There are critical success factors in implementing an efficient transmission of power in Nigeria, which include decentralizing the power sector and improving the grid system.
These points were highlighted by Prof. Yemi Oke, LLM, during the Nairametrics Energy Outlook held on April 27, where he emphasized the need for efficient transmission implementation in the power sector.
According to him, there needs to be a collaboration between the government and stakeholders such as fostering partnerships between the public and private sectors, and adequate investment in renewable options.
Prof. Oke addressed grid infrastructure issues, advocating for discussions on various grid distribution models, including state mobile off-grid solutions.
He raised concerns about the reliance on the grid, citing the high cost and unreliability, especially with renewables operating off-grid.
Prof. Oke questioned the federated nature of the grid and emphasized collaboration between private and public sectors.
Moreover, he underscored the importance of improving existing grid infrastructure and praised states adhering to the Electricity Act.
As many Nigerians are investing in solar and inverters, renewable options, there is a need to continue scaling up to aggregate these options.
Prof. Oke therefore suggested that the focus should not be on gas because there are not enough reserves. It was advised that if the terrain is suitable for solar, an investor should be sought.
Prof. Oke also noted that generating megawatts will incur millions of dollars, which cannot be covered by state governments’ budgetary allocations.
He believes that if a state has decent terrain for businesses to thrive in the power sector and renewables, investment opportunities should be explored
Overall, he emphasized that a concerted effort from all parties involved is necessary to achieve an effective and sustainable transmission infrastructure.