The amount spent on subsidising electricity every month in Nigeria is now about N30bn, the Federal Government has said. It disclosed that the government’s subsidy on electricity had been reduced by N20bn monthly following improvements in the collection of power tariffs by distribution companies. The government stated this in a document on
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The UK’s first grid-scale battery storage system directly connected to the electricity transmission network has been activated in Oxford. The scheme is part of the £41m Energy Superhub Oxford (ESO) project, which integrates energy storage, electric vehicle (EV) charging, low-carbon heating and smart energy management technologies. Its aim is to decarbonise
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In our future electrified world, the demand for battery storage is projected to be enormous, reaching to upwards of 2 to 10 terawatt-hours (TWh) of annual battery production by 2030, from less than 0.5 TWh today. However, concerns are growing as to whether key raw materials will be adequate to
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Standardization makes life easier, but it is often impossible to introduce it to systems that have a messy evolutionary history. Electricity supply is a case in point. Blame it on the varied evolutionary history of electric power grids and the products that have grown up alongside them Edison’s pioneering 1882 Pearl Street
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The IKEA Foundation, the charitable arm of the Scandinavian homeware store, has teamed up with the Rockefeller Foundation to set up a $1bn (£700m) fund to fight climate change and energy poverty. The platform aims to reduce one billion tons of greenhouse gas emissions and give one billion people access to
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A total of 17 manufacturers of electricity meters are demanding an increase in the cost of the commodity following the rise in inflation and foreign exchange rates, among other economic variables. The meter producers under the aegis of Meter Asset Providers resolved at the end of a meeting that the Nigerian
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The Transmission Company of Nigeria (TCN) has carved out a new transmission region from the old Kaduna area, bringing to 10, the number of the company’s regional operations centres. The creation of the Kano transmission region, the TCN stated, became necessary owing to the rapid economic and industrial development being witnessed
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Addressing the various ways in which the standard specifications for transformers have been compromised, the Chief Operating Officer of Ibadan Electricity Distribution Company, IBEDC, Engr John Ayodele advised on substituting copper for aluminum in structures like transformer coils and feeder pillars. He said that "aluminum would not take the same
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The Central Bank of Nigeria is now providing loans to electricity distribution companies to cover the collection and operational expenditure shortfalls of the firms and halt the liquidity crisis in the country’s power sector. The Discos are mainly the revenue collection arm of the sector, as they sell and distribute electricity
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Humans have long relied on candles, gas lamps, and other artificial light to illuminate indoor spaces. Things went into high gear in the early 20th century as incandescent lighting was adopted. Incandescent sources revolutionized building design, enabling apartment buildings and office towers to grow taller because windows did not need
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