Eko Electricity Distribution Company of Nigeria Plc has concluded plans to generate over 1000mw of electricity through embedded power generation model by 2019 , Mr Brent Hampton, vice president, Project Services of the power distribution firm, has said.
Hampton who spoke in Lagos recently during a one day workshop on embedded power project organised by the Consulate General of the Federal Republic of Germany, Lagos explained that the generation of electricity through this initiative would be done in phases .
According to him, the first quarter of 2014 was dedicated to collect the application of the investors who expressed interest in the project ,adding that 39 out of the 49 investors who applied for the project were successful as National Electricity Regulation Commission NERC had approved the list .
A breakdown of some of the power stations to be located in Lagos include Orile, 60mw; Agbara, 50mw; Lekki, 10mw;Victoria Island, 10mw; and Kirikiri, 20mw, amongst others. .
Laying emphasis on the roadmap of the power project, he said, 2014 was set aside for prequalification, evaluation and the signing of the project , while 2015 would be used to execute projects under phase one, 2016 and 2017 for building projects under phase two.
He added that 2017 and 2020 was set aside for the execution of phase three projects .
Speaking further on the application of renewable energy, he noted that source of power supply will be added to generate electricity in the second phase of the initiative. .He listed creditability and liquidity of the distribution firms, payment of security structure, regulatory and contractual framework and capacity, access created by distribution firms for federal government connection condition and fees, as some of the challenges .
Mr Jurgen Ophey CEO of 2G Africa Commercial and Feasibility, in his contribution said, the high demand for embedded power generation will go a long way in solving the challenges of energy crisis in Nigeria.
He revealed that Germany generates over 90 percent of her energy from Bio-gas
According to him Germany generates over 70,548mw of electricity, adding that over 14,000 of the generated power is sourced from embedded electricity . He observed that the electricity generated cannot be compared with a mere 3526mw generated to meet the power need of Nigeria with a population of 167 million people.