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Available Power Generation Capacity Plunges By 3,000MW To 6,000MW – Gencos - Politics - Nairaland

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Despite ₦‎2.8 Trillion Subsidy, Power Averages 3,000MW In 10 Years / Nigeria Will Remain In Darkness Except FG Pays Our N1.6trn – GENCOS / Gas Shortage: Blackout Looms Nationwide As Gencos Cut Generation (2) (3) (4)

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Available Power Generation Capacity Plunges By 3,000MW To 6,000MW – Gencos by Omooba77: 8:52am On Jul 08, 2021
Power generation companies on Wednesday declared that the country’s available electricity capacity had dropped by about 3,000 megawatts.

Executive Secretary, Association of Power Generation Companies, Dr Joy Ogaji, said the available generation capacity plunged from about 9,000MW to 6,000MW, adding that not all of the current capacity was being utilised.

Figures obtained from the Federal Ministry of Power in Abuja on Wednesday showed that the highest quantum of power that was utilised in Nigeria as of July 6, 2020 was 4,370.7MW.

Providing updates on power generation to oil and gas stakeholders at a conference in Abuja on Wednesday, Ogaji said the 25 plants operating in Nigeria had witnessed a reduction in their cumulative available generation capacity due to challenges.

She said, “The 25 plants that are currently operating have a combined installed capacity of over 13,000MW and they have an available capacity, which has dropped.

“As at last year we were almost hitting an available capacity of 9,000MW but a lot of challenges have now dropped it to, as of this morning, above 6,000MW. This is what is available, but out of that you know what is being utilised.”

Ogaji added, “At privatisation on November 1, 2013, power was slightly above 3,400MW but as at last year, the available capacity had been ramped up to nearly 9,000MW.


“So we had an available capacity of 9,000MW last year but this year it is now 6,000MW and even the 6,000MW we are not utilising all of it.”

She noted that there had been repeated complaints by consumers over the lack of power, but stressed that even the quantum of electricity available was not being taken by the sector.

The Transmission Company of Nigeria, the firm that transmits power from generation companies to distribution companies, had on several occasion decried the rejection of electricity by the distributors.


On their part, the distributors had argued that TCN was dropping electricity load in locations where it was tough for Discos to recoup their tariffs, as residents in such areas found it difficult to pay their electricity bills.

Citing data from the National Control Centre for the power sector, Ogaji noted that the demand forecast for electricity across the country was about 28,000MW.

The APGC executive secretary stated that only 25 firms were generating electricity in Nigeria out of the over 160 licensees who were issued licences by the Nigerian Electricity Regulatory Commission to produce power.

“There are 124 power generation companies, majorly thermals – firms that use gas, that are just watching on the sideline, watching when the market gets serious before coming in,” Ogaji stated.

She added, “Their licences, a cumulative and aggregated number, will give us another 30,000MW if they were actively involved.”


She, however, noted that efforts were being made to address the challenges in the industry and urged stakeholders at the conference to support operators in the power sector.

https://punchng.com/available-power-generation-capacity-plunges-by-3000mw-gencos/

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Re: Available Power Generation Capacity Plunges By 3,000MW To 6,000MW – Gencos by Gunboysavage(m): 9:24am On Jul 08, 2021
Damnn niqqa! First to comment grin . heading to Zenith bank Plc!

But Wait oooo lipsrsealed , How many of you understand the fact that other foreign countries believe the way Buhari speaks(his accent) is the same way every other Nigerian speaks..?

10 Likes 1 Share

Re: Available Power Generation Capacity Plunges By 3,000MW To 6,000MW – Gencos by georgee(m): 9:25am On Jul 08, 2021
Hmmm
Re: Available Power Generation Capacity Plunges By 3,000MW To 6,000MW – Gencos by Kastonkastroll(m): 9:25am On Jul 08, 2021
Distribute prepaid meters to each and every household in Nigeria and stop telling us rubbish about people not willing to pay their electricity tariffs. Stupid mofos.

