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Electricity sector records mixed performance in 2020
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Despite the sordid tales of Nigeria’s electricity sector, 2020 upstream power sector seems to have fared better in reducing systems collapse significantly.
However, huge difficulties persists in stranded power incidences which has resulted in a steady rise in losses in the industry while ensuring the perennial issue of inadequate power supply to industries and homes throughout 2020.
The power sector recorded five total collapses in 2020, as against 11 recorded in 2019.
The year had started with two successive collapses which occurred in January, but the performance stabilized in the remaining 10 months to date with just three collapses.
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With the number of grid collapses the country has recorded in last seven years, the umbrella body of the electricity Generation Companies, Association of Power Generation Companies (APGC) says the menace triples the maintenance cost of generating sets.
Data from the Nigerian Electricity Supply Industry (NESI) shows that between January to November, the country recorded four collapses and 127 from 2013 till date.
So far, 2020 has the lowest amount of collapses compared to 11 that was recorded in 2019.
The highest number of system collapse was recorded in 2016 with a total of 28.
Experts, however, have argued that the spate of grid collapses will only be resolved with adequate spinning reserve.