CONSIDERING the huge challenges in the supply of gas to rev-up the operation of gas-fired electricity plants in the country, Nigeria and the United States are collaborating to improve private sector investment in this critical area of the nation’s power sector.
Gas-powered generation is the largest source of growth in electricity production in the world while most new capacity has relied on gas-fired turbines either straight or combined cycle or combined heat and power
Through the National Association of Regulatory Utility Commissioners (NARUC) and Nigerian Electricity Regulatory Commission (NERC), both countries are seeking to make private investment more attractive and more sustainable for the sector in Nigeria, a country with a proven gas reserve of 187 trillion cubic feet and currently ranked eighth largest gas reserves in the world.
Project Manager in charge of Energy and Climate Change at the United States Agency for International Development, Imeh Okon, stated at a training for sector officials on enhancing natural gas-fired electricity generation investment in Nigeria that gas-fired plants were critical to its power sector
No comments:
Post a Comment