The Federal Government has sought to attain a financially healthy and technically robust Nigerian Electricity Supply Industry (NESI) to bridge the gap between the National Peak Demand Forecast of 19,788Mega Watts (MW) and the Peak Generation of 16th February 2022.
Managing Director of Nigerian Bulk Electricity Trading Company (NBET) Plc, Dr Nneaemeka Ewelukwa disclosed this at the weekend during the capacity building workshop for members of The ower Correspondents Association (PCAN) and Civil Society Organization in Lagos.
The theme of the workshop was ‘Building knowledge and plugging skills gap in power sector reporting.’
He said, “this mismatch is worrying the government that wants it to match.”
According to him, the distribution companies are improving their performance and facilities to bring the 15,262MW.
On how to bridge the gap, he said: “For you to bridge the gap between Peak Demand and Peak Generation, it speaks to these market reforms because two things need to happen.
“The system must have the ability to physically move that power. Two, if the system can move that additional power and GenCos are to bring that additional power.
“It must be paid for. So, it brings us back to the point I made about a sector that is financially healthy and technically robust.”
