Over 24000 Megawatts Generated in 2021 by Ibom Power and Ors Unused

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Despite the incessant blackout witnessed blackout experienced in Nigeria last year, data from electricity generation companies (Gencos) shows that a monthly average of 2,248.5 megawatts of electricity was generated and totaling over 24,000 megawatts in 2021 was unevacuated and unutilized.

It was revealed yesterday that while the average available power generation capacity for the 12-month period in 2021 was 6,336.52MW, the actual average generation evacuated to the national grid for utilisation during the period was 4,118.98MW.

The 2021 Generation Capacity Loss Data shows that the country’s power sector recorded stranded electricity in all the 12 months of 2021.

The figures for unevacuated electricity in the months of January, February, March, and April 2021 were 1,915.13MW, 1,634.87MW, 1,799.18MW, and 1,921.5MW respectively.

Stranded electricity figures of 1,944.59MW, 2,396.7MW, 2,421.38MW, and 2,909.55MW were recorded in May, June, July, and August 2021 respectively.

Also last week, power distribution companies revealed that the Federal Government MDA’s indebtedness to Discos for unpaid electricity was in now excess of N90bn.

The Federal Government has allocated the sum of N40bn in the 2022 budget to settle the electricity debts of its ministries, departments, and agencies.

The Executive Secretary, Association of Power Generation Companies, Joy Ogaji, had recently argued that Gencos were not dispatching at full capacity due to the poor utilisation of what they produce.

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