The Nigerian Electricity Regulatory Commission (NERC) has organized a workshop in Abuja to present key findings from two pivotal studies related to Nigeria’s grid-scale solar energy program. The studies— the Variable Renewable Energy (VRE) Integration Study and the Solar Auction…
NERC Transfers Electricity Regulatory Oversight in Kogi State to KSERC
In a landmark move following the provisions of the amended Constitution of the Federal Republic of Nigeria and the Electricity Act 2023 (Amended), the Nigerian Electricity Regulatory Commission (NERC) has officially transferred regulatory oversight of the electricity market in Kogi…
NERC Gives Nod to Procure 450 MW for 100 Days from Zungeru Plant Preventing Shutdown
The Nigerian Electricity Regulatory Commission has given approval for an interim arrangement to procure 450 megawatts of electricity from Zungeru Hydro Electricity Generation Company Limited. This was contained in the notice order, NERC/2024/044, signed by the Vice Chairman of NERC,…
NERC unbundles TCN, incorporates Independent System Operator for NESI
… new company to ensure increased system and and market operational integrity …. will refocus TCN on transmission stability and capacity development The Nigerian Electricity Regulatory Commission has issued an order for the incorporation under the corporate affairs commission…
NERC Realigns Subsidy Regime and Service Delivery in the Nesi
The Nigerian Electricity Regulatory Commission (“NERC”) has approved revised electricity rates, stating the increase would only affect customers classified under Band A service category (about 15% of the customer population); a class which, according to the commission, through empirical service…
NERC: Discos fined N10.5bn for non-compliance on estimated billing
11 electricity distribution companies (DisCos) for have been sanctioned for non-compliance with capping of estimated bills for unmetered customers. According to the Nigerian Eelectricity Regulatory Commission (NERC), the sanctions were overdue as a review of the DisCos’ billing of…
NBET signs MoU to boost investments in Nigeria’s power sector
The Nigerian Bulk Electricity Trading Plc (NBET) and Energy Exchange Istanbul (EXIST) have signed a Memorandum of Understanding (MoU) to boost commercial transactions and investments in Nigeria’s power sector. The partnership will help Nigeria improve commercial transactions and revenue collections…