Ahead of the May 30 Biafra Day declared by the Indigenous People of Biafra (IPOB), the State Commandant of Nigeria Security and Civil Defence Corps (NSCDC) Anambra State Command, Commandant Maku Olatunde has affirmed the commitment of the Corps to its statutory mandate in the protection of Critical National, State and Local Government Assets and […]Read More
Coal continues to dominate South Africa’s energy portfolio, at over 80% of the country’s power generation mix JOHANNESBURG, South Africa – Just Energy Transition Partnerships (JETP) have been introduced in recent years to provide financial support to developing nations as they transition away from fossil fuels. In 2021, during the 26th UN Climate Change Conference of […]Read More
Nigeria’s Electricity Supply Industry (NESI) continues to grapple with financial instability, driven by an unsustainable subsidy burden and insufficient market payments to Generation Companies (GenCos). As the sector teeters on the brink of liquidity crises, the Power Consumer Assistance Fund (PCAF) emerges as a critical solution, offering a structured alternative to subsidies while addressing the […]Read More
The global trajectory of the energy landscape is undoubtedly heading towards a renewables-based energy system. With the historic decision to triple renewable power by 2030 at COP28, this imminent shift is now accelerating at an unprecedented pace. By targeting a five-fold increase in Africa’s renewable energy capacity by 2030, the Nairobi Declaration, adopted at the […]Read More
In a time when leadership often feels distant, disconnected, and weighed down by broken promises, Governor Ademola Adeleke of Osun State stands out as a beacon of hope and renewal. His journey from an outsider in politics to a transformational leader is nothing short of remarkable. With his hands-on approach, clear vision, and dedication to […]Read More
The world’s leading nuclear powers spent a record $91.4 billion on their nuclear defense systems in 2023–good for a 13.4 percent increase over 2022 spending–the International Campaign to Abolish Nuclear Weapon (ICAN) has revealed. In its fifth annual audit of the global nuclear arms trade, ICAN has reported that the United States increased its nuclear […]Read More
Iran has planned to boost its crude oil production to 4 million barrels per day, according to the country’s Tasnim news agency, as reported by Reuters. No specific sources for the plan were provided but the original report in Tasnim said that “An economic council headed by Iran’s interim president Mohammad Mokhber has approved a […]Read More
EnAccess Foundation and the World Resources Institute (WRI), are championing the inaugural open-source in energy access initiative that fosters data-driven decision making. The World Bank, Energy Sector Management Assistance Program (ESMAP), and Prospect supported the inaugural Open Source in Energy Access Symposium (OSEAS), which took place in Abuja from May 7-10, 2024. Abba Aliyu, Acting […]Read More
Russian President Vladimir Putin will visit China for a two-day state visit where he’s set to press Chinese leader Xi Jinping for more support to sustain his country’s sanctions-hit economy and war machine in Ukraine. The May 16-17 visit is Putin’s first foreign trip since he was sworn in for a fifth presidential term one […]Read More
By Babatunde Osadare, Energy Analyst Recent developments in the Nigerian Electricity Supply Industry have sparked intense debate about the appropriate electricity pricing. Recall that pricing is a key element as we accelerate towards universal access that is affordable, reliable, and modern by 2030. Debate background The cost of electricity in Nigeria, compared to average global […]Read More
Copyright © 2022, Energy Planets. All rights reserved
Join our mailing list to receive the latest news and updates from our team.