INTIEANigeria · Nigeria Feed-in Tariff for Renewable Energy Sourced ElectricityPolicyIn force

Nigeria Feed-in Tariff for Renewable Energy Sourced Electricity

The government of Nigeria approved the feed-in tariff regulation in November 2015. The regulation enters into force in February 2016 and supersedes Multi-Year Tariff Order (MYTO) II (2012-2017) . Aiming to make use of Nigeria`s vast and mostly untapped potential for renewable…

آخر تعديل قبل 9 سنوات.

العرض المستخرج للقراءة · النص الأصلي للأدلة الامتثالية

دورة الحياة

  1. نافذ
  2. آخر تعديل

Country / jurisdiction: Nigeria · Year: 2016 · Status: In force · Level: National · Type: Voluntary

The government of Nigeria approved the feed-in tariff regulation in November 2015. The regulation enters into force in February 2016 and supersedes Multi-Year Tariff Order (MYTO) II (2012-2017) .

Aiming to make use of Nigeria`s vast and mostly untapped potential for renewable energy, the intent is to stimulate investment in the sector. By 2020, a total of 2,000 MW shall be generated through renewables like biomass, small hydro, wind and solar.

According to the new regulation, the electricity distribution companies (Discos) will be obliged to source at least 50% of their total procurement from renewables. The remaining 50% was set to be sourced from the Nigerian Bulk Electricity Trading Company. Moreover, a distinction was made between small and large generation plants. While electricity procured from small plants (between 1 MW and 30 MW) will automatically be integrated as renewable energy, the Commission will initiate a competitive bid process for larger renewable energy projects (more than 30 MW). Furthermore, the new feed-in tariff regulation already determines the procedure for auctions for the larger projects.

For further details please go to the .

Official source: http://www.nercng.org/

المصدر

https://www.iea.org/policies/5974

الوثيقة الرسمية لدى الجهة التنظيمية. استشهد دائماً بهذا الرابط — لا بصفحة تفاصيل Vantage — في أدلة الامتثال.

ذات صلة في International

INTEnergy Newsoilprice:oilprice-article-45490أخبارIn force

Oil Industry Braces for Years-Long Iran War

Oil producers, traders, and refiners are bracing for a prolonged war between the United States and Iran in the Persian Gulf with little to no hope of a quick resolution. By extension, they are also preparing for higher prices for longer, a theme present at this year’s edition of the Asia Pacific Petroleum Conference. Reuters’ Clyde Russell reported this week that the mood at APPEC was not particularly cheerful as hostilities in the Middle East escalate once again, suggesting achieving peace would be quite a challenge. The Reuters columnist…

قبل 19 ساعة
INTEnergy Newsoilprice:oilprice-article-45486أخبارIn force

Stolen Electricity is Powering Illegal Crypto Farms Across the Globe

Electricity theft is a global problem, and it’s getting more dire all the time. While the problem is most common in developing countries, where grid infrastructure is limited and utilities and state authorities have lower oversight capacities, developed countries are not immune either. This theft can occur in many forms and at many scales, from individuals tapping into power lines to power their individual residences to large-scale and sophisticated theft schemes to power entire cryptocurrency mining farms. Just this week, Mexican authorities…

قبل 21 ساعة
INTEnergy Newsoilprice:oilprice-article-45475أخبارIn force

The Race to Solve Nuclear Energy’s Biggest Problem

Nuclear power is growing in popularity once again as governments worldwide look to diversify their energy mix and reduce reliance on fossil fuels. Several countries are now looking to develop or expand their nuclear energy capacity over the coming decades. However, one challenge remains – nuclear waste. Disposing of waste materials from nuclear energy operations remains a complex task with no perfect solution. As countries worldwide have grown their nuclear power capacity, many governments are still struggling to decide on the best solution…

قبل 23 ساعة
INTEnergy Newsoilprice:oilprice-article-45473أخبارIn force

Iran’s Security Crackdown Runs Into Resistance From Within

Iran's parliament is trying to turn fears of foreign infiltration into law. But as lawmakers work through the legislation, the debate is exposing an increasingly awkward question for the Islamic Republic: How far should the state go in policing Iranians' contact with the outside world? At the center of that debate is Parliament Speaker Mohammad Baqer Qalibaf, who, at least publicly, is doing a balancing act. He has defended the need for tougher measures against foreign infiltration while warning that the current draft of the legislation goes too…

قبل يوم واحد
INTEnergy Newsoilprice:oilprice-article-45474أخبارIn force

Why More Homes Are Switching From Gas to Heat Pumps

Heat pumps are becoming an increasingly popular alternative to gas-powered central heating systems and are increasingly being used in new construction, often driven by government incentives. A heat pump uses technology similar to that found in a refrigerator or an air conditioner, extracting heat from a source, such as the surrounding air, and amplifying and transferring the heat to where it is needed. As most of the heat is transferred rather than generated, heat pumps are far more efficient than conventional heating technologies such as boilers…

قبل يوم واحد