31 Likes 4 Shares

Re: Available Power Generation Capacity Plunges By 3,000MW To 6,000MW – Gencos by SouthSouth1914: 9:25am On Jul 08, 2021
Power generation and distribution the bane of Nigeria's unending problems!!
Re: Available Power Generation Capacity Plunges By 3,000MW To 6,000MW – Gencos by sweerychick(f): 9:26am On Jul 08, 2021
What's the difference? Even if it climbs up again it's there any improvement

1 Like

Re: Available Power Generation Capacity Plunges By 3,000MW To 6,000MW – Gencos by Katier00(f): 9:28am On Jul 08, 2021
Power don dey improve recently

3 Likes

Re: Available Power Generation Capacity Plunges By 3,000MW To 6,000MW – Gencos by Buckeyemedia1: 9:28am On Jul 08, 2021
georgee:
Hmmm
Jagajaga Country, jagajaga people that can’t generate or distribute electricity for themselves.
Re: Available Power Generation Capacity Plunges By 3,000MW To 6,000MW – Gencos by marvin906(m): 9:28am On Jul 08, 2021
Our problem isn't generating but distribution

2 Likes

Re: Available Power Generation Capacity Plunges By 3,000MW To 6,000MW – Gencos by stano2(m): 9:29am On Jul 08, 2021
Everytime
Re: Available Power Generation Capacity Plunges By 3,000MW To 6,000MW – Gencos by stano2(m): 9:29am On Jul 08, 2021
Mumu country...

2 Likes 1 Share

Re: Available Power Generation Capacity Plunges By 3,000MW To 6,000MW – Gencos by tuna85: 9:29am On Jul 08, 2021
This is not a joke

Naija which way?
Re: Available Power Generation Capacity Plunges By 3,000MW To 6,000MW – Gencos by Mayniaa: 9:30am On Jul 08, 2021
As long as they don't ban open grazing, buhari is unperturbed.
Re: Available Power Generation Capacity Plunges By 3,000MW To 6,000MW – Gencos by obo389(m): 9:31am On Jul 08, 2021
So the capacity to generate to 9,000MW?
TCN at it again.
No capacity to transmit to end users.
It's time the government unbundle or sell out to competent players but they should be strictly monitored by regulating agencies.

1 Like

Re: Available Power Generation Capacity Plunges By 3,000MW To 6,000MW – Gencos by ezugegere(m): 9:35am On Jul 08, 2021
What a milestone achievement by the clueless regime
Re: Available Power Generation Capacity Plunges By 3,000MW To 6,000MW – Gencos by MorataFC: 9:35am On Jul 08, 2021
Hmmnn
Re: Available Power Generation Capacity Plunges By 3,000MW To 6,000MW – Gencos by sulaak(m): 9:38am On Jul 08, 2021
When do we accept that the Nigerian government can never work. 6000 MW in 2021 is bordering on insanity.

When countries with less than Nigeria population like Vietnam, Iran, Turkey all have an average of 80,000 MW plus. Decentralisation and restructuring are necessary to rebalance the country.

7 Likes

Re: Available Power Generation Capacity Plunges By 3,000MW To 6,000MW – Gencos by Nobody: 9:39am On Jul 08, 2021
Hmmm

Citing data from the National Control Centre for the power sector, Ogaji noted that the demand forecast for electricity across the country was about 28,000MW.

The APGC executive secretary stated that only 25 firms were generating electricity in Nigeria out of the over 160 licensees who were issued licences by the Nigerian Electricity Regulatory Commission to produce power.

There are 124 power generation companies, majorly thermals – firms that use gas, that are just watching on the sideline, watching when the market gets serious before coming in,” Ogaji stated.

She added, “Their licences, a cumulative and aggregated number, will give us another 30,000MW if they were actively involved.”

We know why they are not there.... price controls and lack of deregulation.

1 Like

Re: Available Power Generation Capacity Plunges By 3,000MW To 6,000MW – Gencos by omohayek: 9:40am On Jul 08, 2021
The APGC executive secretary stated that only 25 firms were generating electricity in Nigeria out of the over 160 licensees who were issued licences by the Nigerian Electricity Regulatory Commission to produce power.

“There are 124 power generation companies, majorly thermals – firms that use gas, that are just watching on the sideline, watching when the market gets serious before coming in,” Ogaji stated.

She added, “Their licences, a cumulative and aggregated number, will give us another 30,000MW if they were actively involved.”
In other words, the real problem here is the unwillingness of the Nigerian government to allow power companies to charge realistic tariffs that will justify their investments. Only in a basketcase like Nigeria does the fact that price controls cause shortages come across as rocket-science.

