Power Sector And Other Related News Stories For Wednesday January 25th 2022

Posted by News Room January 25, 2023

Mirage of Industrialisation Without Electricity in Nigeria 

I have said time and again that science, technology and innovations make a nation to be a force to be reckoned with in the comity of nations. It is not the huge population of China and India which is in excess of a billion each that makes these countries powerhouse and developed countries; it is because of their scientific and technological breakthroughs as well as innovations. In the era of slave trade, slaves were raided in Africa to work on plantations of their masters in Europe and America. With industrial revolutions when machines were designed and mass produced to do the work of human beings, there was no need to further raid slaves to work on agricultural plantations, thus, it became unfashionable to continue slave trade and subsequently, it was banned.


Rural Communities Benefit More from AIbom Electricity Distribution Licence 

Daily Sun learned that the commission had equally approved the state application for the on-grid electricity licence to enable Ibom Power Company to embed into the distribution network of Ibom Utility Company Ltd., Akwa Ibom would now need to develop its distribution infrastructure to dish out its power, and not rely on the existing distribution lines statutorily owned by Port Harcourt Electricity Distribution Company (PHEDC), the successor to the defunct National Electric Power Authority.

NERC said the licence with reference number NERC/LC/244 would be valid till October 2032. It would enable Ibom Utility Company to distribute electricity only within villages and locations specified in the licence terms and conditions.


Kaduna Electric Caution Against Politicising Power Supply Challenges in Kaduna 

The management of Kaduna Electric said her attention has been drawn to unfortunate attempts to politicize ongoing power supply challenges especially in Kaduna.

A statement issued by Abdulazeez Abdullahi, Head, Corporate Communication reiterated that current reduced supply hours to our customers in some parts of our Franchise Area is strictly as a result of reduced allocation from the national grid due to lower power generation and Transmission Company of Nigeria (TCN) programme for improved grid management.


Registered Energy Customers in Nigeria Decline to 12.643m 

The registered energy customer population in Nigeria has declined from 12.78 million to 12.64 million. This is retrogressive and surprising given the clamour of many electricity users for prepaid meters as a result of high estimated bills given by many distributions companies (DisCos) in Nigeria to them. The latest data published by the Nigerian Electricity Regulatory Commission (NERC) stated that there were 12,643,630 registered energy customer population in Nigeria. It added that out of this number, there were 4,898,721 metered customers as of June 30, 2022, with a metering performance of 38.74 per cent. NERC data for September 2021 had stated that the registered energy customer population stood at 12.78 million, of which only 4.77million (37.3% of the identified customers) were metered, leaving the unmetered population at 8.01million customers (62.7% of the registered customers)


11 Discos Record N77.39bn Revenue Shortfall in Q2 2022 

The 11 Electricity Distribution Companies (DisCos) operating in Nigeria recorded a revenue shortfall of N77.39bn out of N265.68 billion billed to customers in the second quarter of 2022.

The Second Quarterly 2022 Report released by the Nigerian Electricity Regulatory Commission (NERC), shows that the total revenue collected by all DisCos in 2022/Q2 was N188.29 billion.

The total revenue collected by all DisCos in 2022/Q2 was N188.29 billion out of ₦265.68 billion billed to customers this translates to a collection efficiency of 70.87%. Although the total energy bill was reduced by


TCN Takes More Delivery of Transformer Accessories in Lagos, Ogun 

The Transmission Company of Nigeria (TCN) has said that it has received more trucks of transformer accessories in Lagos and Ogun states in its efforts to boost power supply in the country.

The company General Manager, Public Affairs, Mrs Ndidi Mbah, stated that the Alagbon 330/132/33kV transmission substation in Lagos recently received truckloads of 2 x 100/125 MVA of the equipment.

In addition, she noted in a statement in Abuja that the transformers when installed,  will increase the capacity of the Alagbon substation to 480MW.


Nigeria, Others Need $2.5bn to Power Healthcare Facilities 

A joint report from the World Health Organisation, the World Bank, the International Renewable Energy Agency, and the Sustainable Energy for All have revealed that Nigeria, the Democratic Republic of the Congo, Kenya, Ethiopia, and Tanzania needs about $2.5bn investment in accelerating electricity access in healthcare facilities.

The report titled Energizing Health: Accelerating Electricity Access in Healthcare Facilities stated that at least 25,000 healthcare facilities in sub-Saharan Africa had no electricity access, 68,350 healthcare facilities only had access to unreliable electricity while only half of the hospitals in sub-Saharan Africa had access to reliable electricity.


How South Africa Energy Crisis Became an Economic Crisis 

Rolling power cuts in South Africa are severely impacting the country growth and increasing the risk of recession. The economic costs associated with electricity outages known as load-shedding have reduced GDP by 1 to 1.3 percent annually since 2007, estimates Quinten Bertenshaw, executive director of ETM Analytics. Had load-shedding never occurred, he estimates the country economy could be 17 percent larger than it is today. Economists have estimated losses of between 1.5 billion rand and 4 billion rand (about $87 million to $232 million) per day.

The country growth outlook in 2023 isn’t impressive, admitted South African Finance Minister Enoch Godongwana this month, blaming electricity supply challenges for a lower-than-forecast 1.6 percent growth in 2022 and weakening investor confidence. We can have the best policy on paper, [but] if we cant provide electricity, it useless.


Sol Systems Acquires 190MW Solar Project in Texas 

Washington, D.C.-based Sol Systems, LLC has announced the acquisition of a 190MW solar development project in Uvalde County, Texas, from Madrid-based ABEI Energy.

Sol Systems acquired the project as part of its expanding Infrastructure and Impact business. ABEI Energy will continue to support Sol Systems during pre-construction development.

The Chief Development Officer at Sol Systems, Mak Nagle, said, “This acquisition builds on Sol Systems growing footprint in Texas and is part of a strategic effort to grow our national infrastructure platform. We are excited to expand access to clean energy and create new opportunities through the project lifetime.

Sol Systems will construct, own, and operate the project, generating enough clean electricity to power over 100,000 homes annually.


Masdar Signs 5GW Agreement of renewables with Angola, Zambia and Uganda 

Masdar has signed agreements with three countries, Angola, Uganda and Zambia, to develop renewable energy projects with a combined capacity of up to 5GW. The individual capacities are 2GW in Angola, 2GW in Zambia and 1GW in Uganda.

The agreements were signed under the umbrella of the Etihad 7 initiative. This UAE-led initiative aims to raise public and private sector funds to invest in developing Africa renewable energy sector.


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