Power Sector System Collapse Led to N4.6 Billion Loss in 3 Days

Electricity-poles

The system collapse experienced in the power sector between January 2 and 4, 2018 meant 9,162.7 megawatts (MW) of power was not generated due to non-supply of gas and the Federal Government lost more than N4.6billion in revenue, The Guardian reports.

A breakdown of the statistics showed that on January 4, 2018, the average power sent out was 3,090MWh/hour, 3133MW was not generated due to unavailability of gas as a result of which the power sector lost an estimated N1,576,000,000.

On January 3, the average power sent out was 2,596MWh/hour, 3354.3MW was not generated and consequently, the power sector lost an estimated N1,682,000,000. Also, on January 2, the average power sent out was 3,475MWh/hour.

The statistics indicated that gas constraint caused non-production of 2675.4MW, while line constraint caused a shortfall of 58MW and the power sector lost an estimated N1,312,000,000. The statistics were obtained from the Advisory Power Team in the office of Vice President Yemi Osinbajo.

Source: Energy Mix Report

(Visited 28 times, 2 visits today)

Top
Powered by Nextier