Lagos commences power generation from organic waste

Jul 19, 2013

The Lagos State Government has said its waste-to-energy project had started generating electricity, which it said was currently being run at a demonstration centre in Ikosi market, Ketu area of the state. The state government also said the bigger waste-to-energy project located at Olusosun land-filled site was being currently capped to trap methane, which it…

Read More

Philips brings lighting, solar solution to Nigeria

Jul 18, 2013

As part of efforts aimed at expanding its business in Africa with innovations that address local needs, Royal Philips has introduced its led lighting and solar solutions to the Nigerian market. The Senior Vice President and Chief Executive Officer, Philips Africa, Mr.  JJ van Dongen,  said the solar-powered led street  and area lighting solutions offered …

Read More

FG to generate 4,000MW electricity from coal

Jul 8, 2013

To address the country’s epileptic power supply situation, the Federal Government has announced plans to generate additional 4,000 megawatts of electricity from coal. This, according to the government, will augment the country’s power generation, which currently is a little above 4,000MW. The Minister of Power, Prof. Chinedu Nebo, disclosed this in Abuja while inaugurating an…

Read More

New EU support for renewable energy policy in Nigeria

Jul 5, 2013

Yesterday, the European Commission announced €27 million of financial support to help improve the renewable energy policy in Nigeria. Currently, a large part of the Nigerian population lacks access to energy or relies on polluting fuels such as fuel wood and charcoal with severe consequences for health and the environment. The newly launched Energising Access…

Read More

Scientists advance search for greener energy

Jun 27, 2013

Scientists have recorded four major recent breakthroughs in the search for greener and cleaner energy with the development of a highly effective method for converting carbon dioxide (CO2) into methanol; an “artificial leaf” that mimics a real leaf’s chemical magic with photosynthesis- but instead converts sunlight and water into a liquid fuel such as methanol…

Read More

‘Funding hinders development of renewable energy’ – BOI/UNDP

Jun 18, 2013

Promoters of the Bank of Industry/United Nation’s Development Programme’s Access to Renewable Energy, AtRE, project, have cited lack of finance and funding as the major factor hindering the development of renewable energy in Nigeria. Speaking at a Bank of Industry, BOI, Forum in Lagos, Mr. Lawal Gada, Renewable Energy Manager/Acting Project Manager, BOI/UNDP AtRE Project,…

Read More

Nigeria to leverage on Turkish expertise for new energy mix strategy – Nebo

Jun 17, 2013

The Minister of Power, Professor Chinedu Nebo, has said that Nigeria in its quest for new energy mix strategy would leverage on Turkish expertise in Thermal and Hydro power sources. The minister, who was represented by the Permanent Secretary, Ministry of Power, Amb Dr. Godknows Igali, said that Nigeria offers the best environment for business…

Read More

FG declares importation of mining equipment duty free

Jun 12, 2013

Importation of equipment for mining of mineral deposits in the country is now duty free, the Minister of Mines and Steel Development, Mr. Musa Sada, has said. Sada said this at the Ministerial Platform, which featured his ministry in Abuja on Tuesday. He said it was one of the steps the Federal Government had taken…

Read More

EIA estimates 345bn barrels of shale oil worldwide

Jun 11, 2013

The US Energy Administration, EIA, has issued its first estimate of technically recoverable shale and tight oil worldwide, a sum of 345 billion barrels. The agency also upped its projection of shale gas reserves to 7299 Trillion cubic feet, up 10% from 2011. The report covered 41 countries, 95 basins and 137 formations. The last…

Read More

Shale Oil Rattles OPEC, may have significant implications for Nigeria in the future

Jun 10, 2013

There is, frequently, a debate on whether the world could, one day, find a replacement for sweat crude. What is, however, not disputable is that the discovery of streams of non-conventional fuel will have enormous impact on the demand for oil and gas and, perhaps, the price. Sooner than earlier expected, there is jittery over…

Read More