Power generation hits 3,657.02MW
According to the Presidential Taskforce on Power (PTFP), of the 3,657.02MW generated, 3,584MW was distributed for consumption while the balance was used to stabilise the system. The PTFP, which disclosed this in its latest report dated June 16, 2015 stated that the figures were still below the nation’s over 12,000mw estimated peak demand.
It disclosed that the gas volume has also increased nationally from 550mmscfd in 2010 to 1,340mmscfd though parts of the energy are still stranded in the East.
The task force stated this at a recent presentation of a report on the Nigerian Power Sector Reform: Progress, Status, Issues and Outlook in Lagos.
It said that there has been continuous power increase until mid 2013 when vandalism of crude oil and gas pipeline infrastructure was exacerbated. The report noted that over 200 incidences on Trans Niger crude Pipeline (TNP) in the east were affecting Okoloma gas supply.
It said that regular interruptions on the west through the Trans Forcados crude oil Pipeline (TFP) was also affecting gas supply in the west. On the way forward, the task force further stressed that the project and business implementation in the sector must be on a commercial basis to ensure sustainability and provide investments.
The report added: “non payment for services received is a guarantee for failure. Contracts must be put in place to guide relationships.
There is a need for effecting discipline in the market place to assure compliance. Training must be given priority always to assure quality in development of staff – Academia and Industry must work together. Diversification of energy sources is a must and not an option.”
It stressed the need for regulators in the industry to be consistent, reliable and respectable to give comfort to investors. “ Concept of Government subsidy is a recipe for non performance though Guarantee may be unavoidable.
We must use other people’s money for development of the country (10,000 MW) and individuals as per the practice in the developed countries.
Nigeria is blessed with options for providing power to its citizens and we must commence utilization of the various resources by diversification into coal, renewables, solar, small and large hydro, nuclear while optimizing the use of gas with its highest efficiency of combined cycle”, it stated.
It noted that Cooperation and Research between academia and industry was a mandatory requirement to develop new ideas, reduce cost and provide jobs domestically.
“Nigeria is blessed with options for providing power to its citizens and we must commence utilization of the various resources by diversification into coal, renewables, solar, small and large hydro, nuclear while optimizing the use of gas with its highest efficiency of combined cycle,” it added.
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