Nigeria stands at a pivotal moment in its energy transition journey. This report explores how natural gas, a critical resource, is being positioned to bridge the gap to a sustainable energy future in Nigeria 📈 The report highlights: 💡 Why…
This report critically examines the role of hydropower in Nigeria’s energy landscape, assessing challenges and lessons from global leaders like Brazil and India to inform Nigeria’s strategy. Hydropower currently contributes ~29% of Nigeria’s grid power, offering a low-carbon energy solution.…
The Energy Cross Road podcast is an initiative that seeks to synthesize new information, insights and trends that can help Africa develop suitable pathways for its energy transition implementation. The podcast regularly engages key stakeholders, industry experts, policy makers and…
Introduction The Nigerian National Energy Masterplan (2022) [1] is a policy instrument that remains one of the most ambitious outlooks for the future of energy in Nigeria. Nevertheless, as the country sets off on this important process of attaining energy…
In a world where shareholders, board rooms and organizations are driven by figures of profitability, investment decisions are mainly determined by their ability to return profits to the investors in a short term. This is the essence of capitalism where…
A recent report released by International Energy Agency shows that Africa gets insignificant funding for its clean energy transition. Specifically, the African Development Bank reports that Africa gets less than 2% of global investment in clean energy, highlighting the dire…
Interestingly, the long-standing agreement between Saudi Arabia and the US about using the US dollar as the currency for transaction in the oil market is coming to an end. Saudi Arabia as reportedly refused to renew the agreement, indicating a…
Achieving net-zero by 2050 requires massive adoption of energy transition technologies such as renewables, electrification, decentralization and grid modernization, energy efficiency and conservation mechanisms amongst others. In fact, these technologies are required to attain significant deployment levels, if net-zero by…
The administration of President Bola Ahmed Tinubu has reiterated that natural gas remains a critical energy resource to drive the country’s energy transition. This commitment is in line with the government’s Decade of Gas Initiative which identifies natural gas as…
Nigeria’s energy mix has been evolving in recent times with gradual incorporation of renewables in the country’s energy ecosystem. This evolution is particularly taking place in the value chain of energy production, which has hitherto been dominated by fossil fuel…