Connect with us

Business

Nigeria power generation to reach 100,000mw by 2030

Published

on

TCN engineers attempted to restore operation but were unsuccessful

Nigeria’s electricity generation expected to reach 100,000 by 2030

The Energy Commission of Nigeria (ECN) on Monday predicted a growth of up to 100,000 megawatts electricity generation in the country by 2030.

Prof. Eli Bala, the ECN’s Director-General, disclosed this in an interview with the News Agency of Nigeria (NAN) in Abuja.



Bala said that the projection would be possible with an annual economic growth rate of 7 per cent and steady implementation of the national energy plan by the Federal Ministry of Power, Works and Housing.

“With the incremental power programme; every time, every year, we must have increment in power generation.

Advertisement

“We will also increase our capacity to transmit as well as the capacity to distribute.

READ: Robots attain new heights in construction industry

“So I think we are on course, although it is not easy.

“Very soon, we will get to a level where we will have a 100,000 megawatt or 100 gigawatt by 2030 and the economy growing at the rate of about 7 per cent annually,” he said.

Advertisement

Bala, who said the legal mandate of the commission is to produce strategic plans and coordinate national policies, stressed that “for you to have something, you must plan for it.

“If you look at the strategic plans we have produced, we produced energy master plan and in particular with respect to electricity generation.

“We were the first to articulate the various energy mix including what I have told you; renewable and also the nuclear.

“We made a plan in such a manner that we project by 2030, if the economy is to grow at 7 per cent, we need nothing less than 100 gigawatts of electricity capacity.

Advertisement

“And also, you know our politicians want the economy to grow by double digit. If the economy is to grow by double digit, we need nothing less than 300 gigawatts by 2030.

“I think knowing what you want is a very important thing. If you don’t know what you want, you are going nowhere,” he said.

Copyright © 2015 - 2024 ChronicleNG

Discover more from Chronicle.ng

Subscribe now to keep reading and get access to the full archive.

Continue reading