Energy transition is a hot topic that is at the frontline of climate change mitigation. Focused on ensuring a dynamic from fossil fuel-based energy systems to clean energy systems, implementation of energy transition directly interacts…
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,…
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,…
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…
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…
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…
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…
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…
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…
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…