Skip to content
Plus234Feed

NISO Advocates for State Collaboration on Electricity Markets

NISO Advocates for State Collaboration on Electricity Markets

The Nigerian Independent System Operator (NISO), under the leadership of managing director/CEO Abdu Bello Mohammed, has stated its intention to avoid centralizing electricity markets in Nigeria. Instead, NISO proposes joint planning with state governments to ensure effective operation within a reliable power system.

This position was articulated during a presentation at the National Workshop on the Electricity Act 2023 held at the State House, Presidential Villa, Abuja. Mohammed suggested forming a technical working group to foster collaboration between NISO and state stakeholders, aiming to deliver an integrated electricity market.

He also recommended an annual energy planning summit for reviewing energy resources and future electricity demand. Key recommendations included establishing harmonized technical standards, shared data, and a national-state coordination framework.

The Electricity Act 2023 empowers state governments to manage their electricity markets, a topic discussed at the workshop organized by the Office of the Vice President in collaboration with All States Management Partners Solutions Limited.

Plus234Feed summary based on reporting from Leadership Newspaper. Read the original report below.

Read full article

Continue on Leadership Newspaper

Visit
Share

Get the week in one email

Top stories, NPFL results, the naira, every Friday morning. Free, one email a week.

Free · one email per week · unsubscribe anytime

Related Stories

Get Plus234Feed on messaging apps

Same headlines, delivered where you already scroll.