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Power Sector Loses N69.1bn in Seven Weeks

by Alice Babalola
Power Sector

According to data obtained from Power Team in the Office of the Vice President on Wednesday, the nation’s power sector has lost N69.1bn between January 1 and February 19 this year owing to constant challenges in the sector.

The data revealed that the loss in the sector was as a result of insufficient gas supply to power generation plants as well as inadequate distribution and transmission infrastructure.

It was reported that a total of 2,332.95 megawatts of electricity was not generated due to the unavailability of gas on February 19, 2019.

32.5MW of power was also not generated due to unavailability of transmission infrastructure, while 543MW was not generated due to high frequency resulting from unavailability of distribution infrastructure.

On the same day, 150MW of power was recorded as losses due to water management constraint.

The APT explained, “The power sector lost an estimated N1.468bn on February 19, 2019 due to insufficient gas supply, distribution infrastructure and transmission infrastructure.

“The estimated amount lost to insufficient gas supply, distribution, transmission and water reserves to date in 2019 is N69,064,000,000.”

Still on February 19, 2019, the average energy sent out in the sector was 4,408MW-hour/hour, up by 3.28MWh/h from the previous day’s figure.

The APT added that the dominant constraint on February 19, 2019 was unavailability of gas, preventing a total of 2,332.95MW from being available on the grid.

It stated that peak generation attained on February 19, 2019 was 5,017MW, while peak average energy ever sent out was 4,557MWH/H on February 2, 2016.

The peak generation ever attained was put at 5,375MW and this was recorded on February 7, 2019.

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