‘Favourable policies key to attracting investment in renewables’ | The Guardian Nigeria News - Nigeria and World News

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'Policies are very important as the whole world is talking about renewable and we must also look at that versus the energy sources that we have.” Nigeria RenewableEnergy WaleYusuff

This was the view of Wartsila’s Managing Director/ Business Development Manager Africa North, Nigeria and Ghana, Wale Yusuff.

He added that in addressing the power issues, Nigeria must decentralize its energy generation systems, deploy the use of modular power solutions, improve its efficiency in less fuel consumption and focus attention on renewable integration. According to him, investment in renewable energy in Nigeria is massive, maintaining that report reveals that penetration of renewable in Africa is expected to reach 45 per cent by 2040.

According to him, Nigeria by 2030, would have an installed capacity of 32.0GW and a base load of 18.7 GW, but stated that the 18.7 GW clearly cannot operate the base load.

 

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