REA To Power 500,000 Businesses In Five Years – The Guardian

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Following the recent adoption of new measures by the REA to provide electricity through sustainable off grid solutions to under-served and un-served communities and Micro, Small, Medium Enterprises (MSMEs), the REA, has reiterated its commitment to reach 500,000 small businesses within 350 economic clusters over the next four to five years.

The agency said its goal, which is in line with FG’s bid to increase energy access and the use of renewable energy solutions, is to boost economic growth by providing MSMEs with the tools to achieve their full potential.

 

The Chief Executive Officer of REA, Damilola Ogunbiyi, at the inauguration of the Sura Independent Power Project (SIPP), in Lagos, said the role of the FG through the agency is critical to the success of the initiative, which is sustained by Power Africa through technical assistance support from Deloitte and Mckinsey.

Ogunbiyi advanced that the agency developed the Off-Grid Electrification Strategy that includes five key elements, which are all at different stages of development – Energising Education Programme, Solar Home System Initiative, Solar Minigrids Initiative, Nigeria Energy Database and Energising Economies Initiative under which the Sura shopping complex is the first completed pilot.

 

 

Fashola a disservice to power sector, says don – The Guardian

An associate professor of Energy Law at the University of Lagos, Yemi Oke, has lampooned the Minister of Power, Works and Housing, Babatunde Fashola, saying he was playing politics with the power sector. He said Fashola’s claim that the present administration has done more in the country’s energy sector than what previous administration did in 16 years was not true.

 

He also criticised Fashola for engaging in constant warfare with the Association of Electricity Distribution Companies (AEDC), claiming that this would have an adverse effect on the sector.

“Fashola has done a lot of disservice to the power sector by creating acrimonious business atmosphere, not only in the transmission segment. His antagonistic posture is wrong, but the distribution companies have been quite diplomatic in their approach to issues because they do not want to disagree with the minister,” he said.

 

 

Power generation drops, as GENCOs now operate below capacity

GENCOs operating in Nigeria are now compelled to operate below their maximum installed-capacity, just as the total power generation in Nigeria has been hovering between 3,000 MW and 3,500 MW in the last few months. According to the Nigeria Electricity System Operator, Nigeria’s total power generation stood at 3,741.30 MW of electricity as at 6 am on Sunday, October 28, 2018.

Responding to the drop in power generation, the Executive Secretary, Association of Power Generation Companies, the umbrella body for the GENCOs in Nigeria, Dr Joy Ogaji, traced the cause of the problem to the distribution and transmission chains of the power channel. She said:

“Specifically, generation companies are pinned down by some operational impediments. The frequency of instructions to either increase load or decrease load (ramp up and ramp down) and, in some cases, shut down, has induced damaging stresses to the components of the machines.

“These instructions, reflective of the grid behaviour, are subjecting key electrical components of the power plants to operational stresses. Our available generation has always been steady between 7,500MW and 8,000MW; you can check the records at the National Control Centre, Osogbo.”

 

 

 

 

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