On April 22, 2024, the Nigerian Electricity Regulatory Commission (NERC) issued an order to transfer the…
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Impact of Battery as a Service on Power Industry Dynamics in Nigeria
Nigeria’s power sector faces numerous challenges, from inadequate generation capacity and unreliable distribution infrastructure. Despite being rich in natural…
Kenya to Permit Private Firms to Import Power
Kenya has disclosed plans to allow private firms in the electricity distribution market to import power…
Edo, Delta, Ondo and Ekiti State Governments to Assert Shareholder Rights in Benin DisCo (BEDC)
The state governments of Edo, Delta, Ondo, and Ekiti have formally communicated with the Nigerian Electricity…
Tony Elumelu Urges Swift Power Industry Overhaul to Spark Economic Revival
Nigerian billionaire Tony Elumelu, known for his significant influence in the nation’s business sector, particularly in…
FG Approves NBET Transition to Energy Trading Platform
The federal government has approved the transition process for the Nigerian Bulk Electricity Trading Plc (NBET)…
Southern African Power Pool Launches $1.3bn Fund for Transmission Lines
The Southern African Power Pool (SAPP) and investment advisers Climate Fund Managers have launched a new…
Transcorp Power Plc Listed on NGX Main Board
Transnational Corporation (Transcorp) Plc subsidiary, Transcorp Power Plc, joins the Nigerian Exchange, NGX Main Board, through…
Ofgem Reduces Energy Price Cap by 12.3%
The Office of Gas and Electricity Markets (Ofgem) has reduced the British domestic energy price cap by…