Vandalism has increased significantly in several areas of the country since the end of 2023. The…
Category: Prospects & Challenge
Nigeria’s Electricity Market Faces ₦151.30 Billion Deficit in 2023
The Nigerian Electricity Regulatory Commission (NERC) has reported a total deficit of ₦151.30 billion in Nigeria’s…
Electricity Tariff Hike Looms in Nigeria Amid Increasing Subsidies
In October 2024, the Nigerian government may introduce another electricity tariff hike as monthly power subsidies…
Ecuador Cuts Power in its Provinces Amid Historic Drought
Ecuador‘s government announced the suspension of electricity service for nine hours on September 22 in 12…
Balancing Green Transition and Economic Stability in the Global Power Sector
In May 2024, American Economist Michael Spence wrote in Project Syndicate about how the power sector…
Equinor Abandons ‘Blue Hydrogen’ Plans in Norway
Norwegian energy giant Equinor has scrapped plans to produce blue hydrogen in Norway, citing high costs…
MDCAN Welcomes Electricity Tariff Reduction for Health Facilities
The Medical and Dental Consultants Association of Nigeria (MDCAN) has supported the federal government’s decision to…
Saudi Arabia Unveils Nuclear Programme Groundwork
Saudi Minister of Energy Abdulaziz, bin Salman bin Abdulaziz Al Saud, told the 68th Session of…
Nigeria’s Power Generation Drops 45.4%, Sparking Calls for Reform
Power generation in Nigeria saw a dramatic 45.4% decline yesterday, dropping to 2,777.04 megawatts (MW) after…