3 Likes 1 Share

Re: Available Power Generation Capacity Plunges By 3,000MW To 6,000MW – Gencos by FarahAideed: 9:42am On Jul 08, 2021
The moment Buhari started paying these criminals for every MW rejected I knew it would take decades before Nigerians have hope of proper electricity
Re: Available Power Generation Capacity Plunges By 3,000MW To 6,000MW – Gencos by Reference(m): 9:48am On Jul 08, 2021
'....On their part, the distributors had argued that TCN was dropping electricity load in locations where it was tough for Discos to recoup their tariffs, as residents in such areas found it difficult to pay their electricity bills....'

'....There are 124 power generation companies, majorly thermals – firms that use gas, that are just watching on the sideline, watching when the market gets serious before coming in,” Ogaji stated.

She added, “Their licences, a cumulative and aggregated number, will give us another 30,000MW if they were actively involved....'


This is just the summary of Nigeria's power challenges and by extension our developmental outlook.
Nigerians are just too poor to trigger the productivity that will in turn unshackle her from the barrel of this mono economy.
When folks always proclaim this popular error saying, '...just give us stable power and Nigeria(ns) will prosper...', I have always laughed at the lie.
It is just like saying the reason why I have not prospered is because I do not have a sponsor or venture capital.

The truth is that productivity or creativity attracts empowerment anywhere, any day. An economy that is potentially productive will attract power investment and will attract energy infrastructure.

The reasons why we are stuck in this vicious cycle has more to do with the structure of the Nigerian economy that is NOT focused on productivity but is rent seeking, mercantile and a contractors paradise. People who really make things that are key to productivity will absorb the cost of that productivity without issues.

The bulk of Nigerians on the other hand simply are not productive enough to make use of more than 4,000 megawatts, Period.

7 Likes 1 Share

Re: Available Power Generation Capacity Plunges By 3,000MW To 6,000MW – Gencos by Ttalk: 9:48am On Jul 08, 2021
These transmitters are worse than I-pass-my-neighbour, always breaking down every minutes.
Re: Available Power Generation Capacity Plunges By 3,000MW To 6,000MW – Gencos by Voxiwa: 9:49am On Jul 08, 2021
Oh wow
Re: Available Power Generation Capacity Plunges By 3,000MW To 6,000MW – Gencos by kay29000(m): 9:49am On Jul 08, 2021
sweerychick:
What's the difference? Even if it climbs up again it's there any improvement

But the funny thing is that in my area in ibadan, we used to have just like 6 hours light daily, but in the last couple of days we have been having like 18 hours of light a day. So, me I don't even understand this news.

1 Like

Re: Available Power Generation Capacity Plunges By 3,000MW To 6,000MW – Gencos by Yemmyteespeed007(m): 9:50am On Jul 08, 2021
Everything in the country just dey drop
Re: Available Power Generation Capacity Plunges By 3,000MW To 6,000MW – Gencos by poiZon: 9:51am On Jul 08, 2021
Please where can i make complaints concerning over estimated billings by phed?
Would have used Twitter but with the ban, don't know which other medium i can use to vent my anger.
Lasy month they gave us bill of 26k for a single room apartment.. Actually the entire compound is a 3bedroom flat, only one room is being occupied. There is a metre in the compound, postpaid metre but they don't want to read it. Yesterday they brought bill of 57k..
What sort of wickedness is this...
For a room we r occupying...
I heard they have stopped issuing prepaid metre im the state, Rivers state.
Please i need help on how to go about this..
Re: Available Power Generation Capacity Plunges By 3,000MW To 6,000MW – Gencos by Reference(m): 9:51am On Jul 08, 2021
omohayek:

In other words, the real problem here is the unwillingness of the Nigerian government to allow power companies to charge realistic tariffs that will justify their investments. Only in a basket case like Nigeria does the fact that price controls cause shortages come across as rocket-science.

Because the bulk of Nigerians are not doing enough to earn the resources to pay these high tariffs.
It is vicious cycle.
Electricity today is like forcing the average farmer to use a tractor or combined harvester when he has only one plot to cultivate and he intends to bag only two bushels of corn. Do you want to kill him?
It is a structural issue. The Nigerian economy is not geared towards unleashing Nigerians to work.

4 Likes 1 Share

Re: Available Power Generation Capacity Plunges By 3,000MW To 6,000MW – Gencos by Reference(m): 9:53am On Jul 08, 2021
Kastonkastroll:
Distribute prepaid meters to each and every household in Nigeria and stop telling us rubbish about people not willing to pay their electricity tariffs. Stupid mofos.

Two out of three prepaid meters I have information on are bypassed despite DISCOS random checks. People are stealing electricity on a massive scale. Forget that thing. Poverty breeds crime.

3 Likes

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