[PDF] Restructuring Of Electricity Market In Nigeria eBook

Author : Arinze Stanley Igweh
Publisher : LAP Lambert Academic Publishing
Page : 92 pages
File Size : 32,78 MB
Release : 2013
Category :
ISBN : 9783659459566

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The power sector has suffered a lot of neglect and mismanagement over the years resulting in low power generation, high energy losses and high load factors leading to inability to cope with peak daily demand. The mode of operations in PHCN such as mode of payment, use of unreliable database, poor customer services, method of distribution of bills and meter reading have also contributed to inefficiency in the sector. After examining the structure of electricity market in Nigeria; deregulation and privatization seem to be the perfect tool to the ongoing restructuring process. In this deregulation and privatization, there will be three main key players namely; Government, Investors and Consumers who must not have conflict of interest in order to maintain the three key elements of deregulation and privatization: good Tariff, Competition and equal Market Power among market participants. Government, through its political, legal, and regulatory institutions creates policies and contracts which deregulation and privatization are based on. Most times these policies and contracts are manipulated to favour politicians hence they have major shares of the privatized ....

Author : Eshi Agbadua
Publisher : GRIN Verlag
Page : 60 pages
File Size : 19,51 MB
Release : 2017-02-22
Category : Business & Economics
ISBN : 3668401438

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Master's Thesis from the year 2015 in the subject Economics - Case Scenarios, grade: 65, Aston University, language: English, abstract: The slow and deteriorating performance of the electricity power sector over the last few decades triggered the Federal Government of Nigeria to embark on a power sector reform program. This study examines the impact of the power sector reform (restructuring and privatization) on the performance of the electricity sector in Nigeria over the past twenty-five (25) years. Relevant electricity indicators are used to access the performance changes in three significant period; pure state-ownership, transition (restructuring and unbundling) and full privatization of the sector. The study also assesses how the effect of the economic environment, regulatory governance and political climate/effectiveness within the period contributes to the improvements in the electricity sector. The results shows that privatization is associated with improvement in the technical efficiency, access to electricity, electricity consumption per capita and an increase in electricity tariff in the sector. Furthermore, the results highlight the significant relationship between regulatory governance and a robust economy on the performance changes observed in the power industry.

Author : John Carlson
Publisher : Nova Publishers
Page : 152 pages
File Size : 27,37 MB
Release : 2002
Category : Business & Economics
ISBN : 9781590332214

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Five essays examine issues of restructuring of electricity markets and regulations. The authors generally acknowledge that total deregulation could have disastrous consequences and promote a hybrid restructuring that takes into account certain concerns related to air pollution and consumer rights. Also included are abstracts of 18 journal papers on the same topic. Annotation copyrighted by Book News, Inc., Portland, OR

Author : Ayodele Oni
Publisher : AuthorHouse
Page : 324 pages
File Size : 38,21 MB
Release : 2013-08-29
Category : Business & Economics
ISBN : 1481775995

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Hitherto, industry participants and professionals have had to navigate the emerging and complex Nigerian electricity supply industry (the power sector) without materials or texts that adequately and comprehensively address the history and policy issues, as well as the legal and regulatory frameworks of the industry. In particular, before this book, there was no book written from a practical and hands-on perspective on the key issues connected with the Nigerian power sector or Nigerian power projects generally; neither was there a book that provided good and practical insights on matters related to the negotiation of power sector transaction documents in Nigeria. The few available texts covered only limited aspects of the power sector as none covered multiple key issues. This 400 page book consisting of 10 chapters, attempts to fill the lacuna. It reviews the general legal and regulatory regime of the power sector. It also takes a comprehensive look at the power sector from a historical dimension and looks at where Nigeria is, in terms of the legal and regulatory regime, and the direction in which the country may be headed. Of particular interest to power sector professionals and other persons who negotiate contracts in the power sector or contracts related to the development of power projects, is the chapter which serves as a guide on negotiating key power sector contracts, such as Power Purchase Agreements, Gas Supply Agreements and Engineering, Procurement and Construction Contracts. Noteworthy, is the fact that the book contains contributions from internationally recognized energy law and policy experts like Stella Duru of Banwo & Ighodalo, Jason Kerr of White & Case, Arun Velusami of Norton Rose and Akshai Fofaria of Pinsent Masons. Further, the book considers other issues in the power sector, such as the Partial Risk Guarantee, which backstops the Federal Government of Nigerias payment obligations to power generation companies; and pricing issues.

