{"id":497,"date":"2022-03-02T13:35:25","date_gmt":"2022-03-02T13:35:25","guid":{"rendered":"https:\/\/pscsolaruk.com\/blog\/?p=497"},"modified":"2022-03-02T13:35:27","modified_gmt":"2022-03-02T13:35:27","slug":"nigerias-solar-wealth-can-fix-costly-electricity-problem","status":"publish","type":"post","link":"https:\/\/pscsolaruk.com\/blog\/nigerias-solar-wealth-can-fix-costly-electricity-problem\/","title":{"rendered":"Nigeria\u2019s solar wealth can fix costly electricity problem"},"content":{"rendered":"\n<p>Nigeria\u2019s solar wealth can fix costly electricity problem<\/p><div id=\"pscso-1084855183\" class=\"pscso-content pscso-entity-placement\"><div class=\"pscso-adlabel\">Advertisements<\/div><p><a href=\"https:\/\/pscsolaruk.com\/rfq\/\"><img data-recalc-dims=\"1\" class=\"alignnone wp-image-509 size-full\" src=\"https:\/\/i0.wp.com\/pscsolaruk.com\/blog\/wp-content\/uploads\/2022\/03\/6tp7s.png?resize=710%2C200&#038;ssl=1\" alt=\"\" width=\"710\" height=\"200\" \/><\/a><\/p><\/div>\n\n\n\n<p>Exorbitant electricity bills never stop coming, yet lengthy power cuts dog 58-year-old Olanrewaju Jaji\u2019s shop where she sells soft drinks in Ikorodu, a border town north of Nigeria\u2019s economic nerve centre, Lagos.<\/p>\n\n\n\n<p>She had bought different sizes of generators, but they hardly lasted. She had almost given up until a flicker of hope came to her doorstep: a low budget solar-powered appliance advertised to her by a local merchant.<\/p><div id=\"pscso-1126279721\" class=\"pscso-content_2 pscso-entity-placement\"><div class=\"pscso-adlabel\">Advertisements<\/div><p><a href=\"https:\/\/pscsolaruk.com\/rfq\/\"><img data-recalc-dims=\"1\" class=\"alignnone wp-image-509 size-full\" src=\"https:\/\/i0.wp.com\/pscsolaruk.com\/blog\/wp-content\/uploads\/2022\/03\/6tp7s.png?resize=710%2C200&#038;ssl=1\" alt=\"\" width=\"710\" height=\"200\" \/><\/a><\/p><\/div>\n\n\n\n<p>A one-off payment for the appliance would cost her N52,000, she was told, but payment in instalment would be higher. Even at that, the appliances are only available for distribution in Lagos.<\/p>\n\n\n\n<p>Although the installation cannot power any of her three freezers, the fact that she can light up her shop at night, power her fan and radio \u2013 her major source of news \u2013 gave her some respite.<\/p><div id=\"pscso-2330418897\" class=\"pscso-content-3 pscso-entity-placement\"><div class=\"pscso-adlabel\">Advertisements<\/div><p><a href=\"https:\/\/pscsolaruk.com\/rfq\/\"><img data-recalc-dims=\"1\" class=\"alignnone wp-image-509 size-full\" src=\"https:\/\/i0.wp.com\/pscsolaruk.com\/blog\/wp-content\/uploads\/2022\/03\/6tp7s.png?resize=710%2C200&#038;ssl=1\" alt=\"\" width=\"710\" height=\"200\" \/><\/a><\/p><\/div>\n\n\n\n<p>Take irregular power supply away from business owners like Mrs Jaji, then&nbsp;<strong><a href=\"https:\/\/www.all-on.com\/media\/media-releases\/smes-and-alternative-power-for-nigeria\/_jcr_content\/par\/textimage.stream\/1565787884526\/10164a9aa6b92743b121a6e416dd5fc31b934087\/nigeria-power-sector-recovery-concept-stage-pid.pdf\" target=\"_blank\" rel=\"noreferrer noopener\">80 per cent<\/a><\/strong>&nbsp;of Nigerian businesses would have solved their&nbsp;<strong><a href=\"https:\/\/www.enterprisesurveys.org\/data\/exploreeconomies\/2014\/nigeria\" target=\"_blank\" rel=\"noreferrer noopener\">second biggest challenge<\/a><\/strong>&nbsp;after lack of access to finance.<\/p>\n\n\n\n<p>If the same is done to individuals, then around 55 per cent of Nigerians, per a<strong><a href=\"https:\/\/mypower.ng\/wp-content\/uploads\/2018\/01\/Baseline-Report.pdf\" target=\"_blank\" rel=\"noreferrer noopener\">&nbsp;government report,<\/a><\/strong>&nbsp;who have no access to grid-connected electricity, would also have a major burden taken off.