Alternative Energy

Coal’s share of world energy demand highest since 1970

Jun 19, 2014

Coal dominated world energy markets last year by supplying the biggest share of demand since 1970, making it the fastest growing fossil fuel, according to an annual review by BP plc. Consumption grew 3 percent last year, driven by coal use in developing nations, according to a statement from Europe’s third-largest oil company. Use of…

Read More

Nigeria sets up panel on nuclear energy

Jun 15, 2014

The Federal Government on Thursday began moves aimed at diversifying from the sole reliance on hydrocarbons like oil and gas to nuclear energy. The aim is to make nuclear energy a viable alternative in efforts to meet up with growing national energy needs. Minister of Finance, Dr. Ngozi Okonjo-Iweala, said this while briefing State House…

Read More

Why banks are not investing in solid minerals -Minister

Jun 12, 2014

Banks are not investing in the solid minerals sector because it takes long before investors break even, Minister of Mines and Steel Development Arc Musa Mohammad Sada has said. Speaking at a gypsum standardization forum organised in Abuja by the Raw Materials Research and Development Council (RMRDC), Arc Sada said mining is still done largely…

Read More

Lagos canvasses conservation of energy, power resources

Jun 12, 2014

Lagos State Governor, Mr. Babatunde Fashola has canvassed conservation of energy and power resources in the state, noting that it will help in managing the degree of power usage and reduce what each household spend on energy consumption. Also, the governor said his administration had been exploring challenges in the country’s power sector to create…

Read More

FG, UN partner on sustainable energy initiative

Jun 11, 2014

The Minister of State Power, Hon Mohammed Wakil has reaffirmed the commitment of Nigeria to sustainable energy development saying that the country is working with the United Nations Sustainable Energy for All Initiative, SE4ALL, in ensuring the full realization of the project. Special Adviser Media to the Minister of State, Mr. Olawale Rasheed, in a…

Read More

Bulbs recycling plant coming, as Go Green, AIP sign pact

Jun 10, 2014

The first-ever compact fluorescent lamps recycling plant in Nigeria and West Africa is to be installed by Go Green Nigeria Light Up Nigeria and its partner, the American bulb giant, TCP (Technical Consumer Products). The National Coordinator, Go Green Nigeria Light Up Nigeria, Dr Wale Akande, said the recycling plant has been released for the…

Read More

Consumers to pay more for alternative power

Jun 10, 2014

The embedded power generation model being explored by the distribution companies to boost grid electricity supply in the country will make supply more reliable, but with added cost to consumers, stakeholders have said. The model, which is fast becoming an option for some of the distribution companies, involved private producers generating electricity from small plants…

Read More

Electricity to come from coal fields – FG

Jun 9, 2014

The Federal Government would develop coal fields across the country to facilitate electricity generation and industrialisation, the Minister of Mines and Steel Development, Mr Musa Sada, said. The minister told the News Agency of Nigeria (NAN) in Abuja on Sunday that “everybody, including President Goodluck Jonathan, wants us to start producing power from coal.’’ Sada…

Read More

U.S. launches new initiative to boost off grid energy in Nigeria, others

Jun 5, 2014

The U.S. has announced a new energy innovation tagged “Beyond the Grid’’ to boost energy and address supply shortages in Nigeria and five other African countries. The US Secretary for Energy, Ernest Moniz, said this yesterday at the ongoing US-Africa Energy Ministerial conference in Addis Ababa, Ethiopia. The theme of the conference is Power Africa…

Read More

Resourcery, Schneider Electric canvass energy conservation

Jun 5, 2014

Schneider Electric (APC) and indigenous Information Technology company in West Africa, Resourcery have stressed the need for businesses operating data centres to implement solutions that will drive energy conservation. The firms, which collaborated to enlighten senior business executives across the business spectrum in Nigeria about how to transform their data centres for today’s business world,…

Read More

SUBSCRIBE TO LATEST ENERGY NEWS

Read the latest energy industry news and researched articles
for oil and gas, power generation, renewable energy, events and more...