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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

Africa-energy-power-connectivity

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

Generation

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GenCos Seeks NERC Capture of Stranded 2,000 Megawatts as Available Capacity

The debate over the about 2,000MW of energy said to have been rejected by Electricity Distribution Companies (DISCOs) came up Monday at a two day stakeholders’ consultation forum in Abuja, as the electricity Generation Companies (GenCos) urged the Nigeria Electricity Regulatory Commission (NERC) to classify it as part of the available generation capacity in the

Transmission

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TCN Records 15 System Collapses in 2017

The Transmission Company of Nigeria (TCN) has so far recorded 15 system collapses in 2017, indicating strong evidence of the weakness of the transmission infrastructure to wheel power from the generation companies to the distribution companies, THISDAY has learnt. According to the second quarter 2017 performance scorecard by the Nigerian Electricity Regulatory Commission (NERC), which

Distribution

Sunday-Oduntan

ANED Addresses Load Rejection Allegation Against DisCos

Recently, there has been a relentless drumbeat about load rejection, with the electricity distribution companies (DisCos) as the principle culprits in this practice. Unfortunately, much of the information provided on this issue seems to be mischievous or misinformation. While we readily appreciate the fact that a lot of work and investment does need to go

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