<\/p><div id=\"pscso-2989327752\" class=\"pscso-cybertron pscso-entity-placement\"><div class=\"pscso-adlabel\">Advertisements<\/div><script type=\"text\/javascript\"><!--\r\nzone = \"30\";\r\npl = \"2226\";\r\nurl = \"https:\/\/cybertronads.com\/platform\";\r\n\/\/--><\/script>\r\n<script type=\"text\/javascript\" src=\"https:\/\/cybertronads.com\/platform\/show.js\"><\/script>\r\n<\/div>\n\n\n\n<p>Nigeria\u2019s power generation capacity, which consists of gas-fired and hydro-powered&nbsp;<strong><a href=\"http:\/\/documents.worldbank.org\/curated\/en\/266341497992825758\/pdf\/Nigeria-Power-Sector-Recovery-P4R-Concept-Stage-PID-8-3-2017.pdf\" target=\"_blank\" rel=\"noreferrer noopener\">stations<\/a><\/strong>, is about&nbsp;<strong><a href=\"https:\/\/www.usaid.gov\/powerafrica\/nigeria\" target=\"_blank\" rel=\"noreferrer noopener\">13,000 Megawatts,<\/a><\/strong>&nbsp;but the electricity transmitted remains less than 4,000MW\/hour.<\/p>\n\n\n\n<p>This is unlike South <a href=\"https:\/\/pscsolaruk.com\/blog\/the-bright-future-of-solar-energy-in-africa\/\">Africa<\/a>, a country with less than a third of Nigeria\u2019s population, which has an installed electricity capacity that is four times more than Nigeria\u2019s, according to the U.S. Power Africa programme.<\/p>\n\n\n\n<p>Again, South Africa\u2019s per capita energy consumption is 31 times higher than Nigeria\u2019s, even though the southern African nation is Africa\u2019s second-largest economy.<\/p>\n\n\n\n<p>Nigeria, Africa\u2019s largest economy, loses an estimated $29 billion a year due to this, which is about six per cent of the GDP,&nbsp;<strong><a href=\"https:\/\/www.imf.org\/en\/Publications\/CR\/Issues\/2019\/04\/01\/Nigeria-2019-Article-IV-Consultation-Press-Release-Staff-Report-and-Statement-by-the-46726\" target=\"_blank\" rel=\"noreferrer noopener\">according<\/a>&nbsp;<\/strong>to the International Monetary Fund.<\/p>\n\n\n\n<p>The&nbsp;<strong><a href=\"https:\/\/mypower.ng\/wp-content\/uploads\/2018\/01\/Baseline-Report.pdf\" target=\"_blank\" rel=\"noreferrer noopener\">government report<\/a><\/strong>&nbsp;stated that to keep pace with its fellow economic giants like South Africa, Nigeria would need to see a five times increase in electricity consumption.<\/p>\n\n\n\n<p>In search of an alternative, households and businesses have resorted to&nbsp;<strong><a href=\"https:\/\/www.researchgate.net\/publication\/315321125_Domestic_Electric_Power_Generator_Usage_and_Residents_Livability_Milieu_in_Ogbomoso_Nigeria\" target=\"_blank\" rel=\"noreferrer noopener\">fossil-fueled generators<\/a><\/strong>&nbsp;that gulp about&nbsp;<strong><a href=\"https:\/\/blogs.worldbank.org\/psd\/leveraging-finance-nigerian-grid-solar-market\" target=\"_blank\" rel=\"noreferrer noopener\">$14 billion<\/a>&nbsp;<\/strong>annually and pose environmental and&nbsp;<strong><a href=\"https:\/\/www.atsjournals.org\/doi\/pdf\/10.1164\/ajrccm.183.10.1437\" target=\"_blank\" rel=\"noreferrer noopener\">health risks.<\/a><\/strong><\/p>\n\n\n\n<h3 class=\"wp-block-heading\">Solar as an alternative<\/h3>\n\n\n\n<p>Nigeria\u2019s location in the tropics offers the country an abundance of sunshine all year round.<\/p>\n\n\n\n<p>Therefore, as Africa\u2019s largest economy and with<strong><a href=\"https:\/\/www.power-technology.com\/features\/electrifying-nigeria-could-solar-power-one-million-households\/\" target=\"_blank\" rel=\"noreferrer noopener\">&nbsp;over 2,600 hours of sunlight<\/a><\/strong>&nbsp;per year (about 7 hours of sunlight daily, on average), experts believe Nigeria has the economic war chest and environmental conditions to tap into renewable energy power sources like solar.