y., Cheng, M., & Long, C. (2018). Peer-to-peer energy trading in a microgrid. Applied Energy, 220, 1–12. https://doi.org/10.1016/j.apenergy.2018.03.010

Zhang, D., Mohsin, M., Rasheed, A. K., Chang, Y., & Taghizadeh-Hesary, F. (2021). Public spending and green economic growth in BRI region: Mediating role of renewable energy. Journal of Environmental Management, 297, 113316. https://doi.org/10.1016/j.jenvman.2021.113316

Downloads

Published

30-07-2024

Issue

Section

Research Articles

How to Cite

[1]
Mofeoluwa Oyekan, Emmanuel Igba, and Shereef Olayinka Jinadu, “Building Resilient Renewable Infrastructure in an Era of Climate and Market Volatility”, Int J Sci Res Humanities and Social Sciences, vol. 1, no. 1, pp. 217–242, Jul. 2024, Accessed: Oct. 16, 2025. [Online]. Available: https://ijsrhss.technoscienceacademy.com/index.php/home/article/view/IJSRSSH243563