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Power Sector Guide - Energy and Natural Resources - Vimarsana News

Power Sector Guide - Energy and Natural Resources

BRIEF HISTORY Electricity was first generated in Nigeria in 1866 when two generating sets were installed to serve the Colony of Lagos. In 1951, the government of Nigeria, through an Act of Parliament, established the Electricity Commission of Nigeria (ECN) to regulate and operate the power supply systems in Nigeria. Subsequently, the Niger Dam Authority (NDA) was established for the development of the Kanji Hydroelectric Dam. In 1972, the ECN and the NDA were merged to form the Nigerian Electric Power Authority (NEPA). Until the enactment of the Electric Power Sector Reform Act (EPSRA), the N...

Source: mondaq.com
UK Energy Regulator Hits EDF Energy With GBP6 Million Fine - Vimarsana News

UK Energy Regulator Hits EDF Energy With GBP6 Million Fine

UK Energy Regulator Hits EDF Energy With GBP6 Million Fine Wed, 16th Dec 2020 22:01 (Alliance News) - UK Ofgem says Wednesday EDF Energy's Thermal Generation unit agrees to pay GBP6 million for breaching wholesale energy market regulations. The watchdog says from September 2017 to March 2020, EDF Energy Thermal Generation regularly sent misleading signals to the National Grid Electricity System Operator about the capabilities of its generation plant. The energy regulator found that for more than two years, EDF ETG frequently inflated the minimum amount of power - known as the Stable Export ...

Source: lse.co.uk