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Stranded power up by 263%
- A total of 3,742MW stranded as of 2020
According to data obtained by the Vanguard Newspapers, stranded power in the country rose by 263% as of 2020. A total of 1,031MW energy generated was recorded as stranded power at the time of the privatization of the power sector in 2013. Following the privatisation, the total amount of stranded power has risen to 3,742MW.
Energy generated is said to be stranded when it cannot be transmitted or distributed due to system and infrastructure failures. For a long period of time, the inefficiencies of the transmission network have prevented the evacuation of energy generated resulting in stranded power in the Eastern region of the country. On the part of the Distribution Companies (DisCos), the Transmission Company of Nigeria (TCN) has continuously accused the DisCos of Load Rejection.
On the other hand, average energy generated and installed capacity saw a 27.2% and 84.93% increase respectively. According to the data, at the time of privatisation in 2013, a total of 3,184MW was the average energy generated. At the end of 2020, the average energy generated was 4,050MW. The installed available capacity at the time of privatisation was 4,214MW compared to 7,793MW at the end of 2020.