The Nigerian government has begun distributing 10,000 compressed natural gas (CNG) conversion kits across the country, as part of the Presidential Compressed Natural Gas Initiative (PCNGi). This is the first step towards a larger target of distributing one million kits by 2027. President Bola Tinubu had earlier mandated the provision of one million free CNG […]Read More
The Nigerian Electricity Regulatory Commission has imposed a fine of ₦1.69 billion on Abuja Electricity Distribution Company (AEDC) for overbilling customers. According to NERC, the fine is based on AEDC’s non-compliance with the commission’s previous order on capping estimated billing for electricity consumers. The penalty was contained in documented ‘Order NERC/2024/114’ issued by the commission. […]Read More
Germany’s power market is in the midst of a significant transition. Demand continues to fall despite normalizing prices, and retired coal and nuclear capacity mean the European giant is now heavily reliant on imports from its neighbors. But it’s not all bad news for the sector. Rystad Energy projections show Germany will surpass its policy […]Read More
Russia’s top diplomat has expressed grudging acceptance of expanding US involvement in improving Central Asia’s trade infrastructure. But, curiously, he sidestepped commenting on China’s growing economic influence in the region. Foreign Minister Sergei Lavrov, during a question-and-answer session with students at Moscow’s MGIMO University in early September, noted that “a growing number of extra-regional actors,” including the […]Read More
Mainstream Energy Solutions Limited, the operators of the Kainji, Jebba, and Zungeru hydropower plants, has repaired the Sabon Pegi Bridge within 24 hours after its collapse due to heavy rainfall on Friday. In an official statement signed by Olugbenga Adebola, Head of Corporate Communications at the company, the flash floods caused the collapse of the […]Read More
Paraphrased News Article (Active Voice) The World Bank announced its plan to conduct a supervision mission next month to address the underperformance of a $500 million loan aimed at enhancing Nigeria’s electricity distribution sector. According to the latest Implementation Status & Results Report for the project, the mission will occur from July 8 to July […]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
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
Copyright © 2022, Energy Planets. All rights reserved
Join our mailing list to receive the latest news and updates from our team.