Power Sector And Other Related News Stories for Wednesday December 6th 2023

Posted by News Room December 6, 2023

 Stakeholders in Power Sector Inspect Equipment to Boost Stable Electricity

The Project Implementation Office (PIO) of Transmission -Distribution Projects yesterday, 4th December, 2023 led by Engr. Matthew A. Ajibade the Programme Manager, hosted the stakeholders: CBN, NESI – SSL, NERC, AEDC and TCN, to inspect consignments of power equipment delivered by Bussdorr & Company Ltd at TCN Gwagwalada 132/33KV substation in Abuja.

According to a realeae by Ndidi. Mbah, GM Public Affairs of TCN, the project is part of the Central Bank of Nigeria (CBN) intervention in the power sector.



All On, GEAPP Commit $15m For 350KW Mini-grid In Nigeria

All On and the Global Energy Alliance For People and Planet (GEAPP) announced $15 million in investments on top of existing deployments to expand the Demand Aggregation for Renewable Technology (DART) programme in Nigeria.

The investments will lead to a 350KW mini-grid in Benue State, Nigeria.

The announcement was made during the COP28 Energy Day at the back of a World Bank event on Distributed Renewable Energy (DRE) focused on accelerating universal access to energy in Africa.

The DART programme, which began in Nigeria in 2021, is a global aggregated procurement financing initiative for renewable energy companies to decrease the cost of deploying these technologies in communities most in need.



TCN Ready to Supply Electricity to Niger Republic Once Ban is Lifted

The Transmission Company of Nigeria, TCN, says it is ready to supply Niger Republic back with electricity whenever Nigeria lifts the ban on the country.

The General Manager Transmission, Transmission Company of Nigeria, TCN, Kaduna Region, Ganiyu Aliyu, stated while briefing journalists in Kaduna on the achievements of the region in 2023.

He explained that the company can supply the neighbouring country without affecting its power supply in the region due to the capacity increase it witnessed.



COP28 Participants Speak on Nigeria’s Affordable Renewable Energy Potential

Tuesday marked the sixth day of the ongoing 28th meeting of the United Nations Conference of the Parties (COP28) in Dubai, United Arab Emirates.

The day’s event was themed, ‘Energy/Industry/Fair Transition/Indigenous Peoples Day by the United Nations Framework Convention on Climate Change (UNFCCC)’.

The event focussed on broad spectrum of solutions from deploying large scale renewable energy to decarbonising the energy of today. It also highlighted solutions for the heavy-emitting industry including steel, cement, and aluminium.



Electricity Generation Rises 5.1% to 5,011.97MW

Nigeria’s electricity generation rose by 5.1 percent, yesterday, to 5,011 megawatts, MW, from 4,757.36MW recorded last week.

This was contained in the data obtained from the Nigerian Electricity System Operator, NESO, an autonomous unit of the Transmission Company of Nigeria, TCN.

The data obtained by Vanguard did not provide reasons for the said improvement but checks attributed it to improved supply of gas to the thermal stations.

According to Nigeria Electricity Regulatory Commission, NERC, first quarter report, “The last time Nigeria generated 5,000MW of electricity was three years ago. Lots of challenges plaguing the power sector have made it underperforming despite currently having a generation capacity of 7,000 MW.



FG Signs Deal to Build 1GW Solar PV Plant Factory

The Federal Government has signed an agreement for the establishment of a 1 Gigawatt (GW) Solar PV Manufacturing plant in the country as part of efforts to provide reliable energy to Nigerians.

The Infrastructure Corporation (Infracorp), signed the agreement with Solarge BV of the Netherlands and the African Green Infrastructure Investment Bank at the ongoing 28th session of the Conference of Parties (COP28) in Dubai, United Arab Emirates.

Lazarus Angbaso, the Chief Executive Officer of Infracorp, said the objective of the project is to revolutionise Nigeria’s energy sector and elevate the economy to $1 trillion through sustainable and climate-resilient infrastructure.



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