<\/p>\n\n\n\n<figure class=\"wp-block-image\" id=\"attachment_469048\"><img decoding=\"async\" src=\"https:\/\/i0.wp.com\/media.premiumtimesng.com\/wp-content\/files\/2021\/06\/P1.jpg?resize=1080%2C533&amp;ssl=1\" alt=\"Solar panels have proven potential to address Nigeria's power challenge\" class=\"wp-image-469048\"\/><figcaption>Solar panels have proven potential to address Nigeria\u2019s power challenge<\/figcaption><\/figure>\n\n\n\n<p>According to a&nbsp;<strong><a href=\"https:\/\/www.researchgate.net\/publication\/262349356_Solar_Energy_Potential_and_its_Development_for_Sustainable_Energy_Generation_in_Nigeria_A_road_Map_to_Achieving_this_Feat\" target=\"_blank\" rel=\"noreferrer noopener\">research<\/a>&nbsp;<\/strong>published by&nbsp;<strong><a href=\"https:\/\/www.researchgate.net\/profile\/Ikponmwosa-Oghogho-2\" target=\"_blank\" rel=\"noreferrer noopener\">Ikponmwosa Oghogho<\/a><\/strong>, a lecturer at Delta State University, with this potential, about 1500PJ (the equivalent of 258 barrels of oil) could be available to Nigeria annually from solar energy.<\/p>\n\n\n\n<p>This can be achieved just by using solar appliances with five per cent conversion efficiency over only one per cent of the total land area of the country for about six months of a year.<\/p>\n\n\n\n<p>This shows that more power generation abounds if the solar value chain was explored on a larger scale.<\/p>\n\n\n\n<p>\u201cDue to the numerous disadvantages of conventional fuel sources when compared with solar energy and the recent giant strides in improving solar cell efficiency using a photovoltaic (PV) device that converts 40.8 per cent of light that hits it into electricity,\u201d Mr Oghogho wrote, \u201cNigeria needs to reposition herself by investing in this invaluable resource to secure the energy future of our economy.\u201d<\/p>\n\n\n\n<p>Estimates by the World Bank suggest that investing in solar-powered plants&nbsp;<strong><a href=\"https:\/\/blogs.worldbank.org\/psd\/leveraging-finance-nigerian-grid-solar-market\" target=\"_blank\" rel=\"noreferrer noopener\">could increase<\/a><\/strong>&nbsp;the availability of electricity to almost 80 million people who currently have none.<\/p>\n\n\n\n<p>This means a transition to solar-based energy could help diversify Nigeria\u2019s energy portfolio and&nbsp;<strong><a href=\"https:\/\/www.tandfonline.com\/doi\/full\/10.1080\/20421338.2018.1550931\" target=\"_blank\" rel=\"noreferrer noopener\">reduce<\/a>&nbsp;<\/strong>high electricity bills, as was the case for Mrs Jaji. Such transition could also stop the reliance on fossil fuels which come with attendant challenges like&nbsp;<strong><a href=\"https:\/\/www.premiumtimesng.com\/news\/headlines\/452486-analysis-despite-govts-repeated-promises-importation-of-dirty-fuels-continues-in-nigeria.html\" target=\"_blank\" rel=\"noreferrer noopener\">pollution<\/a>&nbsp;<\/strong>through&nbsp;<strong><a href=\"https:\/\/www.premiumtimesng.com\/news\/headlines\/458507-analysis-as-nigeria-continues-to-miss-gas-flaring-deadlines-huge-revenue-is-lost.html\" target=\"_blank\" rel=\"noreferrer noopener\">flaring<\/a>&nbsp;<\/strong>and&nbsp;<strong><a href=\"https:\/\/www.premiumtimesng.com\/news\/headlines\/461635-analysis-77-of-oil-spills-in-nigeria-occurred-in-only-three-states.html\" target=\"_blank\" rel=\"noreferrer noopener\">spillage<\/a><\/strong>.<\/p>\n\n\n\n<p>Like Mrs Jaji\u2019s experience, solar-powered appliances could also be a good alternative to generating sets without cost and health risks that come with the latter.