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Tariff Increase: Yay or Nay?
Nigeria’s electricity customers have been expecting a tariff increase since 2015 while several nations have incrementally increased their tariffs. Nigeria’s electricity customers dread the reality of an increase in tariffs especially without receiving adequate electricity supply. The tariff increase has been postponed a few times this year already; The most […]
Africa’s Renewable Energy-Friendly Bank
Renewable energy has been identified as a solution to Nigeria’s widening electricity deficit. But despite recent gains in renewable energy deployment, access to finance remains a barrier to accelerating growth in the sector. Sterling bank is hoping to change this narrative through its approach to renewable energy development. Dele Faseemo, […]
The Deadly Sins of Solar
In recent years, there has been an increase in the popularity and adoption of solar power. While solar is increasingly replacing generators for some, many still are not yet sold on the technology. This apathy stems mostly from previous experiences with solar. Consumers are often incapable of adequately assessing their […]
A New Dawn: Siemens Power Deal
The Siemens Nigeria Power Deal was introduced to rehabilitate and then expand Nigeria electricity supply by 25,000 by 2025. In May 2020, Federal Government approved the release of funding for the first part of Phase 1 of the PPI, to kick-off the pre-engineering and concession financing workstreams. In this episode, […]
The Potentials of Energy Storage Systems
In recent years, there has been an increase in the popularity and adoption of renewable energy. This push has been bolstered by the fall in the price of these storage options. Over the past decade, prices for lithium-ion batteries fell by over 80 per cent. In this episode, Justin Tinsey, […]
Nigeria Electricity Supply Industry 2020: The Story So Far
The year 2019 ended on a high for the Nigerian electricity industry, The Siemens power deal was signed. The first phase of the deal was approved in May 2020, but progress seems to be stalled as Nigeria much like the rest of the world face a global pandemic. Earlier in […]
Vision 2022: Nigeria Renewable Energy Outlook
The Nigerian renewable energy space has witnessed some growth in the past couple of years even though this growth has been restricted to solar off-grid solutions. Despite this progress, the sector is still saddled with challenges that threaten to slow down the spate of progress. In this episode, Segun Adaju, […]
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