What Nigeria's poor power supply really costs and how a hybrid system could work for business | Premium Times Nigeria

  • 📰 PremiumTimesng
  • ⏱ Reading Time:
  • 39 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 19%
  • Publisher: 78%

Nigeria News News

Nigeria Nigeria Latest News,Nigeria Nigeria Headlines

What Nigeria’s poor power supply really costs and how a hybrid system could work for business

Nigeria’s electrification initiatives have favoured the expansion of centralised power systems to meet urban energy demand and decentralised power systems for rural areas. Such an approach could still leave a shortage of electricity in urban areas because of thefrom rural to urban areas in search of better quality of life. Extending the electricity reach of centralised systems might be costly, particularly in meeting the demand of the new urban population.

The model solution was an integrated hybrid solar-photovoltaic based power system without battery storage. In our model, the system met 56% of the commercial centre’s total energy demand from solar-PV and the rest from generators. It was assumed that the system would be maintained four times a year to prevent unplanned downtime.

Our study shows that such a hybrid system can help Nigeria address its triple challenge of unreliable power supply, pollution and the economic cost of electricity to businesses and households. But for such a solution to power residential areas and communities from its excess energy, government would have to create an enabling environment.The electricity market would need to be structured to make energy trading possible.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 3. in NG
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

*Do you wish to have another source of income.....?* Forex is another way to get a steady income apart from salary or allowance. To learn Forex,contact: Apart from teaching, I will give you some tools to make trading easy.

Nigeria Nigeria Latest News, Nigeria Nigeria Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

The Guardian Nigeria News - Nigeria and World News | The Latest news in Nigeria and world news. The Guardian Nigeria Newspaper brings you the latest headlines, opinions, political news, business reports and international news.Breaking Nigerian News - Leading Nigeria Newspaper - Top News from Nigeria, Africa and the world HantecMarketsNg Eh! No long talk Alaye just EndSARS HantecMarketsNg E yin werey Hantec_Africa Give your Interior that beautiful new outlook with our Canvas print wall frame 🖼 Custom made, Affordable, Payment Policy: Pay on Delivery Kindly help me RT 🙏🏾 My clients are waiting on your TL. Click on the link below to view our virtual gallery
Source: GuardianNigeria - 🏆 1. / 94 Read more »