Decentralized Renewable Energy an Answer to Poor Energy Infrastructure
With multi-national oil companies looking more to the international market, where projects are huge and leaving the domestic gas market gasping for oil, Nigeria’s power sector doesn’t seem to be getting off the woods just yet.
Nigeria’s electricity power sector is largely dependent on gas. Low gas availability, occasioned largely by poor pricing, transportation infrastructure and a market that is skewed largely in favour of exports, has continued to plague Nigeria’s power sector over the years. This has, in turn, made a huge mockery of efforts to provide efficient and reliable electricity to the country’s large population.
Government spoke recently of a renewable energy plan. While there is limited information on actual implementation strategies, stakeholders are pointing to a new untapped possibility for solving Nigeria’s age-long energy crisis.