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Home Business News

FG Plans To Generate 13,000MW From Solar Energy

Editor by Editor
December 25, 2015
in Business News
Gas flaring
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The Federal Government is planning to generate 13,000Mw of electricity from solar energy.

This was disclosed by the Minister of Environment, Mrs. Amina Mohammed, in a document detailing some of the highlights and agreements reached at the recently concluded Conference of Parties on Climate Change, otherwise known as COP 21, which was held in Paris, France.

The Minister also said that the Federal Government has resolved to end gas flaring, stating that Nigeria could generate as much as $7.5bn worth of benefits if it could put an end to the flaring of gas.

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“Nigeria’s ambitious INDCs aim at reducing emissions by 20 per cent by the year 2030 with support from the international community. This will support the restructuring of the economy in a way that will facilitate inclusive growth with vast opportunities to diversify the energy mix, with emphasis on renewable energy and efficient gas power.

“In particular, we plan to develop around 13GW of off-grid solar power, delivering energy access to the poorest communities in a cheaper and healthier manner with less emission. We also plan to create a more efficient, lower carbon oil and gas sector. By ending gas flaring and using the gas for commercial purposes, including power generation, we could generate as much as $7.5bn worth of benefits.” she said.

 

Editor

Editor

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