Breaking News

FG re-states commitment to pursue renewable, low carbon energy at low cost

The Federal Government says its commitment to attain a 30 per cent  renewable and low carbon energy at low cost  by 2030 in the country  is clear, firm and unshaken.

The Minister of Power, Works and Housing, Mr Babatunde Fashola,  re-stated government’s commitment at the third edition of the Africa Today Summit in Abuja on Tuesday.

The summit is a platform designed to discuss issues relating  to  African economies with a view to  advising governments on best policy measures to improve their economy.

The theme of the 2017 edition, “Energy Option in a Low Cost and Low Carbon World, which way Nigeria and Africa“,  was convoked to discuss how best to harness the vast opportunities in the renewable resources in the country.

Fashola said government’s commitment to change the power  outlook for Nigeria and exploit opportunities for renewable energy at a low cost and low carbon was being driven by necessity, contract and policies.

Fashola, represented by the Minster of State for Power,Works and Housing, Mr Suleiman  Hassan,  recalled  that  available   power in May  2015 was 2,690 MW with  85 per cent of  the power generated by gas  fired  plants.

This, he said, made the nation vulnerable whenever there was a gas shortage or  damage to gas pipelines and assets.

This, he further  said, resulted to government’s plan to  diversify the nation’s  energy sources and optimise other assets for power production by producing an energy mix that targeted 30 per cent  renewable  energy by 2030.

According to him, government  had matched  its plans  with actions  by signing 14 solar Power Purchase Agreement (PPAs) with 14 developers with the potential to deliver over 1,000 MW of solar power.

To further drive the renewable plans, Fashola said: “We have resolved problems that stalled work at the Zungeru 700 MW hydro power plant with a new completion date of 2019.

“We have also now awarded the 3,050 MW Mambilla hydro power plant after over 40 years of its initial conception.“

He said that government, in addition, was in advanced stages of procurement for 6 small hydro dams for private sector operation.

Fashola said that government was also pursuing renewable energy contract to diversify  the energy sources from gas and provide some energy security.

“The solar and hydro projects I have referred to are parts of our contribution to this global commitment.

“We have also moved to seek to improve efficiency by completing the Energy Efficiency Building Code that will form part of our National Building Code, to help us develop energy efficient buildings and reduce our carbon foot print.“

On Policy,  he said government was also being  driven by policy embedded in the Economic Recovery and Growth Plan (ERGP), where one of the five pillars  was energy sufficiency in power and petroleum products.

He said government  had  expanded the National Grid capacity for on- grid power from 5,000 MW in 2015 to 6,900 MW in September.

He said  the approval of mini grid  regulations to guide registration and licensing for small consumers and off-grid developers to produce up to 100 kilowatts and over 100 kilowatts  had started yielding results.

In his presentation, Gov. Darius Ishaku of Taraba said what Nigeria required to solve its power supply deficit was to develop small power projects in the country.

He said that accelerated construction of renewable mini power projects in all parts of the country would drastically reduce the challenge of power supply in the country.

According to him, the development of the small renewable plants and the  transmission of electricity  via the plants will unlock massive job opportunities in the country, especially in the rural areas.



Comments expressed here do not reflect the opinions of vanguard newspapers or any employee thereof.