General
Schneider Electric Advocates Microgrids for Sustainable Energy Drive
By Adedapo Adesanya
As part of efforts to drive further adoption of energy alternatives, Schneider Electric, has shared sustainable approaches to providing resilient and clean energy in Nigeria and the world in general.
The digital energy multinational at a recent innovation summit held in Maryland, US, hosted top pioneer companies in the microgrid space to discuss the way forward in the industry.
Speaking at the event, Schneider Electric Group Chairman and CEO, Mr Jean-Pascal Tricoire, addressed how industry experts, through software and technologies, are making the digital, electric world a reality.
He also posed that organisations across the world can accelerate digital transformation by choosing the right technologies to achieve a wide range of sustainability goals, like microgrids.
Adding her input on Schneider’s aim for upscaling the energy world in Nigeria, Microgrids Expert, Schneider Electric, Ms Teina Teibowei, mentioned that carbon emissions from the power sector in the country reached around 11.7 million metric tons of carbon dioxide in 2020.
She stated that existing technologies could reduce these emissions by 70 per cent and engineer a healthier energy world for humans across the world.
In addition, she shared a core point for organisations wishing to adopt microgrids in Nigeria on the use of the Energy-as-a-service funding model for seamless project execution.
“The Energy-as-a-service model limits technical and operational risk while delivering on reliability and cost-effectiveness. Schneider Electric is strong with an extensive network of partners in West Africa to deliver on this solution.”
With the recent sustainability dilemma facing the world, rapid transformations in technology across all sectors, and the tripled advancement of cars, computers, phones, and daily technologies relied on, there is an ever-increasing demand for more energy than the 20th-century technology for technological power advancement.
Microgrids are self-contained electrical networks that draw from on-site energy sources and can operate independently of the grid. They offer straightforward solutions for elevating energy resilience and clean energy. Thus, they are a key 21st -century solution for powering 21st-century technologies.
According to, Mr Babajide Ogunlesi, Regional Product Application Engineer, Schneider Electric, the use of microgrids is participating in the resolution of the energy challenge in Nigeria by paving a sustainable path to electrification, as well as providing innovative energy solutions to drive cost-efficiency for homes and organisations.
He also mentioned a key point to note when building a microgrid, which is to start with a rightsized microgrid design to optimize cost efficiency as there is no one-size-fits-all microgrid.
“It is essential to right-size at the design phase of the microgrid for it to deliver measurable
energy-cost efficiency. Factors to consider are the specific load to power, the load requirements at any given time and the demand sources.
“Taking the time to design the solution properly avoids ending up with an under or over-sized microgrid. The goal is to tailor a solution that is just right for the user’s energy needs,” he added.
Schneider Electric has committed to providing energy and automated digital solutions for efficiency and sustainability in every home, industry, infrastructure, and data centre by combining energy technologies, real-time automation, software, and services.
By Dipo Olowookere
A $15 million debt facility has been obtained by Watt Renewable Corporation from the AfriGreen Debt Impact Fund to finance hybrid solar power plants to be built and operated by the former, especially in Nigeria.
WATT intends to use the projects to serve commercial and industrial clients in Nigeria, particularly in the telecommunication and financial services sectors.
By integrating solar hybrid solutions, the firm aims to significantly reduce diesel consumption and CO2 emissions, enabling its clients to achieve substantial energy cost savings while promoting environmental sustainability.
As a pioneer in renewable energy solutions, WATT continues to drive innovation in Nigeria’s energy sector.
The company’s robust roll-out plan includes deploying hundreds of hybrid solar power sites nationwide to meet the growing energy demands of commercial & industrial clients.
This strategic expansion aligns with WATT’s vision to revolutionize energy access across Africa, enabling sustainable development and reducing reliance on fossil fuels.
The funds from AfriGreen provide the critical capital needed to accelerate WATT’s ambitious projects, strengthening its market position and empowering businesses with reliable and affordable energy solutions.
Business Post gathered that to mitigate the currency risk for WATT in the event of devaluation of the Nigerian Naira, AfriGreen is offering a local currency facility that matches the payment structure of the power purchase agreements.
“We are thrilled to partner with AFRIGREEN on this transformative journey to expand reliable and sustainable energy solutions across Africa.
“With this support, it enables us to accelerate our shared mission of providing hybrid solar power to businesses, reducing carbon emissions, and supporting economic growth while enhancing energy security for our clients,” the Managing Director of WATT, Mr Oluwole Eweje, said.
“We are delighted to support WATT in rolling out hundreds of hybrid sites across the country.
“This represents another key transaction for AFRIGREEN in Nigeria. The combination of high energy prices, good solar irradiation, and strong demand from industrial and commercial energy users makes this market particularly attractive for companies like WATT.
“By leveraging these favourable market conditions alongside WATT’s exceptional operational performance and a well-structured financing solution, we are setting the stage for a strong and lasting business partnership,” the Managing Director of AfriGreen, Mr Alexandre Gilles, stated.
By Adedapo Adesanya
The Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) has denied issuing a directive that gas supply to power generating companies (GenCos) be halted.
In a statement on Wednesday, the authority also denied instructing wholesale gas suppliers to stop further supply of gas to companies due to failure in payment obligations.
The NMDPRA described reports stating that it has directed the stoppage of gas supply to GenCos over N2 trillion debt as “false and completely unfounded”.
“It has absolutely no bearing on the information shared at a recent stakeholders’ engagement held in Lagos between the Authority, the OPTS, IPPG and other stakeholders in the oil and gas industry,” the NMDPRA said.
“The purpose of the engagement was to sensitise stakeholders on the requirements, opportunities and benefits associated with the implementation of the wholesale supply license as provided by sections 142 and 197 of the Petroleum Industry Act (PIA) 2021.
“It was a follow-up to an earlier stakeholder engagement held at the NMDPRA corporate headquarters in Abuja on November 27, 2024.
“The Authority wishes to reassure all our stakeholders and indeed the general public that at no time was the false statement made at that event and anywhere else, and are advised to completely disregard the publication as every effort is being made to ensure that the supply and distribution of natural gas and petroleum products to end users is seamless and unabated as we head into the festive season and indeed all through the coming year 2025.”
Recall that Nigeria’s national grid experienced another collapse on Wednesday, the 11th time in 2024 as Gencos couldn’t generate enough power, compounding issues facing the Nigerian power sector.
This was the first time in over a month as the last time the nation witnessed a nationwide shutdown in electricity supply was on November 7, 2024.
Before then, the country was experiencing an incessant collapse of the grid, which prompted the federal government to set up a team to address the issue.
By Aduragbemi Omiyale
Nigeria is currently experience a cut in power supply after the national grid collapsed for the 11th time in 2024.
This is the first time in over a month as the last time the nation witnessed a nationwide shut down in electricity supply was on November 7, 2024.
Before then, the country was experiencing an incessant collapse of the grid, which prompted the federal government to set up a team to address the issue.
However, just when Nigerians were thinking they will not witnessed another national grid collapse in the year, it issue reared its ugly head again.
On Wednesday afternoon, most of the energy distribution companies suffered power outage, prompting them to inform their customers of the situation.
One of the DisCos, Ikeja Electric Plc, in a message to electricity consumers under its franchise area, said, “Please be informed that we experienced a system outage today, December 11, 2024, at about 13:32 hours affecting supply within our network.
“Restoration of supply is ongoing in collaboration with our critical stakeholders. Kindly bear with us.”
Recall that on Tuesday, in a report, Google listed national grid as one of the top trending searches by Nigerians this year.
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