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Electricity Demand Projected To Grow By 2020

Electricity Demand Projected To Grow By 2020

 

Managing Director of the Disco, Oladele Amoda  disclosed at a forum held in Lagos, that the Eko Electricity Distribution Company has revealed ,that Nigeria requires about 88,282 Megawatts of electricity to meet the nation’s demand by 2020, where he encouraged  the country to adopt alternative energy sources to measure up with its energy requirement in the nearest future.

“With an estimated yearly economic growth rate of between 7 and 13 percent, as well as an urbanization rate of 3.8 percent, Nigeria’s electricity demand is projected to grow from 15,730 MW in 2016 to 41,133MW by 2018 and 88,282MW by 2020,” he said.

The director also pointed that Nigeria is endowed with renewable energy sources, which are not efficiently managed, this was why he said: “The commitment of the government towards utilizing alternative energy sources can be appreciated as we see more projects being implemented using solar and other renewable options like bio-mass and wind”

Amode finally emphasised the need for the country to adopt energy demand side management which has the tendency to enhance energy efficiency and conservation.

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