BUSINESS

“Nigeria is taking charge of its energy future— Ade Yesufu

&NewLine;<p>&OpenCurlyDoubleQuote;Nigeria is taking ownership of its power deficit and is taking charge of its energy future” says <strong>Future Energy Nigeria<&sol;strong>’s business development director Ade Yesufu&period;<&sol;p>&NewLine;&NewLine;&NewLine;&NewLine;<p>Yesufu who made this statement in respect of&NewLine;the 12-13 November 2019 <strong>Future Energy conference in Lagos <&sol;strong>added that&comma; &OpenCurlyDoubleQuote;and the new initiatives by the Government&NewLine;present unlimited&nbsp&semi;opportunities for stakeholders across the entire power sector&NewLine;value chain&comma; including metering&comma; billing and revenue collection&comma; technology and&NewLine;service providers&comma; financiers&comma; manufacturers and suppliers across the sector&period; Nigeria&NewLine;is positioning itself as an investment destination for the power sector&period; We’re&NewLine;excited&period;”<br>&NewLine;The conference and exhibition in Lagos in&NewLine;November presents solutions for the power sector and connects power and energy&NewLine;professionals working together to advance a sustainable energy economy&period;<br>&NewLine;<br>&NewLine;<strong>Looking to innovation solutions<&sol;strong><br>&NewLine;&OpenCurlyDoubleQuote;With the highest GDP in Africa and still growing at an impressive rate”&nbsp&semi;explains Mr Yesufu&comma;&nbsp&semi;”businesses&NewLine;across Nigeria are looking to innovative solutions to create their own stable&NewLine;and viable power solutions&period; Investments in mini grids contribute towards rural&NewLine;electrification and the Meter Asset Provider &lpar;MAP&rpar; initiative was introduced by&NewLine;the Nigerian Energy Regulatory Commission &lpar;NERC&rpar; to address the end-user&NewLine;metering gap with regards to&nbsp&semi;financing&comma; procurement&comma; installation&comma;&NewLine;servicing&sol;maintenance and replacement of metering equipment&period;<br>&NewLine;<br>&NewLine;He adds&colon; &OpenCurlyDoubleQuote;<strong>Future Energy Nigeria<&sol;strong>&nbsp&semi;will&NewLine;focus on bridging the country’s energy access gap&comma; the role of off-grid&NewLine;generation projects as well as discuss the NERC initiative to franchise the Electricity&NewLine;Distribution Companies &lpar;DisCos&rpar; in Nigeria&period; The goal is to increase&NewLine;competitiveness in the market&nbsp&semi;and improve the quality of electricity supply&NewLine;through investment in metering&comma; billing&comma; collection and network rehabilitation&NewLine;and expansion&period;”<br>&NewLine;<br>&NewLine;The 16th edition of this longstanding&comma; leading&NewLine;conference and exhibition will take place at the Eko Hotel&nbsp&semi;in Lagos&nbsp&semi;from&nbsp&semi;12-13&NewLine;November 2019&period;<br>&NewLine;<br>&NewLine;<strong>Conference session highlights at Future Energy Nigeria include&colon;<&sol;strong><&sol;p>&NewLine;&NewLine;&NewLine;&NewLine;<ul class&equals;"wp-block-list"><li><strong><em>Opening&NewLine; Session&colon; &OpenCurlyDoubleQuote;Bridging Nigeria’s energy access gap”<&sol;em><&sol;strong><br>&NewLine; <em>This&NewLine; session will shine a light on the off-grid projects of the Rural&NewLine; Electrification Authority&semi; from increasing access rates to their positive&NewLine; impact in the communities&period;<&sol;em><br>&NewLine; &nbsp&semi;<&sol;li><li><strong><em>Recapitalisation&NewLine; of DisCos&quest;<&sol;em><&sol;strong><br>&NewLine; <em>&&num;8211&semi;&NewLine; Can the recapitalisation theory work in practice&quest;<br>&NewLine; &&num;8211&semi; Panel discussion&colon; What will recapitalisation achieve for the Nigeria&NewLine; power