October 30, 2025 The global’s electricity demand is expected to surge by 30% over the next decade as data centers, electric vehicles, and demand for heating and cooling drive increased consumption, a new report by Rystad Energy says. Renewable power generation, especially solar energy, is expected to be crucial to meeting the electricity demand growth, […]Read More
The Nigerian Electricity Regulatory Commission (NERC) has approved the disbursement of N28bn to electricity distribution companies for the second phase of the Meter Acquisition Fund scheme, for the metering of all outstanding Band A customers free of charge. The order, cited as ‘NERC Order No: 2025/10—Order on the Operationalisation of Tranche B of the Meter […]Read More
October 14, 2025 As part of its continuous investment in human capital development, Ikeja Electric Plc (IE), Nigeria’s leading electricity distribution company, in collaboration with the Licensed Electrical Contractors Association of Nigeria (LECAN), organized a one-day intensive skills acquisition and capacity-building programme themed: “Electrical Safety and Best Practices in the Electricity industry.” The training brought […]Read More
14 October 2025 The Federal Government of Nigeria (FGN) has taken a major step toward restoring financial stability and investor confidence in the electricity market with the finalization of the implementation framework for the Presidential Power Sector Debt Reduction Plan, a landmark initiative approved by President Bola Ahmed Tinubu to address structural bottlenecks and lay […]Read More
Following the decentralisation of the Nigerian Electricity Market to allow State Governments to participate in the electricity market by creating electricity market and regulating same within the state territories, the Lagos State Electricity Regulatory Commission (LASERC) has officially issued distribution licences to Excel Distribution Company Limited and IE Energy Lagos Limited. Excel is a subsidiary […]Read More
October 01, 2025 The U.S. government has now officially shut down after Republicans and Democrats failed to come to an agreement on a stopgap bill to fund operations. The impact of this shutdown will not stop at furloughed staff or shuttered museums. In energy, a shutdown lands with real force. It deprives markets of the […]Read More
In a concerted effort to combat the growing menace of electrical infrastructure vandalism, Ikeja Electric (IE) held a key stakeholder engagement forum with community leaders, the National Youth Council, security agencies, the Epe LGA, Ikosi-Ejirin and Eredo LCDAs. The meeting, held at the Epe Local Government Secretariat, brought together top management from Ikeja Electric and […]Read More
With the explosive growth of Big Tech’s data centers threatening to overload U.S. electricity grids, policymakers are taking a hard look at a tough-love solution With the explosive growth of Big Tech’s data centers threatening to overload U.S. electricity grids, policymakers are taking a hard look at a tough-love solution: bumping the energy-hungry data centers off grids […]Read More
Thermal Power Reliability: Vistra President and CEO Jim Burke expects solar and batteries to do well because they can be built quickly. Wind, solar and storage may produce the cheapest electricity, but when prioritizing grid reliability, 1 GW of coal-fired, gas-fired or nuclear generation equals 9 GW of those clean energy resources, Vistra President and […]Read More
Egbin Power Plc, Nigeria’s largest power generation company, has reaffirmed its unwavering commitment to education and sustainable community development as it celebrated the 10th edition of the Egbin Power Scholarship Awards. The milestone ceremony, held at the Egbin Power Clubhouse, brought together community leaders, parents, teachers, the management team and beneficiaries to recognise and reward […]Read More
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