Daily Archives: May 12, 2017

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Namibian Regulator Approves NamPower’s Bulk Tariff Increase

Namibian Regulator Approves NamPower’s Bulk Tariff Increase

Chief executive of the Electricity Control Board, Foibe Namene, has confirmed the approval of NamPower’s submission for an 8% bulk tariff increase, the Economist reported. Namene said the increase translates to an effective bulk tariff increase from N$1.49 ($0.110) to N$1.61 ($0.119) per kilowatt hour (kWh). She explained that in accordance with the existing legal

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Renewables receive Record Investment in Australia

Renewable energy investment reached a record high in Australia last year, according to a new report issued by the Clean Energy Regulator. The Renewable Energy Target 2016 Administrative Report – entitled “Tracking Towards 2020: Encouraging renewable energy in Australia” – details Australia’s progress towards achieving its 2020 Renewable Energy Target. According to the report, large-scale

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FG gets $5.6bn Offer for 10 NIPP Plants

The Managing Director, Niger Delta Power Holding Company (NDPHC), Mr Chiedu Ugbo, has said that a $5.6 billion (about N1.76 trillion) sales offer has been made for the 10 National Integrated Power Plants (NIPP) plants built with $4bn (about N1.25trn) investment. Mr. Ugbo in an exclusive interview with Daily Trust, said the company jointly owned

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TCN Restores Power to Damboa

THE Transmission Company of Nigeria (TCN) has restored power supply to Damboa in Borno State, over two years after the previous 60MVA 132/33kV capacity transmission station with fully equipped control room and staff quarters was completely destroyed by Boko Haram insurgents. This it said had led to the reduction of the bulk power transmission to

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The Power Transmission Challenge

LAST month, the Association of Power Generation Companies (APGC) reminded the nation that it had the capacity to generate 12,000 megawatts (MW) to reduce the shortfall in electricity supply in the country. Speaking at the Federal Capital Territory, Abuja, the Executive Secretary of APGC, Mrs. Joy Ogaji, said that the generating companies (GENCOs) in the

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Nigeria Needs 10,000GW to Achieve Energy Sufficiency —Experts

Experts have argued that Nigeria will require over 10,000 Gigawatts (GW) of electricity to achieve energy sufficiency and improve its economy. They said the 10,000GW of electricity is achievable if the Federal Government could provide infrastructure, because developed economies such as Japan, United States, China, and others put adequate infrastructure in place before they could

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