Sub-Saharan installed power capacity to reach 380GW by 2040
Besides, power generation in Nigeria has dropped from the 3,953.93MW/H it recorded last week 3,925.72MW/H, while energy sent out also dropped from 3,877.71MW/H to 3,841.22MW/H as at Monday this week, the Presidential Taskforce on Power (PTFP), has said.
According to PTFP fact sheet released on Monday, the country’s peak demand for electricity has increased from 4,143.78MW/H it recorded in 2014 to 14,630MW/H.
The survey titled: “A new Africa energy world: A more positive power utilities outlook”, stated that nonetheless 530 million people, primarily in rural communities, are expected to remain without power.
“But difficulties such as the investment barriers facing the sector are being addressed. An era of rapid technological change is also coming at a pivotal time in the expansion of African power infrastructure. We look ahead to the future world of electricity in Africa as well as taking a hard look also at the key challenges the power sector faces today”, it added.
According to the report, investment in generation and other infrastructure advances will mean that load shedding will be the exception rather than the rule by 2025.
It said that insufficient generation and creaking infrastructure mean that planned power outages and load shedding are well-established feature of life for many African power consumers.