Power Sector And Other Related News Stories For Tuesday March 14th 2023

Posted by News Room March 14, 2023

AEDC Alerts Customers of Power Interruption in Parts of Abuja 

The management of AEDC, in a statement in Abuja on Monday, March 13, 2023, said that the maintenance would take place on March 14, from 10 a.m. to 2 p.m.

The company said that during this period, there would be power interruptions which would affect Prince & Princess Estate, Parts of Kaura District, Dubai Market, Behind Games Village, and Part of Durumi 2, Adisa Estate.

AEDC listed other areas to include Sharia Court of Appeal, Federal Boys College, Sharon Plaza, Anon Plaza, Cedar Crest Hospital, MKK Plaza, Durumi 3 Shell Estate, A.A. Shafa Filling Station, Amina Court, NPI Estate, and environs.


MAN Decries High Energy Cost 

The Manufacrurers Association of Nigeria (MAN), has again decried the inadequacies and high cost of energy, which have been identified as the core  challenges  of manufacturing operations in the country.

The Association noted that Nigeria with over 200 million people and a huge productive sector that is energy-dependent, regretted that electricity distributed  in the country remains a mere  4000MW. This explains why in the various Manufacturers CEO Confidence Index (MCCI) reports, poor supply of electricity has been continuously ranked among the top challenges of the sector. In addition, the energy challenges are variously represented as the cause for the poor competitiveness of the  economy and manufacturing sector.


FG Arraigns Property Developer Over Alleged Electricity Theft 

The Federal Government, yesterday, arraigned a property developer, Mr. Cecil Osakwe, before Justice Binta Mutala-Nyako of the Federal High Court sitting in Abuja over alleged electricity theft.

Osakwe, the Managing director of Abeh Signatures, a property development company, however, pleaded not guilty to the two-count charge preferred against him by the Federal Government.

At the proceedings, Osakwe challenged the legality of the task force that investigated the process leading to his arraignment. According to him, the task force is unknown to the law.


Time for Shake Up 

Despite the touted huge benefits of the power sector privatisation exercise in 2013, Nigerians have not experienced significant improvement in electricity supply. While the power generation (GenCos) and power distribution (DisCos) sectors were privatised, the nation kept the transmission lines, as a critical national asset. Regrettably, there has not been any improvement in the two sectors privatised, particularly the DisCos. Indeed, for many consumers, the DisCos have become a perennial nightmare, since they merely charge humongous estimated bills for insignificant electricity supplied.


Africa Energy Crisis Raises Fresh Health, Environmental Concerns 

Fresh concerns of public health and environmental disaster are looming in Nigeria and other African countries amid worsening energy crisis and population explosion.

Experts from across the continent and other parts of the world, who gathered yesterday in Cape Town, South Africa, insisted that unless something is urgently done to revive refineries to refine cleaner petroleum products, address huge Liquefied Petroleum Gas (LPG) shortage and distribution and storage infrastructure, the continent would only be living on a borrowed time.


Solar Concentrated Photovoltaic Market May Set Epic Growth Story | Arzon Solar LLC., Green Energy Corp, Sunpower 

The recent research publication on Global Solar Concentrated Photovoltaic market provides insights into the evolution of the competitive environment, the lifecycle stage, and opportunities. The survey with Solar Concentrated Photovoltaic investors & stakeholders in this sector, from APAC, EMEA, and the Americas, reveals information such as large-scale projects with regulatory factors by country, subsidies, tax incentives, and direct investment. Along with this activity comes a stream of Solar Concentrated Photovoltaic M&A activity and growth, as producers strive to stay ahead of the curve. Some of the established and new companies profiled in the study are Arzon Solar LLC. (United States), Green Energy Corp. (United States), Sunpower Corporation (United States), Morgan Solar Inc. (Canada), Silex (Australia), Suncore (China), Magpower Inchttps://www.digitaljournal.com/pr/news/solar-concentrated-photovoltaic-market-may-set-epic-growth-story-arzon-solar-llc-green-energy-corp-sunpower#ixzz7vv3nuSft

Anesco Powers Up 10 MW Solar Farm for Dragon LNG in The UK 

Anesco has successfully energised a 10 MW solar farm for Dragon LNG, located at the operator liquefied natural gas (LNG) terminal in Milford Haven, Pembrokeshire, UK, marking a significant step forward in Dragon LNG’s ambition to make the terminal Net Zero by 2029.

The solar park at the Waterston site has been designed and constructed by Anesco, who will provide ongoing operations and maintenance services to ensure the installation continues operating at its optimum efficiency. The solar park comprises 18,500 solar panels and has benefited from an advanced biodiversity plan that has created habitats for local wildlife and at-risk species.


We use cookies to enhance your experience on our website. By continuing to browse our site,
you consent to our use of cookies.