The Transmission Company of Nigeria (TCN) Managing Director, Sule Abdulaziz, has advocated for appropriate regulation of energy storage within the sector.
Speaking during the three-day 2023 Nigeria Energy Leadership Summit being held in Lagos, the TCN CEO—represented by Ali Bukar, General Manager, Regulation and Compliance—stated that the 2023 Electricity Act neglects to address storage-related issues.
“There should be a regulation in the electricity market to account for the amount of energy individuals and households are supposed to store for safety reasons. What is missing in the region’s electricity market is energy storage, which incidentally is one of the shortcomings of the new act,” he said.
The creation of technical standards and regulations, according to Aliyu Tukur Tahir, Managing Director of the Nigeria power Management Services Agency (NEMSA), is essential to reducing the risks associated with power.
In order to guarantee the effective production of a sustainable energy power supply, he underlined that the agency’s duties included the enforcement of technical standards and regulations, as well as the inspection, testing, and certification of all types of electrical installations, meters, and instruments.
“For self-reliable and sustainable electricity supply, it is paramount that electricity hazards are effectively mitigated,” he stated.
