The World Bank has appreciated Ethiopia’s progress and reaffirmed the Bank’s steadfast commitment to supporting the…
Category: Prospects & Challenge
Minister Adelabu Urges Action on Power Sector Challenges
Chief Adebayo Adelabu, Minister of Power, expressed concerns about Nigeria’s power sector challenges, citing issues like…
British Drax to Launch Carbon Removal Business
Drax, the British power plant operator, plans to establish an independent business focused on becoming the…
EU Agrees on 90% Carbon Emissions Cut for Heavy-duty Vehicles
The European Council has said in a statement that the EU Council and Parliament have reached…
Financing Clean Energy Projects: Opportunities and Challenges and Opportunities in Africa
Despite having one-fifth of the world’s population, Africa currently accounts for only 3% of global energy…
Saudi Arabia, Russia to Continue Additional Voluntary Oil Cuts
Major oil exporters, Saudi Arabia and Russia, have confirmed that they would continue their additional voluntary…
India’s Local Carbon Tax to support Green Energy Transition
India plans to tax high-carbon goods locally. The goal is to support its green energy transition…
LNG Export Permit Impacts Global Supply and Industry
The U.S. Department of Energy (DOE), under President Biden, has significantly extended the review process for…
NERC’s New Directive Addresses Refunds for Prepaid Meters
The Nigerian Electricity Regulatory Commission (NERC) has instructed customers to request a refund in the form…
Nigeria’s National Grid Suffers Instability
In Nigeria, only the Delta Power plant was generating power at noon, producing 41MW, with Afam…