Agence Ecofin TikTok Agence Ecofin Youtube Agence WhatsApp

Electricity

Nigeria has the potential to produce 93,950MW of electricity from renewables

Tuesday, 04 July 2017 13:31

(Ecofin Agency) - Nigeria has been advised to explore renewable energy by using its untapped energy sources, estimated at 93, 950MW, as the country’s energy sector is currently experiencing a chronic crisis.

Nigeria has an untapped potential to produce 93,950MW from carbon-emission-free energy sources, which include small and large hydroelectric power plants, 68 percent and nuclear power, 21 percent. Also, Nigeria has an untapped potential of seven percent solar and photovoltaic and onshore wind, two per cent,” said Bakary Dosso, the UN Economic Commission for Africa (ECA) Chief Sub-regional Officer, Data Centre.

He noted that it is sad that despite such potential, half of the population in Nigeria rely on wood, charcoal, manure and crop residue for energy. Dosso therefore urged the Federal government to tap the renewable energy potential to improve the power situation in the country.

Nigeria has a total installed electricity capacity of 12,522MW and an available current capacity of only about 4,500MW. Existing infrastructure in the country are currently not suitable to meet demands. The recently launched 2016 country profile has highlighted energy as one of the vector in the transformation process of Nigeria’s economy. To achieve this, the nation needs a clear regulatory framework to attract private investment, harmonize the series of measures on the energy supply development with other policies (including transport, employment and education), and also continue to invest in the expansion of the energy network while ensuring its regular maintenance.

Anita Fatunji

 
Finance


 
Mining


 
Telecom


 
Public Management


ECOFIN AGENCY offers a selection of articles translated from AGENCE ECOFIN. Founded in 2011, Agence Ecofin is a leader in Francophone Pan-African economic news, particularly in West and Central Africa. The agency publishes daily news on nine African economic sectors: Public Management, Finance, ICT, Agribusiness, Energy, Mining, Transport & Logistics, Communication, and Training.

AGENCE ECOFIN
Mediamania Sarl
Rue du Léman, 6
1201 Genève
Tél: +41 22 301 96 11

EDITORIAL TEAM
redaction@agenceecofin.com

ADVERTISING SALES
Benjamin FLAUX
bf@agenceecofin.com
Tél: +41 22 301 96 11
Mob: +41 78 699 13 72

 

Please publish modules in offcanvas position.