Power Sector And Other Related News Stories For Thursday December 29th 2022
Edo partners BEDC to improve power supply
Edo State Governor, Godwin Obaseki, has said his administration is working closely with the new management of Benin Electricity Distribution Company (BEDC) to improve electricity supply across the state.
Obaseki, who spoke to journalists in Benin City, said the state has the capacity to generate about 1,000 megawatts of electricity daily, expressing confidence that with the partnership with BEDC, the state will witness increased power supply next year.
Why $2.5bn investment in NIPP is necessary, says MD, NDPHC
Speaking to the power correspondents, in Calabar, the NDPHC chief said that so far, the company had been able to provide the transmission capacity of over 7000 megawatts, in addition to providing distribution substations to all the local governments in the country.
“NDPHC has a state-of-the-art substation in Enugu, and recently completed the Lafia substation to transform 630 KVA to 132 KVA to 33 KVA. At least, Lafia alone can give us 100 megawatts for Abuja Electricity Distribution Company (AEDC) to pick and serve the entire area.
REA urges states to invest in power
The Federal Government has appealed to state governments to be proactive by investing in power to provide their citizens’ homes and places of work with adequate electricity supply.
The Rural Electrification Agency Board member representing Southwest, Michael Oluwagbemi, urged states to collaborate with private companies and investors in the power sector for power development, saying such would as well enhance their economy.
Oluwagbemi, who spoke in Ado Ekiti, the Ekiti State capital, on Monday, said that REA in the last one year had recorded remarkable achievement in its area of core mandates of ensuring access to electrification in rural areas and renewal energy in the country.
Oil firm rebrands to focus on renewable energy
Nepal Oil and Gas Services Limited has completed its rebranding process to Nepal Energies in line with the ongoing transition from a focus on fossil fuels to a renewable energy major.
The company also adopted a new vision statement, “To accelerate Africa’s transition to reliable and sustainable energy” and a new mission statement, “To increase Africa’s access to cleaner, affordable and reliable energy that drives economic growth”.
The Group Managing Director of Nepal Energies, Ngozi Ekeoma, during the unveiling ceremony of Nepal Energies Limited, said the shifting global dependence on non-fossil fuels, climate uncertainty, international commitment to reducing the global carbon footprint and the quest to remain frontrunners in the pursuit of affordable and cleaner energy in Africa were some of the reasons for the rebrand.
Electricity sector sees promising uptick in 2022
The Electricity and Renewable Energy sector managed to attain a quantum leap in the various spheres and secure the local market’s needs, despite the diversity of global challenges during 2022, according to a report Wednesday.
A number of procedures and reform policies were adopted in the energy sector, as part of a comprehensive strategy that includes securing supplies and good governance.
The ministry has also taken concrete steps to totally reverse power cuts and attain electricity surplus.
EWEC announces over 60% of total power demand delivered from renewable energy sources
Emirates Water and Electricity Company (EWEC) has announced that, for the first time, over 60 percent of the total power demand was delivered from renewable and clean energy sources.
The achievement was announced this month, with a generation of approximately 5.5 gigawatts (GW) of the total 8.6GW system power demand being supplied from EWEC’s solar power and nuclear energy plants.
Othman Al Ali, Chief Executive Officer of EWEC, said that this achievement is a true testament to EWEC’s strategic initiatives that prioritise carbon-free technologies in support of the UAE’s sustainable and economic objectives.
Tata Power Renewable Energy gets award to set up 255 mw hybrid project in Karnataka
(TPREL), a subsidiary of Tata Power, has received the “letter of award” (LoA) from Tata Power Delhi Distribution Ltd, a joint venture of Tata Power and the NCT of Delhi, for setting up a 255 MW hybrid (wind and solar) power project in Karnataka.https://economictimes.indiatimes.com/industry/renewables/tata-power-renewable-energy-gets-award-to-set-up-255-mw-hybrid-project-in-karnataka/articleshow/96574063.cms?utm_source=contentofinterest&utm_medium=text&utm_campaign=cppst The project will be commissioned within 24 months from the PPA execution date. The letter was awarded through an e-reverse auction, a company statement said.
Ocean Winds to Develop 2 GW Offshore in California Waters
The area awarded is one of the five located off the California coast, which has been the subject of an auction held by the BOEM. This auction is of particular note as it marks the first floating offshore wind lease sale in the country, and the first offshore wind lease sale of any type on the West Coast.
When fully constructed and operational, the Golden State Wind lease area will be able to accommodate approximately 2 GW of offshore wind power, generating enough power to power the equivalent of 900,000 homes. In this way, the US and California will be closer to achieving their clean energy goals of 15 GW of floating offshore wind generation by 2035 in the country and 5 GW by 2030 in California.