Financial Energy Review
……….by Ben Ndubuwa…..
Electric power industry experts and stakeholders are set to converge next month in Lagos to profer solutions to the continued epileptic grid failures in Nigeria.
Experts in the power sector are organizing a talkshop called PowerCap, for local and international energy player
According to Biodun Ogunleye, one of the experts and a renowned name in the local industry, in an interview with our Reporter, participants who are drawn from, other African Countries, Asia, Europe and America, will join their Nigerian counterparts in discussing and proffering solutions to the Nigerian intractable power challenges.
Ogunleye, who informed that the conference would last for two days, commencing on the 7th and ending on the 8th of November 2022 at Eko Hotel, Victoria Island, Lagos, stated that the experts have been expressing concerns about glaring failure of the power sector which is supposed to be the pivot of all productive processes in the country.
Lamenting the poor state of the sector which he said has in no small measure ensured the stunting of the general growth and development of the nation’s economy, he added that it is with these at the back of the minds of the experts who have resolved to educate the people as well as provide solutions to the failed state of the power sector.
He, added, that,” this will be a two day event with sessions which will focus on specific power sector issues, that it will, also, appraise the participants with the history of issues with a knowledge lead presentations as well as adding values to the issues. “
” The power sector has witnessed continuous modifications to it policies and objectives. This event tackles the challenges in the sector which is far from expectations of the sector reforms and privatisation exercise,” he further added.
Biodun Ogunleye, who, also stated that attendance to the conference will give the participants wider scope of the challenges and present a platform where they can exchange knowledge as well as proffer solutions stated, added that, ” youths and young minds will have the opportunity to engage at the creativeHub- specially designed for showcasing innovative ideas and solutions to issues in sector, ranging from metering to ease of payment. They will, also, get a chance to be acknowledged for their innovations. “
It was, further learnt that the plenary sessions outline various opportunity creations and trainings for those specialized skills.
To this end, the organisers the conference plans to impact on the participants; opportunities in the electricity value chain, asset management: Network Assets, Economics of mini and micro grid: asset management, Generation Assets, Innovation in resolving power challenges, Resolving underserved communities issues, Metering skills development and Commercial asset management.
Others are Solar power installation, Meters and AMt loss prevention tools, Financing experience sharing, Debt resolution strategy as well as Creative Hub- embracing metering, energy theft management, performance and ease of payment, among host of others.
