The Nigerian Electricity Regulatory Commission (NERC) has said newly approved electricty tariffs affecting big power consumers will curtail subsidies by NGN1.14 trillion ($864mn) for the fiscal year 2024. Nigeria last reviewed electricity tariffs in 2020. Without the new tarrifs, the annual subsidy ...
Note: 2023 & 2024 Price Is Calculated Using NERSA Standard Tariff Average Increase Source: Eskom, Stats SA, Bloomberg, BMI Within the SSA region, markets such as Botswana and Nigeria have also been grappling with steep electricity price increases,...
Electricity infrastructures in sub-Saharan African cities are characterized by heterogeneous socio-technical constellations, including alternative grid access channels and off-grid systems. These constellations secure access beyond conventional grids but
Therefore, policymakers would be hard-pressed to raise the electricity tariffs if they are not accompanied by a substantial improvement in the quality of service offered as any service improvement perceived by households and firms as marginal with respect to the tariff increase may meet resistance or...
SEATTLE (Oil Monster): Oil workers have warned the federal government against any hike in electricity tariff. The Petroleum and Natural Gas Senior Staff Association of Nigeria (PENGASSAN) said consumers should not be forced to pay for services that are not rendered. ...
The United States, yesterday, disclosed that Nigeria’s inability to eliminate subsidy on petroleum products and failure to hands off the fixing of electricity tariffs is hampering the provision of critical social infrastructure in the country.
In REN 21's Renewables 2019 Global Status Report, mainly three types of dominant RE promotion schemes are identified: feed-in policies, renewable portfolio standard (RPS)/quota policies, and tendering. Based on the statistics, we found a trend of an increase in both the feed-in tariff and ...
tariff mechanisms, and global change in prices due to trade protectionism practices are beyond the scope of the current assessment. Finally, we calculated all the cost and potential metrics assuming that no installed capacity exists for the ROI, where in the present time horizon, some installed ca...
The Effect of Electricity Tariff and Self-Generated Power Supply on Business Performance in NigeriaClement Olatunji OlaoyeAmos Olatunbosun Talabi
Based on the results of this study, the following recommendations can be put forward: (1) Retail tariff reforms should take into account the flexibility of power plants, as these constitute a significant component of the cost structure. (2) Because demand response is found to be a good ...