Electricity Generation in Nigeria by Limult
Nigeria is endowed with large oil,
gas, hydro and solar resources, and it has the potential to generate 12,522 MW
of electric power from existing plants. On most days, however, it is only able
to dispatch around 4,000 MW, which is insufficient for a country of over 195
million people. Power Africa technical support to distribution companies in
Nigeria helped them increase revenue by over $250 million - money that can be
reinvested into the distribution network, improving service and expanding
access. The Nigerian power sector experiences many broad challenges related to
electricity policy enforcement, regulatory uncertainty, gas supply,
transmission system constraints, and major power sector planning shortfalls
that have kept the sector from reaching commercial viability.
Electric Demand and Electrification rate
Nigeria has an electrification rate of 45% and despite this relatively low figure in conjunction with the significant issues undermining power supply in the country, demand for electricity keeps increasing. In 2015, power supply in Nigeria averaged 3.1 GW, which was estimated to be only a third of the country’s minimum demand, with many consumers forced to rely on privately owned generators.
Causes of Failure in the Electrical distribution In Nigeria
The factors include inconsistent and misguided power reform policies; inefficiency in power generation, transmission, distribution and consumption;
and the incompetent work force of the energy companies.
Having stated the above problems of electrical
distribution in Nigeria, Limult Group is presently leading the path of
sustainable and 24/7 uninterrupted power supply to the above mentioned problems
which are;
- Solving barriers in the gas-to power value chain: this is done by launching a federal coordination mechanism covering gas supplies, generation, transmission and distribution.
- Plan for renewable energy integration: complete development of the 14 planned solar plants.
- Investing in new grid infrastructure to facilitate integration of intermitted source.
- Integrate mini-grids into DisCo networks to supply power to underserved areas.
Contact Us at +2347052446249 for more information on our redefining industry development services or visit our store at www.limult.com/shop to see more products that we make available for the people.
