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General Electric splits into two, Vernova unit emerges as independent powerhouse
April 4, 2024FeatureGenerationNewsPowerRenewablesTechnology

General Electric splits into two, Vernova unit emerges as independent powerhouse

Oredola Adeola   General Electric (GE) has completed the spin-off of GE Vernova, its renewable energy, power, and digital businesses, which has begun trading on the New York Stock Exchange (NYSE) under the ticker symbol “GEV” as a standalone company.…

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PowerUp ED, Adegbemle explains NERC’s tariff review, highlights efforts to protect consumers, vows to ensure DisCos’ accountability 
April 4, 2024DistributionDocumentaryGasGenerationImpactInterviewNewsPower

PowerUp ED, Adegbemle explains NERC’s tariff review, highlights efforts to protect consumers, vows to ensure DisCos’ accountability 

  … says “Affluent Nigerians to pay full electricity tariff “Government electricity subsidy shifts to vulnerable customers from April 2024”   Mr. Adetayo Adegbemle,  Executive Director of PowerUp Nigeria, a leading voice in Nigeria’s power sector has in this exclusive…

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 Electricity tariff hike looms, as NMDPRA sets 2024 gas prices: Power sector sees surge to $2.42/mmbtu
April 1, 2024DistributionGasGenerationNewsPower

 Electricity tariff hike looms, as NMDPRA sets 2024 gas prices: Power sector sees surge to $2.42/mmbtu

Oredola Adeola   The Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) has unveiled the domestic base price (DBP) and wholesale prices of natural gas for 2024, increasing the gas price for power Generation Companies (GenCos) from $2.18mmbtu to $2.42/mmbtu, while…

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TCN warns of threats to Abuja facilities, urges vigilance in surrounding areas
April 1, 2024DistributionGenerationNewsPowerTransmission

TCN warns of threats to Abuja facilities, urges vigilance in surrounding areas

  Oredola Adeola The Transmission Company of Nigeria has issued a warning of potential attacks on its facilities in Zuba area of the Federal Capital Territory, FCT, urging residents of the area and environs to stay vigilant.   Ndidi Mbah,…

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Continuing with Diesel driven trucks for gas transportation, delivery in Decade of Gas is an economic paradox- Iheme, MD Gasavant
April 1, 2024DocumentaryGasGenerationInterviewLocal ContentMidstreamNewsOil & GasPowerTransmissionUpstream

Continuing with Diesel driven trucks for gas transportation, delivery in Decade of Gas is an economic paradox- Iheme, MD Gasavant

    … says “infrastructure key to achieving 10kg per capita gas consumption target in Nigeria” … urges private sector to lead Diesel-to-Gas facility conversion efforts   Engr. Emeka Iheme, Managing Director, Gasavant Africa, a Gas Infrastructure Development firm who…

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Adelabu vows to clear N1.4 trn NBET debt to Egbin Power
March 29, 2024FinanceGasGenerationNewsPower

Adelabu vows to clear N1.4 trn NBET debt to Egbin Power

… makes commitment to address GenCos gas, forex hurdles   Oredola Adeola   Adebayo Adelabu, Minister of Power has assured a gradual settlement of the over N1.4 trillion owed to Egbin Power by the Nigerian Bulk Electricity Trading Plc for electricity generated…

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Mainstream Energy to co-host IHA roundtable at African Hydropower Week in Abuja
March 19, 2024Energy TransitionGenerationGreen FinanceHydroplantNewsPower

Mainstream Energy to co-host IHA roundtable at African Hydropower Week in Abuja

Oredola Adeola    Mainstream Energy Solutions Ltd (MESL) has announced the plan to collaborate with the International Hydropower Association (IHA) to co-host a High-Level Roundtable during the forthcoming African Hydropower Week in Abuja, Nigeria in May 2024, uniting senior decision-makers…

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Electricity Act 2023: NERC hosts three-day retreat for HoR Power Committee 
March 18, 2024DistributionGenerationNewsPower

Electricity Act 2023: NERC hosts three-day retreat for HoR Power Committee 

  Oredola Adeola The Nigerian Electricity Regulatory Commission (NERC) has organized a three-day retreat for the House of Representatives Committee on Power, with the aim of fostering deeper collaboration and understanding of the Electricity Act 2023 to boost synergy and…

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President Tinubu extends Dr. Idris’s leadership at Nigerian Nuclear Regulatory Authority for another five years
March 18, 2024AdvertorialDocumentaryEnergy TransitionEnvironmentGenerationNewsNuclearPowerRenewablesSecuritySustainability

President Tinubu extends Dr. Idris’s leadership at Nigerian Nuclear Regulatory Authority for another five years

    Oredola Adeola   President Bola Tinubu has reaffirmed trust in Dr. Yau Usman Idris by granting him a second term as Director General/CEO of the Nigerian Nuclear Regulatory Authority (NNRA), effective February 18, 2024, extending his tenure for…

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Abuja, Eko, Ikeja receive 611MW, 513MW, 603MW respectively, as load allocations increase to 3,470MW  in 3 days
March 13, 2024DistributionFeatureGenerationImpactNewsPowerTransmission

Abuja, Eko, Ikeja receive 611MW, 513MW, 603MW respectively, as load allocations increase to 3,470MW  in 3 days

Oredola Adeola   The Transmission Company of Nigeria (TCN) has ramped up load allocation to all electricity Distribution Companies (DisCos) with an average of 3,470MegaWatts distributed between Monday, March 11 and Wednesday, March 13, 2024, Advisors Reports’ analysis of load…

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