The organisers of the forth coming Future Energy Nigeria conference and exhibition have promised to bridge the country’s energy access gap, as well as the role of off-grid generation projects and the issue of the NERC initiative to franchise the Electricity Distribution Companies (DisCos) in Nigeria, adding that the off-grid energy market opportunity in the country is massive.
The conference which will feature a discussion panel themed “Bridging Nigeria’s energy access gap” is expected to shine some light on the off-grid projects of the Rural Electrification Agency (REA), from increasing access rates to their positive impact in the communities.
Managing Director/CEO of the REA in Nigeria , Mrs Damilola Ogunbiyi, and one of the featured panelist says, “the International Energy Agency (IEA) predicts that mini grids could account for up to $300 billion of investment by year 2030. For Nigeria, the off-grid energy market opportunity is massive and mini grids could account to up to $10 billion annually.”
According to her: “This translates to huge economic opportunities for private sector developers and a larger vehicle for electrifying community clusters across rural and urban Nigeria. Mini grids, indeed, are the future for reaching unserved and underserved communities with safe, reliable and clean energy.”
The High Commissioner of India to Nigeria, H.E. Mr. Abhay Thakur, who is a VIP guest speaker will address “India’s interest in working with the Nigerian power and energy ecosystem.”