NERC issues trading licenses, captive power licenses, mini grid permits to 15 companies

During the second quarter of 2023, the Nigerian Electricity Regulatory Commission (NERC) issued some licenses and permits to several entities.

According to the Q2/2023 Electricity on Demand report by NERC, the Commission issued two electricity trading licenses to the following companies in the highlighted quarter: 

Captive power plants are power facilities owned and operated by an entity for its exclusive use, rather than for selling electricity to external parties. In the second quarter of 2023, the Commission granted permits for three captive power generation plants, boasting a combined nameplate capacity of 20.06 megawatts: 

The Commission grants a permit to a mini-grid developer when they intend to build, operate, maintain, and, when relevant, own mini-grids with a distribution capacity exceeding 100 kilowatts (kW) and generation capacity up to 1 megawatt (MW).

On the other hand, a registration certificate is issued to a mini-grid developer for one or more systems with a distribution capacity below 100 kW. NERC issued mini grid permits to ten companies: 

The licensing rules under the 2023 Electricity Act are expected to provide a background for the promotion of embedded power generation, hybridized generation, co-generation and the generation of electricity from renewable sources such as solar energy, wind, small hydropower, biomass and other renewable sources.