International News

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Global Energy Investment Slumped 12% to $1.7trn in 2016

The world’s total energy investment was $1.7 trillion in 2016, having dropped by 12 per cent from 2015 in real terms and accounted for 2.2 per cent of global gross domestic product (GDP), World Energy Investment 2017 has revealed. The WEI, a publication of International Energy Agency, which was released in July, noted that increase


Absence of Electricity Inimical to Africa’s Development – S’Africa Minister

Lack of electricity in Africa remained one of the biggest barriers to the region’s development and prosperity, and continues to trap millions of people in extreme and abject poverty, according to South Africa Minister of Power, Lynne Brown. Brown who gave this assertion in a speech delivered at the just concluded Power-Gen Africa Conference in

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Hydro, Wind and Solar Make Inroads in California’s Electric Grid

Wetter weather and continued growth in renewable energy sources resulted in some big changes in electricity generation in California in 2016, according to numbers recently released by the California Energy Commission. Natural gas still accounted for the largest single share of in-state power generation but the amount deployed dropped 10 percent last year. The difference was



NAEE Wants FG to Diversify Into Alternative Energy Sources

The Nigeria Alternative Energy (NAEE) and the Sustainable Energy Practitioners Association of Nigeria (SEPAN) have urged the Federal Government FG to diversify the power sector by fully looking into alternative energy sources. The Chairman, NAEE, Dr Magnus Onuoha stated this on wednesday, at the 7th edition of the Nigeria Alternative Energy Expo in Abuja. According


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TCN Restores Second 330kV Jebba-Kainji, Ajaokuta-Gwagwalada Lines

The Transmission Company of Nigeria (TCN) said it has successfully restored and energised the second 330KV power transmission line 1 from Jebba to Kainji, and the Ajokuta – Gwagwalada 330kV Double Circuit transmission line 11, The News reports. A statement by TCN’s General Manger, Public Affairs, Mrs Ndidi Mbah, in Abuja on Saturday said the



DisCos Paid N9.6 Billion out of 42 Billion July Energy Bill – NBET

The Nigerian Bulk Electricity Trading Plc (NBET) said the 11 Distribution Companies (DisCos) only paid N9.6 billion for an energy invoice of N41.96 billion supplied to them in July 2017, leaving a deficit of N32.3 billion, Daily Trust reports. In its market payment update published yesterday, NBET said 3,907 megawatts hour (mwh) of electricity was generated in

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