industry&quest;<&sol;em><br>&NewLine; &nbsp&semi;<&sol;li><li><strong><em>Next&NewLine; steps&colon; Understanding sub-franchising of DisCos’ operations<&sol;em><&sol;strong><br>&NewLine; <em>&&num;8211&semi;&NewLine; Presentation&colon; Where are the private sector opportunities in the&NewLine; distribution franchising business model&quest;<br>&NewLine; &&num;8211&semi; Country case study&colon; How will a concessional agreement in Ghana realise&NewLine; increased revenue collection&quest; What can Nigeria learn from the agreement&quest;<br>&NewLine; &&num;8211&semi; Panel discussion&colon; Franchising arrangements in the areas of supply&comma;&NewLine; metering&comma; billing and collection<&sol;em><&sol;li><&sol;ul>&NewLine;&NewLine;&NewLine;&NewLine;<p><strong>Solar off-grid and IPU training<&sol;strong><br>&NewLine;<strong>Future Energy Nigeria<&sol;strong>’s free and very practical Knowledge Hub sessions at on the&NewLine;exhibition floor aim to assist power professionals and senior engineering&NewLine;students to become familiar with the latest technology and current trends and&NewLine;thereby addressing the skills gap and advancing capacity building to propel&NewLine;Nigeria’s power sector&period; The training will provide a platform to accelerate&NewLine;entrepreneurial spirit in off-grid solar where participants can roll up their&NewLine;sleeves and get stuck in the &OpenCurlyDoubleQuote;A-Z of installing solar panels”&period;<br>&NewLine;<br>&NewLine;The Knowledge Hub will also focus on the challenges of industrial power users&comma;&NewLine;including discussions on solutions for mitigating against increased costs of&NewLine;electricity and intermittent power<em>&period;<&sol;em><br>&NewLine;<br>&NewLine;Leading industry partners and suppliers Jubaili&NewLine;Bros and Greenville LNG are early confirmed&comma; returning gold and silver sponsors&NewLine;respectively&period; The exhibition is expected to&nbsp&semi;feature some 70&plus; leading global and local&NewLine;technology and services providers for the power and energy industry&comma; including&NewLine;country pavilions from South Africa and India&period;<br>&NewLine;<br>&NewLine;<strong>Thermal power plant site visit<&sol;strong><br>&NewLine;This year’s&nbsp&semi;<strong>Future Energy Nigeria<&sol;strong>&nbsp&semi;offers the unique opportunity again to go behind the&NewLine;scenes at a thermal power plant as part of a technical site visit tour at the&NewLine;Egbin Power Plant&period; An affiliate of the indigenous energy conglomerate&comma; the&NewLine;Sahara Group&comma; the company operates one of the largest thermal power plants in&NewLine;sub-Saharan Africa and contributes over 10&percnt; of the total electricity generated&NewLine;to the Nigerian National Grid&period; This makes it the heartbeat of power and the&NewLine;largest provider of electricity to Africa’s largest economy&period;<br>&NewLine;<br>&NewLine;<strong>Utility CEO Forum&colon; West Africa<&sol;strong><br>&NewLine;During&nbsp&semi;<strong>Future Energy Nigeria<&sol;strong>&comma; the Utility CEO Forum&colon; West Africa will also&NewLine;gather the region’s power leaders&comma; including DisCos&comma; GenCos and IPPs&comma; for&NewLine;closed meetings that are by invitation only and facilitated under Chatham House&NewLine;Rules&comma; to collaborate and focus on unique in-country challenges&period;<br>&NewLine;<br>&NewLine;<strong>Future Energy Nigeria<&sol;strong>&nbsp&semi;is organised by Spintelligent&comma; a multi-award-winning&NewLine;Cape Town-based exhibition and conference producer across the continent in the&NewLine;infrastructure&comma; energy and mining sectors&period; <&sol;p>&NewLine;

Openlife Reporter

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