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Shell and ScottishPower 5 GW of floating Wind Power to Fast-Track UK’s Transition Towards Net-Zero

…….. positions UK as the global leader in offshore wind……. Shell and ScottishPower 5GW wind power project to fast- track UK’s transition towards Net-Zero carbon emission campaign. The two firms have secured joint offers for seabed rights to develop large-scale floating wind farms as part of Crown Estate Scotland’s ScotWind leasing. The partners have won two sites representing a total ...

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Gencos Record N304bn Payment Shortfall in Nine Months – NERC Report

Power generation companies were paid a total of N311.1bn after providing an invoice of N614.6bn for electricity supplied between January and September 2021, the Federal Government has said. The government, however, stated that it had to augment the payment to the Gencos with a total of N129.83bn Payment Assurance and that this was for between January and June. Data from ...

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2,248MW of Power Stranded Monthly in 2021 Despite Blackouts – Gencos.

Despite the blackout witnessed in many parts of Nigeria last year, a monthly average of 2,248.5 megawatts of electricity was stranded and unutilised in the same year, industry data from power generation companies showed. It was gathered on Tuesday that while the average available power generation capacity for the 12-month period in 2021 was 6,336.52MW, the actual average generation put ...

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Totalenergies Pipeline Vandalized Leading to Shutdown of 504MW Alaoji Power Plant

Totalenergies Pipeline has been Vandalized Leading to the shutdown of Alaoji’s 504MW power plant. As a result TotalEnergies EP Nigeria Limited has declared a Force Majeure Event. The company’s NOPL Line was vandalized at KP41 on January 7, 2022. According to TotalEnergies EP Nigeria Limited in a letter to the Niger Delta Power Holding Company Limited (NDPHC), “NOPL pipeline was ...

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NERC Rakes N938.5m from Importers of Generating Sets, Others

The Nigerian Electricity Regulatory Commission (NERC) generated approximately N938.5 million from fees collected from importers of generators and other internal revenue sources from June 2020 to June 2021, an analysis of the data for the four quarters provided by the industry regulator, has shown. NERC had in 2013 introduced a N25,000 charge per unit of 100KVA generator imported into the ...

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Why We Take Over Donated Electricity Equipment — ANED

The Association of Nigerian Electricity Distributors (ANED) says Electricity Distribution Companies (DisCos) assume ownership of equipment donated by consumers in order to ensure public safety. In a statement issued in Abuja on Monday by ANED’s Executive Director for Research and Advocacy, Mr Sunday Oduntan, said DisCos normally assumed ownership of donated equipment because of “indemnity and protection“. He noted that ...

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World Bank Warns About Electricity Tariffs Increase

………..Says it will worsen inflation……. Nigeria and other emerging economies have to think twice before raising electricity tariffs as such steps will push inflation in 2022, World Bank has warned. In its latest Commodity Markets Outlook forecast, the World Bank indicated that prices of electricity, which peaked at 80 per cent higher this year compared to 2020, will remain high ...

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TCN Restores PowerSupply, After Breakdown of 5 Towers in Lagos

The Transmission Company of Nigeria (TCN) says it has restored power supply to areas affected by early morning explosion, which brought down its five 33KV Towers through the activities of vandals in Isheri area of Lagos. Mr Sule Abdulaziz, the TCN Managing Director, made this known during his visit to the site of the incident on Friday evening in Lagos. ...

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FEC Approves 16 Contracts to Boost Power Transmission

The Federal Executive Council (FEC) has approved 16 contracts aimed at boosting the capacity to transmit and distribute power in Nigeria. The Minister of Power, Alhaji Abubakar Aliyu, briefed State House correspondents after an extraordinary FEC meeting Presided over by Vice President Yemi Osinbajo on Thursday at the Presidential Villa, Abuja. He said the major problem in the Nigerian Electricity ...

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Ikeja Electric Engages More MAP Partners to Accelerate Metering

In preparation for the commencement of the next phase of the National Mass Metering Programme (NMMP), Ikeja Electric (IE) has contracted six more Meter Asset Providers (MAPs) to accelerate the rollout of prepaid meters under its network. IE said with the six newly contracted MAPs, it now has nine partners, saying with that, it was in a firm position to ...

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