Oil & Energy
Tinubu Assures On Reliable Energy For Industrialisation
President Bola Ahmed Tinubu has said Nigeria’s plans to become industrialised, create jobs and achieve economic growth cannot be achieved if reliable energy is not generated, transmitted and distributed.
Tinubu reiterated that he had promised to prioritize energy availability and stability while using available energy resources to increase power generation beyond the current capacity and strengthen the integrity of the transmission infrastructure while distribution bottlenecks are removed.
Speaking at the Groundbreaking Ceremony of the Gwagwalada Independent Power Plant (GIPP) Project in Abuja, Friday, President Tinubu said “we cannot be productive without energy efficiency. To accelerate our economic growth, we must remove every obstacle on our way to progress”.
In his address, the Group Chief Executive Officer, NNPCL, Mele Kyari, noted that Nigeria has abundant gas resource which NNPCL as a commercial enterprise was leveraging on to monetize the available resources by expanding access to energy to support economic growth, energy access, industrialization and job creation.
Kyari described the project as a giant step towards achieving the NNPC’s goal of adding 5GW to the national power generation by 2024
He revealed that the NNPC and partners are currently delivering about 800MW to the national grid from Afam Vl and Okpai Phase thermal power plants with combined installed capacity of 1,100MW, adding that the Okpai Phase 2 project that would add up to 320MW of power to the national grid and progressing with other power plant projects across the country including those along the AKK pipeline route has been completed.
Kyari added that the Gwagwalada IPP is among the NNPC flagship power projects along the AKK corridor serving as part of the 3,600MW cumulative power capacity, including Kaduna IPP (900MW) and Kano IPP (1,350MW).
He said it would be delivered in collaboration with General Electric as the Original Equipment Manufacturer (OEM) and China Machinery and Engineering Corporation (CMEC) as the Engineering, Procurement and Construction (EPC) Contractor.
“Our ambition is to create capital power plants across the country in small scale where transmission issues will not become a major concern.
“Expanding access to energy will change the game, it will create a better investment climate and promote balanced economic growth, a win-win situation for the Nation and for NNPC as a commercial company”, he said.
The project, according to NNPCL, was necessitated by the need to deliver gas towards achieving additional power generation capacity in Nigeria and make a substantial contribution to the positioning of gas as the preferred fuel for power.
The first phase of the project has a capacity of 350MW consisting of one gas turbine and one steam turbine
Situated on 54.7 hectares of land at Gwagwalada, Abuja, the project has a combined cycle of three power train blocks of 4500 megawatts (MW) each, Two gas turbines, Two heat recovery and steam generators, one steam turbine and can generate 10.3m MW per hour of electricity.
Oil & Energy
‘Revamping Moribund Refineries ‘ll Address Rising Cost Of Petroleum Products’
Oil & Energy
The Race To Cut Methane Emissions Is Exposing A Global Divide
By Felicity Bradstock for Oilprice.com 16
Oil & Energy
Delta Targets 120MW Power Boost, Moves To Cut Reliance On National Grid
The State Commissioner for Works (Rural Roads) and Public Information, Charles Aniagwu, disclosed this at a press conference in Asaba, weekend, noting that the initiative was part of wider reforms aimed at opening up the power sector to private investors.
Aniagwu, who was accompanied by the Executive Assistant to the Governor on New Media, Felix Ofou, said the state was exploring alternative sources of electricity to support businesses, households and communities while reducing pressure on the national grid.
He said the government was particularly interested in exploiting Delta’s abundant natural gas resources for power generation, pointing to the Kwale Free Trade Zone, which is part of the state’s special economic zone, as a major opportunity for investors.
According to him, prospective investors were taken to the zone during the state’s recent economic summit to enable them to assess the availability of gas as a key raw material for electricity generation. ComparePower Rates
The commissioner explained that generating more electricity locally would not only increase supply in Delta but also free up power on the national grid for use by other consumers.
Aniagwu cited the 8.5MW Independent Power Plant located behind the state secretariat in Asaba as an example of what could be achieved through alternative power sources.
He said the facility had enabled the secretariat complex to operate independently of the national grid, thereby making the electricity that would otherwise have been consumed there available to other users.
He added that the planned 120MW partnership with Supply Power would further strengthen the state’s electricity supply capacity and provide a more reliable power base for small and medium-sized enterprises.
Aniagwu said the state government was also intervening in areas traditionally regarded as the responsibility of electricity distribution companies because inadequate power supply could no longer be allowed to constrain economic development. LearnQuantum Physics
He identified the extension of the electricity grid from Abraka towards the Ndokwa axis as one of the interventions being undertaken to connect more communities to electricity.
The commissioner, however, raised concerns over the burden placed on communities that are often required to provide transformers and other electricity infrastructure, only for distribution companies to take over the facilities and subsequently collect electricity bills without adequately accounting for the investments made by the communities.
He said the state would continue to support efforts aimed at energising communities, noting that improved electricity supply would stimulate businesses, create jobs and help tackle social problems associated with unemployment and idleness.
On regulation, Aniagwu said the government was working with the Ministry of Energy and a committee set up to develop an appropriate regulatory framework for the state’s emerging power sector. SwitchEnergy Plans
He said the proposed energy commission would be responsible for regulating new electricity producers, determining appropriate tariffs and overseeing distribution networks.
The commissioner stressed that liberalising the sector required effective regulation to protect consumers and investors, adding that decisions on power distribution infrastructure, including the use of overhead or underground lines, must take into account the peculiarities and safety requirements of each location.
He warned that power expansion without adequate regulation could expose residents to electrocution and other hazards, stressing the need to protect electricity infrastructure while ensuring consumers were not subjected to unfair pricing.
Aniagwu said the state government’s broader objective was to build an efficient and sustainable electricity market driven by private investment and capable of powering businesses, households and communities across Delta State.
-
Rivers5 days ago
Don Seeks Repositioning Of Tech Education For Dev
-
Education5 days agoPAMO MEDICAL UNIVERSITY -Nullifies Arrest warrant on VC
-
Niger Delta5 days ago
PANDEF Seeks 50% Oil Derivation Allocation Increase
-
Education5 days agoIAUE MOVES TO END GHOST WORKERS SYNDROME AS 400 NEW NON-TEACHING STAFF UNDERGO MANDATORY ETHICS TRAINING
-
News5 days agoFresh Ebola Scare As NCDC Records Two Cases
-
Rivers18 hours ago
NUJ Set To Attend UNIPORT’s 217th Inaugural Lecture
-
News18 hours agoNJC Suspends Three Judges, Sanctions Eight Others
-
News5 days ago
Customs Partners EFCC, NDLEA, Others To Tackle Money Laundering, Terrorism Financing
