Power Sector And Other Related News Stories For Monday September 18th 2023
Discos to Resume Meter Deployment Says Ikeja Electric
Ikeja Electric has said that Electricity distribution companies are set to resume the distribution of prepaid meters through the Meter Assets Provider (MAP) programme.
This announcement was made during a virtual stakeholders’ forum by Morenikeji Amosun, the Head of the Metering Team for Ikeja Electric.
Amosun said that the new meters have been imported under the programme, with deployment beginning soon.
He added that existing customers who ordered meters at old prices will receive their meters without additional payment.
https://businessday.ng/news/article/discos-to-resume-meter-deployment-says-ikeja-electric/
FG Increases Electricity Supply To Rural Areas, Deploys Renewable Technologies
This commitment was the outcome of discussions between the two chief executives in Abuja at the weekend when the EVC/CEO of NASENI visited the Rural Electrification Agency (REA) office as part of his efforts to engage with stakeholders to promote the adoption of NASENI’s technologies.
Mr Halilu, who assumed office two weeks ago as NASENI’s chief executive, said, “The focus is to hit the ground running by nurturing effective collaborations with the right stakeholders who will assist NASENI to fulfil its mandate of providing the science and engineering infrastructure base for Nigeria’s businesses and economy to thrive.
Power Sector Needs Fresh Investment’, Say Stakeholders
Stakeholders have said fresh investments are key to addressing challenges facing the power sector.
The stakeholders called for a structural overhaul of the sector to reduce the bottlenecks currently threatening the sector.
Inadequate infrastructure, low generation capacity, transmission and distribution inefficiency, according to them, resulted in occasional blackouts, erratic supply and increases in tariffs.
The Group Chief Operating Officer, Cabota Energy, Wale Elegbede, said the 2023 Electricity Act would address the generation and distribution challenges as well as create robust legal and institutional frameworks to facilitate a privatised and competitive electricity market.
https://guardian.ng/energy/power-sector-needs-fresh-investment-say-stakeholders/
TCN Restores 4,051.1MW After System Collapse
THE Transmission Company of Nigeria, TCN has restored 4,051.1 megawatts, MW, to the national grid after a total system collapse recorded last week.
Data obtained from the National System Operator, a semi-autonomous unit in the TCN, indicated that the recovery stood at 1,184.6MW, before rising further to the current level.
Checks by Vanguard further showed that many households and businesses that were thrown into darkness have started to have supply, though fully stable.
Reacting to the development, in an interview with Vanguard, yesterday, the Managing Director/CEO of Geotechnics Services Limited, Dr. Adesina Adedeji, said the government should intensify efforts to source power from many sources.
https://www.vanguardngr.com/2023/09/electricity-tcn-restores-4051-1mw-after-system-collapse/
Enugu State Nigeria Moves to Generate Own Power, Signs Electricity Bill into Law
The Governor of Enugu State, Peter Mbah, took a significant step on Friday by signing the state electricity bill into law. This move is aimed at establishing a reliable and self-sustained power supply system for the state.
This move was made possible by the recently passed electricity bill, which empowers states to generate and distribute electricity.
During the bill signing ceremony at the government house, Mbah emphasized the significance of this step, highlighting its role in fostering economic growth and encouraging investments in the state’s electricity sector.
https://www.tekedia.com/enugu-moves-to-generate-own-power-signs-electricity-bill-into-law/
Gov. Mbah Signs Electricity Bill Into Law
The Governor of Enugu State, Peter Mbah, Friday, signed into law, the Enugu State Electricity Bill, describing it as a major step towards economic growth and making the state the premier destination for investment, business, tourism, and living.
Speaking at the event, which took place at the Government House Enugu, Mbah said the quest by his administration to build Enugu State’s economy from $4.4 billion to $30 billion would translate to a pipe dream without adequate and stable power supply, hence the need for the Electricity Law, which Bill was transmitted to the House of Assembly about a fortnight ago.
https://businessday.ng/news/article/gov-mbah-signs-electricity-bill-into-law/
How e Used Green Energy to Boost Economic Growth, Jobs —Oye, CEO, Green Energy & Biofuels
Femi Oye is the CEO of Green Energy & Biofuels (GEB), Co-founder, SMEFUNDS and Chief Architect, GoSolarAfrica, a social investor, innovator and leader of Africa’s foremost clean energy technology companies. In this interview with NURUDEEN ALIMI, he highlights how his company has been using green energy to boost economic growth, among other issues relating to the economy.
