On April 3, 2024, the Federal Government, acting through the Nigerian Electricity Regulatory Commission (NERC), implemented…
Search Results for: electricity prices
NERC Approves Electricity Tariff Increase by 240%
The Nigerian Electricity Regulatory Commission (NERC) has approved the implementation of a new electricity tariff for…
Oil Prices Increase After OPEC+ Extends Output Cuts
Oil prices increased slightly on Monday, March 4, following the widely expected extension of voluntary output…
KPLC Explains Why Token Prices Are High in Kenya
Kenya Power and Lighting Company (KPLC) Managing Director Joseph Siror has provided the reason why the…
Greece’s Electricity Connection to Europe May Generate €17.5bn – Report
A recent study by KPMG has shown that Greece could generate billions of euros for its…
Despite Electricity, Forex Challenges, Africa Records 40% of Investments in Greenfield MegaProjects in 2022 – AfDB
In its January 2024 report on Africa’s economic performance and macroeconomic outlook, released February 16, 2024,…
Zimbabwe Energy Regulator Hikes Fuel Prices Effective from January 4
The Zimbabwe Energy Regulatory Authority (ZERA) has raised fuel prices effective January 4, 2024, despite fuel…
MAN Projects 3.2% Growth, Electricity Act Execution in 2024
The Manufacturers Association of Nigeria (MAN) has projected sectoral real growth to hit about 3.2 per…
Portugal Generates 61% Electricity from Renewables
REN, Portugal’s grid operator, said renewable power sources supplied 61% of electricity to the country in…
NIGERIA’S MEASURES TO PROTECT CONSUMERS FROM RISING ENERGY PRICES
Subsidies have been a primary tool the Nigerian government employs to mitigate the impact of rising…