Renewable Energy, The Best Alternative

With only about 47 per cent of Nigerians having access to electricity at the moment and a daily production wobbling between 3000 and 4000 megawatts, there is a need to embrace renewable energy.

The actual available capacity of electricity in Nigeria at the moment swings between 3,000 and 4,000 megawatts out of an installed capacity of 8,000 megawatts.

This is against a current demand of 16,000 megawatts and a plan to produce 190,000 megawatts by the year 2030 according to the Federal Government projections.

Despite granting 20 Integrated Power Plant licences with a capacity for additional 10,000 megawatts, none of the projects have been realised years after and Nigeria has remained mainly in darkness.

The grim picture of the energy situation in the country therefore calls for innovative options to meet the demand and renewable energy seems to be the way forward.

We agree with Mr. Lawal Gada, Manager at the Bank of Industry and the United Nations Development Programme project on renewable energy, that the option to close the wide gap in Nigeria is by generating energy from sources that can be replenished such as the wind and the sun… Read more

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