POWER SUPPLY STAGNATES AT 3,761MW, SECTOR LOSES N381BN

Nigeria’s power sector has struggled to sustain an average daily supply of 3,761MW within the first nine months of 2018. This statement is according to a performance trend data obtained from the office of the Vice President, Prof. Yemi Osinbajo.

The power sector also lost N381 billion during the period under review as a result of high frequency. Unavailability of distribution infrastructure, poor gas supplies to generation companies water management constraints constituted the major challenges of the sector.

Furthermore, the sector could not supply up to 2,914MW of electricity to homes and offices in the country. Equally, under the period under consideration, the market had not earned N381.798 billion due to the operational constraints it encountered.

The trend report also indicated that for the period, they supplied a total of 182,741 metric million standard cubic feet of gas to power generation plants in the sector.

On the average, the data also showed that four power plants shut down mostly on account of gas constraint.

Notwithstanding, a daily operational report of the sector’s performance showed that for instance, on September 21, which is the most recent of its daily reports, average energy sent out was 3,710MW up by 613.5MW from what was delivered the previous day.

It also stated that they did not generate 1,452.2MW due to unavailability of gas. While they did not generate 2,350.3MW  due to high frequency resulting from the unavailability of distribution infrastructure.

It explained that the power sector lost an estimated N1.825 billion on September 21. Insufficient gas supply, distribution infrastructure and transmission infrastructure caused most of these. However, the dominant constraint for the period remained high frequency resulting from the unavailability of distribution infrastructure.

Hopefully, the power sector will improve drastically over the next three months.

You can read more about this news here.

LuxxorPower