Finance

Electricity update: Nigeria’s power generation records third consecutive decline in May 2022


Nigeria’s power generation declined by 0.9% on Tuesday to 86.77kMWh compared to 87.58kMWh recorded the previous day. This represents the third consecutive daily decline in energy generation.

This is according to information from the Transmission Company of Nigeria (TCN).

In the same vein, power supply recorded a 0.9% decrease to 85.44kMWh on Tuesday as against 86.24kMWh supplied on Monday, 9th May 2022. Nigeria’s energy generation has fallen further below the minimum 105kMWh required to record some level of stability in power supply in the country.

Meanwhile, Nigerians continue to grapple with epileptic power supply, with multiple grid disruptions recorded so far in 2022, causing widespread blackouts across the country.

Highlight (10th May 2022)

  • Peak generation – 3,990.7MW (+3.5%)
  • Off-peak generation – 3,431.4MW (+2.8%)
  • Energy generated – 86,766.83MWh (-0.9%)
  • Energy sent out – 85,444.85MWh (-0.9%)

The highest frequency for the day was 50.53Hz, while the lowest frequency was 49.12Hz. Also, 98.48% of the energy generated on Tuesday was supplied to DisCos.

Meanwhile, Nigeria’s Minister of Power, Mr. Abubakar Aliyu while discussing in an interactive session on “Frequent National Grid collapse” with the Senate Committee on Power and critical stakeholders said that the ministry is working towards reliable power grid to ensure efficient electricity supply in the country.

Why this matters

Electricity is an essential need of many Nigerians and their businesses, especially given the surge in the price of diesel and recent fuel scarcity across the country. The cost of power in the country has gone up and is further exacerbated by constant disruption in electricity supply.



Source link

Related Articles

Leave a Reply

Your email address will not be published.

Back to top button