<\/p>\n\n\n\n<p>Although solar appliances are relatively more expensive than generating sets, the cost pales when compared with the cost of powering, servicing, fueling and maintaining generating sets.<\/p>\n\n\n\n<p>Meanwhile, solar power generation is becoming cheaper than fossil fuel alternatives,&nbsp;<strong><a href=\"https:\/\/www.irena.org\/publications\/2019\/May\/Renewable-power-generation-costs-in-2018\" target=\"_blank\" rel=\"noreferrer noopener\">according<\/a>&nbsp;<\/strong>to the International Renewable Energy Agency, an intergovernmental&nbsp;<strong><a href=\"https:\/\/www.irena.org\/aboutirena\" target=\"_blank\" rel=\"noreferrer noopener\">organisation<\/a>&nbsp;<\/strong>that supports countries\u2019 transition towards sustainable energy.Advertisements<\/p>\n\n\n\n<p>Solar-based generating units can be built up far quicker than traditional power plants and it has proven capability to plug the gaps in Nigeria\u2019s energy requirements, the CEO of Diadem Global, a power-solution technology startup, Oyeniyi Uthman, said.<\/p>\n\n\n\n<p>The fact that the solar units can be built in chunks, used with inverter and battery and upgraded to higher capacity as time goes on make them a desirable alternative to generating sets that emit harmful greenhouse gases and other air pollutants into the environment, he added.<\/p>\n\n\n\n<p>Some use the inverter alone, he said, with the option of incorporating solar panels later.<\/p>\n\n\n\n<p>An Abuja-based businesswoman, Haulat Yusuf, uses the inverter alone and said it has been effective for her family and \u201cwhen there is power cut for days, you don\u2019t know.\u201d<\/p>\n\n\n\n<p>The downside, however, is that, because the high capacity batteries have to be charged for a long time, it consumes more electricity.<\/p>\n\n\n\n<p>\u201cThis increases the amount of electricity units we now buy. But it has been very helpful,\u201d Mrs Yusuf said.<\/p>\n\n\n\n<figure class=\"wp-block-image\" id=\"attachment_469045\"><img decoding=\"async\" src=\"https:\/\/i1.wp.com\/media.premiumtimesng.com\/wp-content\/files\/2021\/06\/P2.jpg?resize=936%2C1080&amp;ssl=1\" alt=\"Solar power units can be used alongside inverter batteries and upgraded as time goes on\" class=\"wp-image-469045\"\/><figcaption>Solar power units can be used alongside inverter batteries and upgraded as time goes on<\/figcaption><\/figure>\n\n\n\n<p>\u201cConsumers are getting to know more about solar energy and because it offers them financial savings and power efficiency,\u201d Mr Oyeniyi noted.<\/p>\n\n\n\n<p>\u201cEven when they (consumers) say the cost of installation is much, they come back for more and make more referrals to us.<\/p>\n\n\n\n<p>\u201cPrices of installation are falling as a result of manufacturing costs and market competition,\u201d he said.<\/p>\n\n\n\n<p>On the average, powering a three-bedroom household in Nigeria with solar energy costs about N1.8 million and it would come with a battery bank for energy storage and solar panels.<\/p>\n\n\n\n<figure class=\"wp-block-image\" id=\"attachment_469049\"><img decoding=\"async\" src=\"https:\/\/i2.wp.com\/media.premiumtimesng.com\/wp-content\/files\/2021\/06\/P3.jpg?resize=1080%2C1047&amp;ssl=1\" alt=\"High capacity batteries used alongside rooftop solar panels\" class=\"wp-image-469049\"\/><figcaption>High capacity batteries used alongside rooftop solar panels<\/figcaption><\/figure>\n\n\n\n<p>The panels are installed on the roof to independently trap energy, while the solar battery storage systems help to store extra solar energy for later use, and they can be useful at nighttime and rainy days.