Nairametrics
  • Home
  • Exclusives
    • Financial Analysis
    • Corporate Stories
    • Interviews
    • Investigations
    • Metrics
  • Markets
    • Cryptos
    • Commodities
    • Equities
      • Dividends
      • Stock Market
    • Fixed Income
    • Market Views
    • Securities
  • Industries
    • Company News
    • Consumer Goods
    • Content Partners
    • Corporate deals
    • Corporate Press Releases
    • Energy
    • Entertainment
    • Financial Services
    • Hospitality & Travel
    • Manufacturing
    • Real Estate and Construction
    • Tech News
  • Economy
    • Get Data
    • Macro-Economic News
    • Research Analysis
  • Business News
  • Financial Literacy
    • Career tips
    • Personal Finance
  • Lifestyle
    • Billionaire Watch
    • Profiles
  • Opinions
    • Blurb
    • Op-Eds
No Result
View All Result
  • Home
  • Exclusives
    • Financial Analysis
    • Corporate Stories
    • Interviews
    • Investigations
    • Metrics
  • Markets
    • Cryptos
    • Commodities
    • Equities
      • Dividends
      • Stock Market
    • Fixed Income
    • Market Views
    • Securities
  • Industries
    • Company News
    • Consumer Goods
    • Content Partners
    • Corporate deals
    • Corporate Press Releases
    • Energy
    • Entertainment
    • Financial Services
    • Hospitality & Travel
    • Manufacturing
    • Real Estate and Construction
    • Tech News
  • Economy
    • Get Data
    • Macro-Economic News
    • Research Analysis
  • Business News
  • Financial Literacy
    • Career tips
    • Personal Finance
  • Lifestyle
    • Billionaire Watch
    • Profiles
  • Opinions
    • Blurb
    • Op-Eds
No Result
View All Result
Nairametrics
No Result
View All Result
Home Industries Energy

Electricity update: Nigeria’s energy generation rebounds to 93,236MWh

Energy generation peaked at 4,159MW on Tuesday...

Samuel Oyekanmi by Samuel Oyekanmi
April 20, 2022
in Energy
TCN ready to waive Discos' N270 billion debt, TCN want Discos to recapitalise, Discos investment in power sector
Share on FacebookShare on TwitterShare on Linkedin

Nigeria’s energy generation rebounded from the downtrend recorded in the weekend, rising by 10% to 93,236.58MWh on Tuesday, 19th April 2022 compared to 84,764.67MWh recorded in the previous day.

In the same vein, Power sent out also improved by 10.1% to 92,144.71MWh from 83,723.87MWh recorded on Monday, 18th April 2022. This is according to data tracked by Nairalytics from the Transmission Company of Nigeria (TCN).

A further look at the data showed that energy generation peaked at 4,159MW on Tuesday, 2.3% higher than the 4,066.1MW recorded during the previous day, while off-generation also appreciated by 21.8% to 3,565.5MW

Despite the improvement, it is worth noting that Nigeria requires at least 105,000 electricity generation in other to record a relatively stable power supply.

Highlight (19th April 2022)

  • Peak generation – 4,159.3MW (+2.3%)
  • Off-peak generation – 3,565.5MW (+21.8%)
  • Energy generated – 93,236.58MWh (+10%)
  • Energy sent out – 92,144.71MWh (+10.1%)

Also, the highest frequency for the day was 50.8Hz, while the lowest frequency was 48.99Hz. Meanwhile, 98.83% of the total energy generated on Tuesday was sent out, which is higher than 98.77% sent out in the previous day.

Meanwhile, Federal Competition and Consumer Protection Commission (FCCPC), has insisted that consumers should be billed according to the hours of electricity supplied with respect to the approved band classification and have the right to contest the tariff band classification they have been assigned.

Why this matters

Electricity is an essential need of many Nigerians and their businesses, especially given the surge in the price of diesel and recent fuel scarcity across the country.

  • The resumption of some normalcy in the supply of electricity will go a long way in serving as a succour for the Nigerian populace.

Related

Tags: electricity supply

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Hot forex
Cornerstone
Mega Millions
Polaris Bank
Eco Bank
Access Bank
Bankers Committee
First bank


FCMB
Ikeja Electrics




    Business News | Stock Market | Money Market | Cryptos | Financial Literacy | SME |

    Recent News

    • INEC explains conditions for substitution of vice presidential candidates by political parties
    • THIS WEEK: Bears grip Nigeria’s equities market as inflationary pressure bites harder
    • Electricity update: Power generation in Nigeria improves to 86,983MWh

    Follow us on social media:

    Recent News

    INEC to introduce election results viewing portal, INEC headquarters gutted by fire

    INEC explains conditions for substitution of vice presidential candidates by political parties

    June 25, 2022
    Weekly Stock Update: Nigerian local bourse’s ASI depreciates by 0.22% w-o-w

    THIS WEEK: Bears grip Nigeria’s equities market as inflationary pressure bites harder

    June 25, 2022
    • ABOUT US
    • CONTACT US
    • PRODUCTS
    • ANDROID APP
    • iOS APP
    • DISCLAIMER
    • CAREERS
    • PRIVACY POLICY

    © 2022 Nairametrics

    No Result
    View All Result
    • Home
    • Exclusives
      • Financial Analysis
      • Corporate Stories
      • Interviews
      • Investigations
      • Metrics
    • Markets
      • Cryptos
      • Commodities
      • Equities
        • Dividends
        • Stock Market
      • Fixed Income
      • Market Views
      • Securities
    • Industries
      • Company News
      • Consumer Goods
      • Content Partners
      • Corporate deals
      • Corporate Press Releases
      • Energy
      • Entertainment
      • Financial Services
      • Hospitality & Travel
      • Manufacturing
      • Real Estate and Construction
      • Tech News
    • Economy
      • Get Data
      • Macro-Economic News
      • Research Analysis
    • Business News
    • Financial Literacy
      • Career tips
      • Personal Finance
    • Lifestyle
      • Billionaire Watch
      • Profiles
    • Opinions
      • Blurb
      • Op-Eds

    © 2022 Nairametrics

    Social Media Auto Publish Powered By : XYZScripts.com