Category: Power

By Energy Worth Power supply worsened over the past week as generation fell by over 1,000 megawatts amid violent rainstorms sweeping through the country. Power generation stood at 3,192.20MW as of 6am on Sunday, according to data from the Nigeria Electricity System Operator (NESO). From 4,339.10MW as of 6am on Monday, April 30, the total…

Between January 1 and May 5 this year, the power sector lost about N154bn as a result of the unavailability of gas, distribution and transmission infrastructure, as well as water reserve challenges, the Federal Government has said. A document on Nigeria’s power sector performance put together by the Advisory Power Team at the Office of…

By Oke Peter The Nigerian Electricity Regulatory Commission (NERC), on Thursday stated that it would take another look at tariff computation in order to address the various concerns surrounding the issue. According to NERC’s newly inaugurated Chairman, Professor James Momoh, all necessary calculations on electricity tariff will be done by the commission to get the…

By Energy Worth A drop in the quantum of electricity taken by power distribution companies in Lagos and the harsh weather condition on Thursday led to the explosion of a power transformer and the resultant fire incident at the Alagbon substation. According to the Transmission Company of Nigeria (TCN), although the fire has been put…

By Energy Worth In its efforts towards increasing power supply in Aba, the Abia State government, is set to partner Geometric, Ruyi Holding Group to provide an enabling environment that would support commerce to thrive. Consequently, the state government has opened talks with two firms, Geometric Power Limited, the promoters of the independent power plant in…

Energy Worth with Agency Report The African Development Bank, (AfDB), on Wednesday, says that no fewer than 650 million Africans currently live without electricity. AfDB Director, Communication and Media Relations, Dr Victor Oladokun,  disclosed this while welcoming African Journalists on a Media Tour to Saemaul Undong Model village project, in Yamoussoukro, Cote d’Ivoire. “About 650…

The Managing Director of Champion Breweries,  Uyo, Akwa Ibom State, Mr. Patrick Ejidoh, has said that not less than N1 billion is being spent by the company annually on diesel to provide electricity for its operations. He said that surviving manufacturing companies in the country also spend much on power while this not only impacts…

Energy Worth with Agency Report There are strong indications that a new metering policy of the federal government, known as Meter Asset Providers (MAP) regulation, aimed at achieving full metering of electricity consumption in the country within three years, may suffer serious setback as a result of mounting liquidity crisis in the nation’s power sector,…

Emmanuel Katepa is the Chief Executive Officer/Managing Director of Copperbelt Energy Corporation (CEC), a core investor in the privatised Abuja Electricity Distribution Company (AEDC). In this interview, Katepa speaks of AEDC’s strategies to raise monthly remittances for bulk energy from the Generation Companies (GenCos) from 35 per cent to 60 per cent before year end….

Latest documents obtained from Nigeria’s power System Operator indicated that peak electricity generation crossed the 5,000-megawatt mark last week. According to the SO, a peak power generation of 5,090MW was recorded on April 26, 2018, which was the highest quantum of electricity ever witnessed on the national grid since the beginning of this year. An…