Power Sector News And Other Related Stories For Tuesday 5th July 2022.

Posted by News Room July 5, 2022

Electricity update: Power Supply in Nigeria Drops to 75,641.98MWh

Nigeria’s electricity supply dipped on Sunday, 3rd July 2022 by 3.9% to 75,641.98MWh compared to 78,726.11MWh sent out to distributing companies during the previous day. This is following a 4.1% decline in energy production to 76,659.42MWh on Sunday.

Specifically, total energy generated on Sunday was 4.1% lower than the 79,955.89MWh generated on Saturday. This is according to information from the Transmission Company of Nigeria (TCN).

https://nairametrics.com/2022/07/04/electricity-update-nigerias-power-generation-falls-massively-to-68856mwh/

 

Nigeria’s 26 Power Plants’ Capacity Drops by 70%

There has been a drop in the combined generation capacity of Nigeria’s 26 power plants by 70 per cent, industry statistics have shown.

According to the latest data sourced from the Nigeria Industry Supply Industry, the capacity of the plants dropped from a total of 13,461 megawatts to 4,022MW as of when they were last tested in July 2021.

A breakdown of the data showed that the four hydro plants under the Power Purchase Agreement such as Kainji plant (hydro) with an original 760MW capacity, had approximately 153MW capacity as of July last year, while Jebba with 576MW capacity, had 332MW.

https://punchng.com/nigerias-26-power-plants-capacity-drops-by-70/

 

Tidying Up Nigeria’s Power Transmission System

There have been several complaints as to how weak the country’s power supply system has become, from generation to transmission and then to distribution.

But it would appear that there are ongoing efforts to boost the wheeling power of the sector with the ongoing projects around the country, which are capable of increasing supply markedly in the first instance.

This is against the backdrop that the federal government has harped on raising national electricity supply to about 5,000 mw, with the recent binding contracts among the industry operators.

https://www.thisdaylive.com/index.php/2022/07/05/tidying-up-nigerias-power-transmission-system/

 

Renewable Energy as Viable Solution to Nigeria’s Electricity Crisis

As Nigeria looks to several sources to end its intractable power supply crisis, stakeholders are working out solutions that if adopted by the federal government, will help solve the problem.

As part of their contribution towards solving Nigeria’s electricity crisis, Sterling Bank Plc and Stears Data recently released a report, which advocated the adoption of renewable energy as a viable solution to complement domestic and commercial supply

The report entitled, “Powering Nigeria: How solar energy can become a sustainable electricity alternative,” is divided into five parts namely: Nigeria’s electricity problem; the impact of Nigeria’s problem; the case for solar energy in Nigeria; limitations to solar adoption in Nigeria, enabling Nigeria’s energy market and conclusion.

https://www.thisdaylive.com/index.php/2022/07/05/renewable-energy-as-viable-solution-to-nigerias-electricity-crisis/

 

Renewable Energy as Viable Solution to Nigeria’s Electricity Crisis

As Nigeria looks to several sources to end its intractable power supply crisis, stakeholders are working out solutions that if adopted by the federal government, will help solve the problem.

As part of their contribution towards solving Nigeria’s electricity crisis, Sterling Bank Plc and Stears Data recently released a report, which advocated the adoption of renewable energy as a viable solution to complement domestic and commercial supply

The report entitled, “Powering Nigeria: How solar energy can become a sustainable electricity alternative,” is divided into five parts namely: Nigeria’s electricity problem; the impact of Nigeria’s problem; the case for solar energy in Nigeria; limitations to solar adoption in Nigeria, enabling Nigeria’s energy market and conclusion.

https://www.thisdaylive.com/index.php/2022/07/05/renewable-energy-as-viable-solution-to-nigerias-electricity-crisis/

 

Economic Stability Impossible Without Steady Power Supply –Mbisiogu

Chairman/CEO, Blue Diamond Logistics China and founder of Good Governance Initiative (GGI)Festus Mbisiogu, in this interview spoke on the nation’s economy, importance of power supply among other issues.

You were one of the Special Guests at the 19th Annual Awards of The Sun Publishing Company, what is your assessment of this year’s Awards?

