Posts - Energy Worth Online

AFC will pioneer early-stage funding of Nigeria’s mining projects —Osam Iyahen

Energy Worth6 years ago6 years ago025 mins

Osam Iyahen is a Director at Africa Finance Corporation (AFC), a leading investment grade infrastructure solutions provider, created by sovereign African states to provide pragmatic solutions to Africa’s Infrastructure deficit and challenging operating environment, by developing and financing infrastructure, natural resources, and industrial assets, for enhanced productivity and economic growth of African States. He is…

Licence cancellation: FG gives Discos December 7 deadline

Energy Worth6 years ago6 years ago05 mins

Power distribution companies have till December 7 to submit their written responses providing reasons their licences should not be cancelled, the Nigerian Electricity Regulatory Commission (NERC) declared on Tuesday. In an updated document on the notice of hearing on the petitions by Discos on the Minor Review and Minimum Remittance Order dated November 5, 2019,…

Eko Carbon Exchange holds Dialogue on waste, emissions and wealth creation Nov 12

Energy Worth6 years ago6 years ago03 mins

By Oke Peter Eko Carbon Exchange (ECX), a platform for education and awareness on environmental emissions, as well as carbon pricing and climate token-based emission trading, as a voluntary mitigation pathway under the UNFCCC Kyoto Protocol has announced that it will hold a Breakfast Dialogue on waste, emissions and wealth creation. According to a statement…

Nigeria lost $1.35bn to oil theft in Q1 —Obaseki

Energy Worth6 years ago6 years ago05 mins

By Oke Peter The Edo State Governor, Mr. Godwin Obaseki, has flayed the incessant oil theft in the Niger Delta, bemoaning the loss of about 22 million barrels of crude oil in the first quarter of 2019, estimated at $1.35 billion. The governor, while playing host to a delegation of National Executive Committee (NEC) of…

What does science say about the need for nuclear?

Energy Worth6 years ago6 years ago028 mins

By Jessica McDonald While Senator Bernie Sanders has said “scientists tell us” that it’s possible to go carbon neutral without relying on nuclear power, fellow Democratic presidential candidate Senator Cory Booker, who backs the use of some nuclear energy, has said the data is on his side. Who’s right? Both have a point, but neither…

Damilola Ogunbiyi announced as new CEO of Sustainable Energy for All

Energy Worth6 years ago6 years ago06 mins

Sustainable Energy for All (SEforALL) has today announced that Damilola Ogunbiyi, current Managing Director of the Nigerian Rural Electrification Agency (REA), has been selected as the organization’s new Chief Executive Officer (CEO). The news followed United Nations (UN) Secretary-General António Guterres announcing the appointment of Ogunbiyi as his Special Representative for Sustainable Energy for All and Co-Chair of…

Renewable energy’s inconvenient truth

Energy Worth6 years ago6 years ago037 mins

By Gail Tverberg The energy needs of the world’s economy seem to be easy to model. Energy consumption is measured in a variety of different ways including kilowatt-hours, barrels of oil equivalent, British thermal units, kilocalories and joules. Two types of energy are equivalent if they produce the same number of units of energy, right?…

Nigeria’s power grid records 206 collapses in 9 years …As foreign-funded investment hits N715bn

Energy Worth6 years ago6 years ago026 mins

Nigerians woke up on Wednesday, May 8, to a nationwide outage that cut off power from many homes and factories, leading to reduced load allocations to the distribution companies (DisCos). About 5:29 am the following day (Thursday, May 9, 2019), the grid collapsed again, compounding the nation’s energy challenge. Checks revealed that the country’s power…

Dangote Refinery empowers 200 youths in host community through skills acquisition

Energy Worth6 years ago6 years ago09 mins

The programme marks another level of Dangote Petroleum Refinery’s intervention as it is targeted at providing vocational skills to the teeming youth population About 200 youths from Ibeju-Lekki community in Lagos State have graduated from various skills acquisition programme organised by Dangote Petroleum Refinery as a way of transforming society and providing employment opportunities for…

Schneider Electric is setting new standards in innovation

Energy Worth6 years ago6 years ago08 mins

Schneider Electric has unveiled new integrated energy solutions for the next generation across multiple market segments at the Innovation Day Lagos 2019 event held on the 10th of October 2019 at Lagos Continental Hotel, VI Lagos. In his opening remarks, the Managing Director Schneider Electric, Mr. Christophe Begat underscored the company’s interest in innovations for…

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