Economy

Gas Shortage, Others Cut Power Generation by 3,109.5MW

  • Gas Shortage, Others Cut Power Generation by 3,109.5MW

A total of 3,109.5 megawatts of electricity could not be generated on the country’s power grid on Wednesday as a result of gas, frequency and water management constraints in the sector, latest figures from the industry released on Thursday showed.

It was learnt that 1,709.5MW of power could not be generated due to the gas constraint.

Also, frequency issues stopped the generation of 1,150MW of electricity, while water management challenges prevented 250MW from getting to the grid.

Our correspondent gathered that no quantum of energy was prevented by transmission infrastructure.

Confirming the development, the Advisory Power Team in the Office of the Vice President stated that on June 19, 2019, the average energy that was sent out was 4,087MWHour/Hour, down by 64.53 MWH/Hour from the previous day.

It added, “1,709.50MW was not generated due to unavailability of gas. Zero megawatt was not generated due to the unavailability of transmission infrastructure.

“1,150MW was not generated due to high frequency resulting from the unavailability of distribution infrastructure. 270MW was recorded as losses due to water management.”

The APT said the power sector lost an estimated N1, 502,000,000 on June 19, 2019, due to constraints from the insufficient gas supply, distribution infrastructure and transmission infrastructure.

“The dominant constraint on June 19, 2019, was due to unavailability of gas, constraining a total of 1,709.50MW from being available on the grid.”

The power sector has continuously witnessed constraints that keep preventing the generation of substantial quantum of electricity.

Samed Olukoya

Is the CEO and Founder of Investors King Limited. He is a seasoned foreign exchange research analyst and a published author on Yahoo Finance, Business Insider, Nasdaq, Entrepreneur.com, Investorplace, and other prominent platforms. With over two decades of experience in global financial markets, Olukoya is well-recognized in the industry.

Share
Published by
Samed Olukoya

Recent Posts

N1.3bn Fraud Allegation: Court Orders Arrest of Dana Air MD For Not Showing Up For Arraignment

A Federal High Court in Abuja has ordered the arrest of the Managing Director of…

1 min ago

Nigerians To Enjoy 85% Discount On Groceries, Phones, Home Appliances, Others As Konga Begins Yakata Black Friday Sale

Consumers in Nigeria now have opportunity to get 85 percent discount on products of their…

9 mins ago

Nigeria Partners with ECOWAS and Morocco to Launch $26B African Gas Pipeline

The Nigerian government, in partnership with the Economic Community of West African States (ECOWAS), Morocco,…

15 mins ago

Naira Falls to N1,676.90/$1 at Official Market, Slides to N1,708.87/$1 at Alternative Window

The Naira depreciated at the Nigerian Autonomous Foreign Exchange Market (NAFEM) by 0.61 percent and…

2 hours ago

President Tinubu Orders Release of Minors Prosecuted for #BadGovernance Protests

Following a recent viral video on the X app regarding the prosecution of minors who…

5 hours ago

Nigerian Army Seizes 700,000 Liters of Stolen Petroleum in Sweeping Raid Across Four States

In a series of raids across Rivers, Bayelsa, Akwa Ibom, and Delta states, troops from…

5 hours ago