Author : Ofure Afeisume
Publisher : GRIN Verlag
Page : 5 pages
File Size : 28,83 MB
Release : 2020-02-18
Category : Political Science
ISBN : 3346116093

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Fachbuch aus dem Jahr 2020 im Fachbereich Politik - Internationale Politik - Thema: Sonstiges, , Sprache: Deutsch, Abstract: The Nigeria Power Sector appeared to have an awesome history of electricity governance, but the development of the sector has been greatly impeded. This could be as a result of its inability or failure to effectively implement the legal policies and institutional frameworks and more still the proactive measures to bring about effective sector regulation through sustainable socially, economically viable and proactive management of the power sector in Nigeria. The current system of power sector reform began in the year 2000 with the implementation of the Electric Power Implementation Committee (EPIC). The committee drafted the National Electric Power Policy (NEPP) in the year 2001, leading to the Electric Power Sector Reform Act 2005. The reform comprised essentially two main components, including: restructuring and privatization1. It is based on this premise that this essay sought to review the policies for power sector reform in Nigeria, with emphasis on the Electric Power Sector Reform Act 2005.

Author : P. Collier
Publisher : Springer
Page : 447 pages
File Size : 15,71 MB
Release : 2008-04-24
Category : Business & Economics
ISBN : 0230583199

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This book demonstrates that there is sufficient evidence on the Nigerian economy and society to inform many policy issues, and reveals the current problems and policy options that a democratic Nigeria will need to debate and resolve. It presents an agenda of reform as unfinished business.

Author : Tade Oyewunmi
Publisher :
Page : 16 pages
File Size : 43,96 MB
Release : 2016
Category :
ISBN :

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While developed economies like the United States, the United Kingdom and Germany are often cited as classic examples of successful liberalised and private-sector led electricity markets, events such as: (i) the California electricity crisis of 2000-2001; (ii) the blackouts in parts of North America and Europe in 2003; and (iii) the emerging energy market uncertainties directly or indirectly traced to the evolving international energy decarbonisation policies,all underscores the point that liberalisation and privatisation are not perfect concepts by themselves.There is now a growing consensus that the process of privatisation and liberalisation of energy industries require definite levels of regulatory oversight and commitment to guarantee efficiency, reliability and protect all stakeholders. Notwithstanding the inherent challenges of liberalisation as a means to an end, a set of variables has been generally identified as necessary for an efficient and sustainable private-sector led electricity market.The variables include competition, regulatory transparency and certainty, an apolitical and independent regulator, access to information, efficient cost and price regulation, customer engagement and protection and third party access to essential infrastructure etc. In this light, the aim of this article is to discuss the on-going privatisation and liberalisation process of the Nigerian electricity supply industry; while identifying and commenting on some of the key regulatory instruments produced by the Nigerian Electricity Regulatory Commission (NERC) as the regulator.

Author : Norbert Edomah
Publisher : Routledge
Page : 284 pages
File Size : 38,29 MB
Release : 2020-01-24
Category : Political Science
ISBN : 0429533942

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Electricity and Energy Transition in Nigeria provides readers with a detailed account of the dynamics of energy infrastructure change in Nigeria’s electricity sector. The book starts by introducing the basic theories underpinning the politics of energy infrastructure supply and goes on to explore the historical dimensions of the Nigerian energy transition by highlighting the influences and drivers of energy systems change. Edomah also examines the political dynamics at play, highlighting the political actors and institutions that shape energy supply, as well as the impact of consumer politics. The book concludes by considering how all these factors may influence the future of energy in Nigeria. This book will be of great interest to students and scholars of energy transitions, energy technology and infrastructure, and African Studies more generally.

Author : Charles J. Cicchetti
Publisher : Pennwell Books
Page : 228 pages
File Size : 13,80 MB
Release : 1995
Category : Business & Economics
ISBN :

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This unique publication offers a comprehensive perspective on the restructuring of the electricity sector. It explores, describes, and identifies common elements of change, emphasizing from the experiences of developed and developing nations.