In Part 1 of this series we looked at what constituted the Eligible Customer policy directive, the categories of Eligible Customers and its impact on the NESI.
The Impact of the ELIGIBLE CUSTOMER REGULATION 2017 (Part 1)
The then Minister of Power, Works and Housing made a declaration taking effect on 19 May 2017 which allows eligible consumers purchase electrical power from generating companies (GenCos), this declaration was in accordance with section 27 Electric Power Sector Reform Act (EPSRA) 2005
Interconnected Minigrids: Bridging The Gap Between On-Grid And Off-Grid In Nigeria
Despite the N700 billion and another N600 billion intervention fund to ameliorate the liquidity crisis plaguing the power sector, it is still in murky waters. Along the power value chain we find that gas Generating Companies (GenCos) are unable to pay their suppliers and are currently facing liquidation threats as a result of huge indebtedness …
The Off-Grid Sector, the Opportunities and Challenges for Investors
For a population of about 200 million, Nigeria needs 180,000MW of power, but generates 4,500MW. The transmission company (TCN), which evacuates generated power to distribution companies, has a transmission capacity of 8,100MW, but can evacuate only about half of the current installed capacity. The TCN is the weakest link in the electricity network. As a …
The Renewable Energy Option
In Nigeria, about 60% to 70% of the Nigerian Population have no access to electricity. This persistent power crisis necessitated the government’s interest in alternative energy sources. As a result, the Nigerian government initiated designs to promote investments in renewable energy. Over the years, there have therefore been directional policies on renewable energy, namely: National …
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