Power Sector And Other Related News Stories For Wednesday August 16th 2023
Eko DisCo Targets 100% Metering to Improve Efficiency
Eko Electricity Distribution Company (EKEDC) has announced its ambition to achieve 100 per cent metering of its customers to improve electricity supply in its network.
The company’s Chief Executive Officer, Dr Tinuade Sanda, during its Ijora District customer engagement forum in Lagos, noted that money collected from customers goes to all the players within the Nigeria Electricity Supply Industry (NESI) value chain.
Combating Difficulty in Upgrading Prepaid Meter
For many households using prepaid meters, this is not an easy period as many have been living with constant beeping from their meters warning them that their unit is about to finish. But they had been unable to reload because of difficulty in getting code for meter upgrade known as KCT 1 and KCT 2.
If you fall in this position, here are few tips on making your prepaid electricity vending systems more secure and Token Identifier (TID) rollover compliant by loading two Key Change Tokens (KCT1 & KCT2) in addition to your normal energy token.
Purchase electricity token: When you do this, you will receive three tokens; the first two are the key change tokens and the last is your purchased electricity token.
Fresh Pressure on Tinubu as Illiquid Power Sector Nears Collapse
Nigeria’s tottering power sector, which has seen electricity generation fall to below the worst levels under the Muhammadu Buhari administration, now faces an acute cash shortage, which experts say could lead to its imminent collapse and with it a new front of pressure against the government of President Bola Tinubu.
Electricity supplied to the national grid is today as low as 3,700 megawatts (MW) and if the export power is excluded, that means Nigerians are receiving less than 3,000MW to their homes and offices, BusinessDay investigation has revealed.
Why We Gave ABU N1bn to Pay Electricity Debt — FG
The Federal Ministry of Education has said it bailed out the Ahmadu Bello University (ABU), Zaria, from its N1 billion electricity debt because of the inability of the institutions to pay the bill.
Andrew Adejo, the permanent secretary of the Federal Ministry of Education, said this on Tuesday while appearing before the House of Representatives Committee investigating the implementation of the student loan scheme.
While responding to questions from the committee members on the hike in charges by the federal universities, he said the institutions grapple with providing utilities in schools.
How Smart Electrification Can Unlock Renewable Energy, By IRENA
The International Renewable Energy Agency (IRENA) said smart electrification could unlock flexibility and enable the integration of renewable energy into the global power grid.
To secure a carbon-neutral future, IRENA said the global energy transition should focus not only on how energy is produced but also on how it is consumed
The report, titled ‘decarbonising end-use sectors with renewable power’ said demand and supply must be transformed simultaneously to deliver efficient and effective decarbonisation of the entire system.
Reduction in Electricity Units Worries Consumers
Electricity consumers yesterday expressed concerns over a sudden change in the cost of units purchased from their Distribution Companies (DisCos), fearing tariff may have quietly been raised.
A consumer in Ketu-Ikosi, Lagos, Sunday Omoniyi, told The Nation that he was shocked to find out that electricity units he purchased at a certain amount dipped tremendously from what it used to be.