On April 3, 2024, the Federal Government, acting through the Nigerian Electricity Regulatory Commission (NERC), implemented…
Search Results for: electricity price
NERC Approves Electricity Tariff Increase by 240%
The Nigerian Electricity Regulatory Commission (NERC) has approved the implementation of a new electricity tariff for…
NMDPRA Sets Nigeria’s Gas Base Price for 2024 at $2.42/MMBtu
The Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) has set an official natural gas base…
Kenya to Grant IPPs Licences for New Electricity Market
Kenya’s Ministry of Energy has announced plans to grant Independent Power Producers (IPPs) licences as part…
Oil Prices Increase After OPEC+ Extends Output Cuts
Oil prices increased slightly on Monday, March 4, following the widely expected extension of voluntary output…
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…
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,…
IPMAN Blames NMDPRA’s 600% Tariff Increase for Petrol Price Hike
The Independent Petroleum Marketers Association of Nigeria (lPMAN) have blamed the over 600 per cent increase…