2019
DOI: 10.26889/9781784671495
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Overcoming the market constraints to on-grid renewable energy investments in Nigeria

Abstract: The contents of this paper are the author's sole responsibility. They do not necessarily represent the views of the Oxford Institute for Energy Studies or any of its members.

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Cited by 11 publications
(10 citation statements)
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“…The lack of financial viability of the power sector has deterred domestic and foreign investment. This is principally due to the absence of a cost-reflective tariff; significant collection losses by distribution companies (DisCos) because of non-metering and non-payment of bills by consumers; and capped domestic gas prices that drive producers to export markets 25,32,33,36,37 . Electricity tariffs are set by the Nigerian Electricity Regulatory Commission (NERC), the power sector's regulator.…”
Section: Overview Of the Nigerian Power Sectormentioning
confidence: 99%
“…The lack of financial viability of the power sector has deterred domestic and foreign investment. This is principally due to the absence of a cost-reflective tariff; significant collection losses by distribution companies (DisCos) because of non-metering and non-payment of bills by consumers; and capped domestic gas prices that drive producers to export markets 25,32,33,36,37 . Electricity tariffs are set by the Nigerian Electricity Regulatory Commission (NERC), the power sector's regulator.…”
Section: Overview Of the Nigerian Power Sectormentioning
confidence: 99%
“…The generation plants have a total installed capacity of 6910MW generated mainly from hydro power and fossil fuel (oil and natural gas) with a ratio of 27.9% and 67.2% respectively (AFDB, 2011; National Energy Policy (NEP), 2003). Nigeria's grid supplies underperform as compared to other developing countries (Adeniyi, 2019). This is because more than half of the electricity generated is estimated to be off the grid, mostly by diesel and gasoline generators.…”
Section: Current Status Of the Power Industry In Nigeriamentioning
confidence: 99%
“…Rural electrification rates in developing countries remain considerably low, with an estimated 1.6 billion people still living without access to electricity [1]. Estimates for Nigeria's total installed and operational capacity are pegged at 12,310 MW and 7788 MW, respectively, with approximately 3750 MW available annually [2]. These metrics are for 28 on-grid power plants plagued with gas and water shortages, and frequent breakdowns due to commercial and technical grid constraints [2].…”
Section: Introductionmentioning
confidence: 99%
“…Estimates for Nigeria's total installed and operational capacity are pegged at 12,310 MW and 7788 MW, respectively, with approximately 3750 MW available annually [2]. These metrics are for 28 on-grid power plants plagued with gas and water shortages, and frequent breakdowns due to commercial and technical grid constraints [2].…”
Section: Introductionmentioning
confidence: 99%