Following the Order on the transfer of Regulatory Oversight of Electricity Market in Lagos State, issued on 5th Decemer, 2024, by NERC, which created the transitional framework for the transfer of regulatory oversight from NERC to Lagos State Electricity Regulatory Commission (LASERC), NERC has formally notified Eko and Ikeja Discos of the formal transfer of […]Read More
The Midstream and Downstream Gas Infrastructure Fund (MDGIF) says it will continue to prudently invest in economically valuable and viable projects that seek to increase domestic consumption of natural gas in Nigeria. The Executive Director, MDGIF, Mr Oluwole Adama, said this on Thursday at the commissioning of the MDGIF/FEMADEC Integrated CNG Refuelling Infrastructure at Yakubu […]Read More
May 26, 2025 President Bola Ahmed Tinubu will leave Abuja on Tuesday for Lagos to celebrate, along with other leaders, the 50th anniversary of the Economic Community of West African States (ECOWAS). The ECOWAS golden jubilee was flagged off in Accra last month. The Lagos events will include reenacting the 1975 declaration at the Nigerian […]Read More
Eko Electricity Distribution Company (EKEDC) has reaffirmed its dedication to enhancing service delivery through continuous investment in network infrastructure and workforce development. This commitment was reiterated by the company’s Managing Director/CEO during a customer engagement forum held on Thursday under the FESTAC Business District. The interactive session brought together EKEDC management and customers to address […]Read More
May 21, 2025 Minister of Power, Adebayo Adelabu revealed that the Federal Government (FG) is indebted to Electricity Generation Companies (GenCos) about N4 trillion, including the N1.94 trillion since 2024. Adelabu clarified that payment of electricity subsidy is no longer sustainable adding that it is gulping up to N200b monthly. The Minister said that the […]Read More
May 20, CBS News A dramatic demand for electricity, coupled with a rise in costs, could create massive energy challenges for the United States over the next two decades, a new report released Tuesday by ICF found. The global consulting and technology services company predicted that electricity demand could jump at least 25% in the next five […]Read More
May 20, 2025 The Lagos State Governor, Babajide Sanwo-Olu, has inaugurated new chairpersons and members for three critical state commissions. These includes the Teaching Service Commission (TESCOM), Lagos State Electricity Regulatory Commission (LASERC) and Lagos State Independent Electoral Commission (LASIEC). The newly appointed TESCOM leadership includes Mopelola Peregrino as Chairperson, alongside Kafayat Ajenifuja (Commissioner […]Read More
Battery storage capacity additions through 2026 are expected to outpace wind, small-scale solar and natural gas, according to the Energy Information Administration. Published May 13, 2025 Electricity consumption is expected to increase in 2025 and 2026, surpassing an all-time high reached last year and driving an expansion in generating capacity – largely in the form […]Read More
The massive power outage that hit the Iberian peninsula last month has reignited a debate in Spain over the country’s plan to phase out its nuclear reactors and generate more power with renewable energy May 9, 2025, 6:04 AM MADRID — The massive power outage that hit the Iberian peninsula on April 28 has reignited a debate in […]Read More
The House of Representatives is to investigate disbursement and utilisation of the N200 billion Naira Central Bank of Nigeria (CBN) loan for National Mass Metering Programme (NMMP) to Electricity Distribution Companies (DISCOs) The Chairman of the Committee, Rep. Uchenna Okonkwo (LP-Anambra) made this known in a statement issued on Wednesday in Abuja, adding that 19-member […]Read More
Copyright © 2022, Energy Planets. All rights reserved
Join our mailing list to receive the latest news and updates from our team.