<\/p>\n\n\n\n<p>A list of invoices issued to this reporter by Diadem Global showed that prices vary with capacity and range from about N300,000 to N900,000.<\/p>\n\n\n\n<figure class=\"wp-block-image\" id=\"attachment_469044\"><img decoding=\"async\" src=\"https:\/\/i0.wp.com\/media.premiumtimesng.com\/wp-content\/files\/2021\/06\/Pi4-1.jpg?resize=764%2C1080&amp;ssl=1\" alt=\"Prices of solar installation vary, depending on capacity\" class=\"wp-image-469044\"\/><figcaption>Prices of solar installation vary, depending on capacity<\/figcaption><\/figure>\n\n\n\n<p>When Mrs Jaji has more money, she is hoping to upgrade her solar appliances and go for the options that can power her freezers.<\/p>\n\n\n\n<p>Many like her should too as she has been telling her circle of friends about solar energy.<\/p>\n\n\n\n<p>But with a population frustrated by years of unmet power demands, there is bound to be palpable fear among Nigerians as they may understandably nurse doubts about the unpopular solar alternative.<\/p>\n\n\n\n<p>Mr Oyeniyi said the price of solar power will continue to crash with its popularity and patronage. Being a technology rather than a fuel, it will dominate the energy space, he said.<\/p>\n\n\n\n<p><a href=\"https:\/\/www.premiumtimesng.com\/news\/headlines\/469043-analysis-nigerias-solar-wealth-can-fix-costly-electricity-problem.html\" target=\"_blank\" rel=\"noreferrer noopener\">SOURCE<\/a><\/p>\n<div id=\"pscso-1660494174\" class=\"pscso-after-content pscso-entity-placement\"><div class=\"pscso-adlabel\">Advertisements<\/div><iframe src=\"https:\/\/cybertronads.com\/platform\/show.php?z=29&pl=806\" width=\"728\" height=\"90\" marginwidth=\"0\" marginheight=\"0\" hspace=\"0\" vspace=\"0\" frameborder=\"0\" scrolling=\"no\"><\/iframe>\r\n<\/div><div id=\"pscso-3530667659\" class=\"pscso-rfq pscso-entity-placement\"><div class=\"pscso-adlabel\">Advertisements<\/div><p><a href=\"https:\/\/pscsolaruk.com\/rfq\/\"><img data-recalc-dims=\"1\" class=\"alignnone wp-image-509 size-full\" src=\"https:\/\/i0.wp.com\/pscsolaruk.com\/blog\/wp-content\/uploads\/2022\/03\/6tp7s.png?resize=710%2C200&#038;ssl=1\" alt=\"\" width=\"710\" height=\"200\" \/><\/a><\/p><\/div>","protected":false},"excerpt":{"rendered":"<p>Nigeria\u2019s solar wealth can fix costly electricity problem Exorbitant electricity bills never stop coming, yet lengthy power cuts dog 58-year-old Olanrewaju Jaji\u2019s shop where she sells soft drinks in Ikorodu,&hellip; <\/p>\n","protected":false},"author":2,"featured_media":499,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"fifu_image_url":"https:\/\/i0.wp.com\/media.premiumtimesng.com\/wp-content\/files\/2021\/06\/P1.jpg?w=1080&ssl=1","fifu_image_alt":"","_jetpack_memberships_contains_paid_content":false,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":true,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2},"_wpscppro_dont_share_socialmedia":false,"_wpscppro_custom_social_share_image":0,"_facebook_share_type":"","_twitter_share_type":"","_linkedin_share_type":"","_pinterest_share_type":"","_linkedin_share_type_page":"","_instagram_share_type":"","_medium_share_type":"","_threads_share_type":"","_google_business_share_type":"","_selected_social_profile":[],"_wpsp_enable_custom_social_template":false,"_wpsp_social_scheduling":{"enabled":false,"datetime":null,"platforms":[],"status":"template_only","dateOption":"today","timeOption":"now","customDays":"","customHours":"","customDate":"","customTime":"","schedulingType":"absolute"},"_wpsp_active_default_template":true},"categories":[5],"tags":[],"class_list":["post-497","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.4 - 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