I give credit to The Management Committee of the 19th Annual Sun Awards 2021 for improving on this year’s award of The Sun Publishing Limited.  The organizers and those behind the awards were on point in terms of organization, planning and execution of the event. However, this year’s event was rich in presentation and caliber of Awardees and showed that there was no compromise on the selection pattern. That is why in spite of my busy schedule, I left China to attend The Sun Awards. Also may I use this medium to commend my friend and brother, Chief Ebuka Okafor, Chairman/CEO Vixa Pharmaceutical Limited for being conferred with The Sun Industrialist of the year because of his contribution towards national development. https://www.sunnewsonline.com/economic-stability-impossible-without-steady-power-supply-mbisiogu/

 

Hope Rises for Legacy Power Sector Creditors

The federal government has raised hopes for the settlement of legacy debts owed by the defunct Power Holding Company of Nigeria (PHCN) which were taken over by the to Nigeria Electricity Liability Management Company Ltd (NELMCO).

The Bureau of Public Enterprises (BPE) said yesterday that the National Council on Privatisation (NCP) has approved the immediate composition and the proposed governance framework for the sustainable management and payment of post privatisation liabilities of the power sector transferred to Nigeria Electricity Liability Management Company Ltd (NELMCO). Until the new decision, NELMCO had no board.

BPE said that the new Board was headed by the Minister of Finance, Budget and National Planning, Mrs. Zainab Ahmed

https://www.vanguardngr.com/2022/07/hope-rises-for-legacy-power-sector-creditors/

 

EU Launches A $1.35b Nigeria Green Energy Project

The European Union (EU), under the Team Europe Initiative (TEI), is launching a $1.35 billion Nigerian Green Energy Project. The EU Ambassador to Nigeria and Economic Community of West African States (ECOWAS), Samuela Isopi, announced this during the unveiling of the project at the 8th EU-Nigeria Business Forum themed Nigeria and the New Economy, which was held in Lagos.

Isopi, while commending Nigeria’s resilience in the face of the current global challenges, said the initiative aims to assist Nigeria in achieving a low carbon, resource-efficient and climate-resilient development, job creation for youths and economic growth. In addition, it will focus on climate-smart agriculture, circular and digital economy and improve the competitive advantage of Nigeria’s agriculture.

https://theelectricityhub.com/eu-launches-a-1-35b-nigeria-green-energy-project/

 

BGFA to Electrify 3 African Countries with Solar Energy

The Beyond the Grid Fund for Africa (BGFA) is set to provide finance to boost the electrification of some 580,000 households in three African countries. BGFA is strengthening its position on the African continent’s energy scene through this new initiative.

The Nordic Environment Finance Corporation (NEFCO) manages the funding facility, which has signed agreements with energy suppliers to deploy standalone solar systems to support access to electricity. The three countries include Burkina Faso, Liberia and Zambia.

https://theelectricityhub.com/bgfa-to-electrify-3-african-countries-with-solar-energy/

 

South Africa Adds 147 MW Wind Power to The Energy Mix

South Africa’s independent power producer (IPP), Enel Green Power, has announced commissioning its Karusa wind farm. The farm will add 147MW to the national power grid to improve the electricity supply.

The project in Laingsburg in the Western Cape Province began construction in 2019. The subsidiary of the giant Enel has awarded the construction of the Karusa wind farm to Vestas Wind System. These wind turbines are estimated by Enel to have an annual output of 500 GWh.

https://theelectricityhub.com/south-africa-adds-147-mw-wind-power-to-the-energy-mix/

 

Iberdrola Commissions Mega Battery Storage System

Iberdrola SA has revealed that it has commissioned Gorman, its 50MW/25 MWh battery energy storage system (BESS) in Ireland. The system, which costs USD 29.3 million, has more than 4,000 modules packed in 16 containers that occupy an area the size of a football pitch in County Meath. Gorman is Iberdrola’s first commercial-scale BESS in Ireland.

EirGrid, the Irish transmission system operator, will use the BESS system for six years as a part of the DS3 programme, which EirGrid and peer SONI developed to ensure that the country’s power system operates securely as more non-synchronous renewables are uploaded.

https://theelectricityhub.com/iberdrola-commissions-mega-battery-storage-system/

 

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