Discos Boost Revenue to N100bn Amid Power Shortages

Amid low power generation complaints, Nigeria’s electricity distribution companies (Discos) raised monthly revenue from N95 billion…

Ireland to Cap Revenues Made by Wind and Solar Power Generators

Irish government to introduce a cap on revenues. Excess revenue collected will be used to support…

Scotland Breaks Record In Renewable Energy Generation

Scotland breaks record in renewable energy generation. 16.7GW of renewable electricity is estimated in the pipeline.…

Saudi Arabia Discloses Incentives to Support Green Energy Generation

The Government of Saudi Arabia plans to invest in green hydrogen production. It intends to introduce…

UGANDA: Uganda’s Sole Distribution Company Faces Revenue Losses

UMEME losses revenue This is the second year of declining revenues for the power distributor The…

NIGERIA: National Assembly Demands 5% of GenCos Revenue

National Assembly moves to reserve 5% GenCos revenues Bill scales 2nd reading To use 5% for…

Brazil Grants Emergency Authorization for Thermal Generation

Brazil issued emergency authorization for thermal generation Contracts to last up to six months Brazil faces…

Revenue Losses Continue in the Power Sector – APT

The APT report puts revenue losses at ₦22.2bn Nigerians did not enjoy stable electricity during the…

Power Generation Increased by 93% – GenCos

The increment took place over 7 years GenCos bemoan the sectors inefficiencies GenCo investment has not…

Nigeria Loses $2bn in Revenue to Gas Flare

Nigeria loses gas and billions in revenue to gas flare NGEP Chairman stated this over the…