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14 Power Plants Shut, Hydro Generation Improves

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  • 14 Power Plants Shut, Hydro Generation Improves

Electricity generation from the nation’s hydropower plants has recorded significant improvement, offsetting the losses caused by last week’s pipeline fire that left six gas-fired power plants, including Egbin in Lagos, shut down.

The number of power plants idle on Friday was 14 out of 28, according to the latest data obtained by our correspondent on Sunday from the Ministry of Power, Works and Housing.

Last Tuesday night, the nation’s power grid suffered a total collapse caused by the fire incident on the Escravos-Lagos Pipeline System, which supplies gas to some power plants and feeds the West Africa Gas Pipeline System.

The nation generates most of its electricity from gas-fired power plants, while output from hydropower plants makes up about 30 per cent of the total generation.

Total electricity generation, which stood at 3,573.1 megawatts as of 6am on Monday, January 1, fell slightly to 3,539.1MW on Tuesday and 3,517.5MW on Wednesday (the morning after the grid collapse).

Unutilised generation capacity occasioned by gas constraint rose to 3,133.3MW as of 6am on Friday from 1,934.4MW on Tuesday.

Generation from Kainji, Jebba and Shiroro hydro plants, which stood at 270MW, 230MW and 130MW, respectively as of 6am on Tuesday (before the grid collapse), rose to 339MW, 445MW and 428MW on Wednesday.

As of Friday, January 5, Kainji, Jebba and Shiroro generated 411MW, 440MW and 442MW, respectively, translating to about 36.7 per cent of the total national generation of 3,517.5MW.

Electricity generation from Egbin, the nation’s biggest power station, fell from 561MW as of 6am on Tuesday to 122MW on Wednesday. The plant did not generate any megawatts of electricity on Thursday and Friday due to the fire outbreak on the gas pipeline.

Five other power plants, Omotosho I and II located in Ondo State, Olorunsogo I and II, and Paras Energy in Ogun State, were also shut down due to the fire outbreak.

As of 6am on Tuesday, Omotosho I and II generated 141.1MW and 87.2MW, respectively; Olorunsogo I and II produced 193.3MW and 103.2MW; while Paras generated 67.8MW.

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.

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