Page 5 - AfrOil Week 03 2023
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AfrOil                                       COMMENTARY                                               AfrOil


                         “By using its abundant, untapped renewables,”   China is by far the world’s largest manufacturer
                         IRENA Director-General Francesco La Camera   of solar panels, and Nigeria aims to use solar
                         said, “Nigeria can provide sustainable energy for   power as a way of achieving its target of a car-
                         all its citizens in a cost-effective manner. Nigeria   bon-neutral economy by 2060.
                         has a unique opportunity to develop a sustain-
                         able energy system based on renewables that   Export plans
                         support socioeconomic recovery and develop-  While renewables are an essential part of the
                         ment while addressing climate challenges and   future of Nigeria, the country is still a major oil
                         accomplishing energy security.”      and gas producer on the African continent.
                                                                Abuja plans to increase exports and in
                         Energy transition                    September 2022 signed a memorandum of
                         Advancing the energy transition requires a shift   understanding (MoU) with Rabat for the Nige-
                         and scaling-up of investments in the short term   ria-Morocco Gas Pipeline (NMGP) project,
                         to avoid being drawn into fossil fuel infrastruc-  which seeks to boost power generation and
                         ture investments with long lifetimes such as nat-  provide energy for over 11 African countries to
                         ural gas pipelines.                  serve nearly 500mn people,             According
                           By 2050, a significant reduction in the use of   The construction of the new project has
                         natural gas and oil compared to planned poli-  gained increased importance in the past   to IRENA,
                         cies would have profound implications for infra-  months because of the current global energy
                         structure investment in fossil fuels, increasing   crisis caused by the Russia-Ukraine war. The   investing in
                         the risk of stranded assets.         $25bn pipeline project will help resolve the
                           The Nigerian power sector continues to   energy accessibility issues in most of the crossed   solar and
                         experience many broad challenges related   countries.                      wind, rather
                         to electricity policy enforcement, regulatory   NMGP will stretch over 1,672km, connect-
                         uncertainty, gas supply, transmission system   ing Nigerian gas to Europe through Morocco,   than oil and
                         constraints, and major power sector planning   Mauritania, Senegal, Gambia, Guinea Bissau,
                         shortfalls that have kept the sector from reach-  Guinea, Sierra Leone, Liberia, Ivory Coast,  gas, will prove
                         ing commercial viability.            Ghana, Togo and Benin.
                           Despite being endowed with large oil, gas,   The pipeline project aims to contribute to  cheaper in the
                         hydro and solar resources and having the poten-  the development of critical sectors, including   long run
                         tial to generate 12,522 MW of electric power   food security, infrastructure, mining, renew-
                         from existing plants, on most days, Nigeria can   able energy and human development. Among
                         only dispatch around 4,000 MW.       other objectives are promoting regional inte-
                           This means that it is vulnerable to power cuts   gration, advancing social and economic devel-
                         and outages, known across West Africa as “dum-  opment, reducing gas flaring and exporting gas
                         sor.” Anyone who can afford it has their own   to Europe.
                         diesel-power backup generator, which causes
                         higher carbon emissions and damages public   Looking ahead
                         health in crowded cities.            According to Dr. Adeleke Olorunimbe Mamora,
                           Nigeria recently announced a new National   Nigeria’s Minister of Science, Technology and
                         Renewable Energy and Energy Efficiency Policy   Innovation, policy integration and coordina-
                         in a bid to fast-track the government’s effort to   tion is required for successful implementation
                         diversify the energy mix. This aims to promote   of energy transition planning in Nigeria.
                         energy sources such as solar, wind, biomass,   “The highly distributed institutional struc-
                         hydro and coal to power. It also aims to increase   ture of the energy sector in Nigeria means that
                         electricity access to unserved and underserved   coordination of policies will be essential to
                         pre-urban, rural areas or areas with difficult ter-  unlocking integrated energy transition planning
                         rains as well as strengthen the existing partner-  and ensuring its success,” Mamora said.
                         ship in the sector.                    “A cross-cutting agency or body tasked with
                           Speaking at the Fifth National Coun-  doing so would be helpful in building consensus
                         cil on Power (NACOP) conference in Abuja   and developing a coherent plan which in turn
                         in December 2022, the Minister of Power   would allow for the scaling up of renewable
                         Abubakar Aliyu explained the country’s pol-  energy to meet the needs across the Nigerian
                         icy and its “Vision 30:30:30,” which will see the   energy sector.” ™
                         country add 30,000 MW of electricity by the
                         year 2030. The vision will also see 30% of the
                         country’s energy mix coming from renewables,
                         NewsBase reports.
                           At COP26 in Glasgow, Nigeria pledged to
                         achieve net-zero emissions by 2060. This com-
                         mitment was made by President Muhammadu
                         Buhari, who highlighted the challenges that cli-
                         mate change has posed for the country.
                           International cooperation in the renewable
                         power sector is also on the cards as Nigeria is
                         to partner with China to boost its green energy
                         generation, Aliyu revealed in November 2022.



       Week 03   19•January•2023               www. NEWSBASE .com                                               P5
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