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NISO's Bello Mohammed Proposes Technical Group for Electricity Market

NISO's Bello Mohammed Proposes Technical Group for Electricity Market

Bello Mohammed, the Managing Director and Chief Executive of the Nigerian Independent System Operator (NISO), proposed the establishment of a NISO-State Technical Working Group aimed at strengthening collaboration with state stakeholders. This proposal was made during the National Workshop on the Electricity Act 2023 held at the State House Auditorium, Presidential Villa, Abuja.

Mohammed emphasized that this initiative would facilitate the development of an integrated electricity market in accordance with the Electricity Act 2023. He also suggested an annual energy planning summit to evaluate energy resources and forecast electricity demand.

Key proposals included the need for harmonized technical standards, data sharing, and effective coordination between state electricity markets and the national grid. Additionally, he advocated for a national state coordination framework, institutionalized integrated planning, and a phased implementation roadmap, clarifying that the objective is not to centralize electricity markets but to ensure their effective collaboration within a reliable electricity system.

Plus234Feed summary based on reporting from This Day. Read the original report below.

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