“The Minister of Power, Works and Housing, Babatunde Fashola, on Monday; 14th August 2017 at the 18th power sector stakeholders meeting, declared among other that there has been an improvement in the generation of power, and attributed the development to the increase in gas to power due to relative peace in the Niger Delta region and the increase in rainfall, adding that over 6,000 megawatts of electricity was available but the Discos could not take it because of their aging assets, limit to credit facilities and foreign exchange.
According to Him, “From August 10, 2017, our peak availability of power which can be put on the grid was 6,863MW, while the transmission capacity has risen to 6,700MW. Unfortunately, we cannot put all of that power on the grid because the Discos cannot take it all.”
From above excerpt, if the DISCO cannot accept the power so generated from fossil source, then what happens to the REGULATION OF THE FEED-IN-TARIFF RENEWABLE ENERGY SOURCED ELECTRICITY signed on 8th December 2015, by Chairman of Nigeria Electricity Regulatory Commission (NERC)? Is the target being met? Is the Commission monitoring compliance and meting out appropriate penalties as enshrined in the Regulation framework, being that the Regulation amongst other things is to encourage greater private sector participation in power generation from renewable energy technologies, by providing investment security and market stability for investors; boost power supply in Nigeria; etc.?
The table (1) below shows the Bench Mark Capacities for Qualifying Technology, Target Grid-Connected Renewable Generation Capacity by the year 2018 and Allocation of Renewable Energy Capacity by Buyers up to 2018
|Target Grid-connected by 2018||380.0||370.0||150.0||100.0||1,000.0|
According to 5(f) of the Regulation, “The NBET or its successor shall as a matter of priority, purchase 50% of the renewable energy electricity capacity limit established by this regulation, while the Distribution licensees shall take up the remaining 50% of the capacity”
Also, 21(a) states that “(a) It is the responsibility of the various distribution companies enumerated in Schedule 1, 2 and 4 and the Nigerian Electricity Bulk trading company to meet their assigned targets.”
Penalty for Non Compliance or partial non-compliance for the first six months is $15/MWh Naira equivalent or difference between cost of renewable energy and of average cost of the non-renewable sourced electricity whichever is lower. Following period for non-compliance or partial compliance is $30/MWh Naira equivalent or difference partial between cost of renewable energy and average cost of the non-renewable sourced electricity whichever is lower.