Posted on July 19, 2016 by Trace Reporter Editor in News Determined to fast-track the attainment of incremental power through increase in quantum of electricity supply, Fashola has presented to the 2nd National Council on Power NACOP which held in kaduna, four documents for validation and adoption by the Council, insisting that States take their rightful positions in the emerging scenario playing out in the sector.
The documents are; National Energy Efficiency Action Plans(NEEAP), National Renewable Energy Action Plans(NREAP), Sustainable Energy for All-Action Agenda (SE4ALL-AA) and the Nigerian Power Sector Investment, Opportunities and Guidelines.
The development of NREAP, has received tremendous support from European Union (EU), and the German Government funded GIZ through the Nigerian Energy Support Programme (NESP),underscoredby the believe that inefficient use of energy supply will increase environmental problems, increase cost ofgoods and services. It can also compound the problem of access by large army of our population as it would be expedient to avoid investment in power in excess of actual requirement, because of scarcity of resources.
Already, there are some initiatives with the private sector, arising from the approval of NREAP, in2015 which include –
Energy Efficient Housing Scheme, The Abuja Green City Initiative on Integrated Renewable Energy Services, Abuja Centenary City, planned by private investors on renewable energy sources and energy efficient mechanism and the Nigerian Clean Energy Access Programme – NCEAP are all aimed at the reduction of global impact of climate change.
The second document is the National Renewable Energy policy document which is developed as a key element embedded in the current electricity reform, which hoped to radically increase the use of renewable energy sources in Nigeria.
This is premised on the fact that Nigeria will put into use its abundant resources in both renewable and non-renewable energy sources, as the country looks forward to capitalizing on its economic growth potentials.The deregulation of the sector which entails greater need for renewable sources wouldalso be required for Nigeria’s future energy needs, in view of its growing population and concomitant energy demands.
It is instructive to note that renewable energy sources have been captured as very key to ‘Incremental Power Supply’ as envisionedin the road-map recently unveiled by the Minister,BabatundeRajiFashola.
More importantly,renewable sources will increase security of supplies, provide opportunities in new industries and new technologies, and then robust energy-mix as an antidote to incessant vandalism of gas pipelines.
The SE4ALL initiative was launched to promote access to sustainable energy as a critical and essential component of all economic activities globally.It is in recognition of the strong government’s involvement in driving this initiative in the country would require joint efforts of stakeholders in both private and public sectors with government taking the lead.
The 2015 draft document is aimed at harnessing Nigeria’s vast energy potentials through harmonization with other policy initiatives and action plans, as well as provision of technical and financial supports for the attainment of set goals and objectives.
It is key to doubling the global rate of improvement in energy efficiency, ensuring universal access to modern services and doubling the contribution of renewables in the global energy mix.
The fourth document is the Nigerian Power Sector Investment Opportunities and Guidelines unveiled by the Minister, as he promised that the publication will optimized the many fuels sources of hydro, coal, solar wind and gas for energy production underlined by closeness of these fuels to where power would be produced, thereby making power more affordable.
It is envisaged that the document will also serve as a planning tool, as it would assist transmission plan for effective evacuation of power, thereby putting an end to incidences of stranded power in the midst of inadequate supply.
It is also a document that provides solution to energy diversification and security, while highlighting energy policies in Nigeria that would drive the on-going reform in the sector.
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