- Low-carbon electricity can support increases in Nigeria’s future electricity needs at a cost that is cheaper than through conventional fossil fuel generation - an assessment by the World Bank suggests 7 per cent cheaper in NPV terms.
- In its Vision 20:2020 statement, the Federal Government target increases in electricity access by 5 times in 2020, and 17 times in 2030.
- There are opportunities in the roll out of renewables, both on and off-grid. Today around 5 MW of large-scale solar is installed with plans to triple this by 2020. The government is promoting small-scale solar market development through its Solar Nigeria programme, which brings solar power to schools, clinics and households.
- Nigeria is committed to promoting technology transfer with an innovative waste-to-energy project under development in Lagos, and plans to promote manufacturing of low energy products such as light bulbs in the country
- A move towards improved energy efficiency is being supported by development of EE standards, and provision of training courses on renewable energy and energy efficiency
Low-carbon Electrification in Nigeria
Low-carbon electrification in Nigeria Nigeria has already demonstrated its commitment to improving the power sector through its bold reform programme to enable private sector investment. However there are substantial challenges going forward: electricity access lags far below other countries (Nigeria’s per person consumption is 40% of India’s), and over half of demand is met by polluting off-grid diesel or gas generators.