Yemisi Izuora
Some experts who are worried about the state of Nigeria’s electricity sector have suggested investment in alternative energy sources.
They believe such investment would help to turn around the industry and a potential panacea to the numerous problems facing Nigeria’s power sector.
The President of Alternative Energy Network for Social Development, Engr. Mike Udayaeze indicated recently that Nigeria has the potential to exploit its abundant solar, considering its geographic location.
He also maintained that renewable energy sources such as sunlight, wind, rain, tides, waves, and geothermal heat can be used to replace conventional fuels in four distinct areas: electricity generation, air and water heating/cooling, motor fuels, and rural (off-grid) energy services. Udayaeze observed that renewable energy is one of the means of tackling the global challenges of climate change.
He said that it is now being seen as a cost-effective development solution for developed countries and also for a developing country such as Nigeria.
Similarly, the Executive Secretary of the Renewable Energy Network, Christine Lins, noted that “If you look back 10 years ago, Renewable energies were providing 3 per cent of global energy, and now, they provide something close to 22 per cent, so that has really skyrocketed”.
In Nigeria there is need for the Federal government to look at existing policies on renewable energy and take full advantage of it to boost her power generating capacity,” she added.