Home Business Energy Power Supply Crossed The 4,000MWh Threshold In 19 Out of The 30-day Review Period
Energy

Power Supply Crossed The 4,000MWh Threshold In 19 Out of The 30-day Review Period

Share
Share

 

December 28, 2018/ FDC

The average power output from the national grid within the review period was 4,038MWh/h, 7.62% higher than the average of 3,752MWh/h in the corresponding period in October.

On grid power supply crossed the 4,000MWh/hour threshold in 19 out of the 30-day review period.

This can be attributed partly to hydrogenerated power output as there was no record of water constraints in November. Despite a significant improvement in power output, the sector lost N38.18bn (annualized at N458.16bn).

Proshare Nigeria Pvt. Ltd.

Outlook 

We expect the average power supply to remain around current levels of 3,800MWh/h – 4,000MWh/h provided there are no gas pipeline disruptions.

Share

Businesstoday Magazine

Businesstoday Conference/Awards

Related Articles

Ardova Plc @60: We’re Committed To Energy Transition

BY GABRIEL ESEZOBOR— Poised to address the country’s diverse energy needs, Ardova...

Tinubu Hails $5 billion Deepwater Investment By Shell And Partners Investment, Says Is A Milestone Achievement For Nigeria’s Energy Sector

President Bola Ahmed Tinubu on Monday welcomes Shell and its partners’ announcement...

Shell Invests In Bonga North Deep-water project, Nigeria

Shell Nigeria Exploration and Production Company Limited (SNEPCo), a subsidiary of Shell...

Oloibiri Museum: NCDMB Executes Construction Contract With Julius Berger

The Nigerian Content Development and Monitoring Board (NCDMB) on Thursday executed the...