Power supply in Nigeria rebounded on Sunday, 10th April 2022 from the shocking decline recorded on Saturday, when electricity supply in the country crashed by 47.3% to 37,440.1MWh, which is the lowest level since the recovery from the national grid collapse in March.
However, on Sunday, energy sent out surged by 114.7% to stand at 80,382.73MWh, accounting for 98.74% of the total 81,405.31MWh generated. Despite the improvement in energy supply and generation is still way below desired levels as Nigeria requires at least 105,000MWh of daily supply.
Also, according to the data, which was obtained from the Transmission Company of Nigeria (TCN), energy generation peaked at 3,658.8MW, which is 11.5% higher than the 3,281.5MW recorded on Saturday, while the lowest was 3,117.4MW.
- Peak generation – 3,658.8MW (+11.5%)
- Off-peak generation – 3,117.4MW (+9,346%)
- Energy generated – 81,405.31MWh (+114.4%)
- Energy sent out – 80,382.73MWh (+114.7%)
Also, the highest frequency for the day was 50.82Hz, while the lowest frequency was 49.14Hz.
Why the power disruption?
According to the Minister of Power, Aliyu Abubakar, the national grid collapsed as a result of vandals, who disrupted the transmission tower between Akwa Ibom and Cross River states, leading to yet another blackout.
The grid, which has collapsed several times this year, collapsed at about 6:30 pm on Friday and crashed again at about 8:30 pm, causing power outages in many parts of the country.
Abubakar said, “While a detailed investigation into the immediate and remote causes of the recurring grid failure is currently ongoing by the Nigerian Electricity Regulatory Commission and System Operator (the operator of the national grid), the process of restoring supply is ongoing with some sections of the national grid already energised, and supply restored to consumers.”
“Further to our earlier press release, we wish to apprise the general public that the immediate cause of the national blackout (system collapse) was an act of vandalism on a transmission tower on the Odukpani — Ikot Ekpene 330kV double circuit transmission line thus resulting in a sudden loss of about 400MW of generation. This consequently led to a cascade of plants shut down across the country.”
“We wish to notify the public that power on the grid is being restored sequentially by the system operator as other on-grid power plants are being dispatched to cover the lost generation capacity from the Calabar power plant owned by the Niger Power Holding Company Ltd.”
Why this matters
Electricity is an essential need of many Nigerians and their businesses, especially given the surge in the price of diesel and recent fuel scarcity across the country.
- The resumption of some normalcy in the supply of electricity will go a long way in serving as succour for the Nigerian populace.
... Electricity update: Energy supply rebounds as TCN restores collapsed power grid Read More on ... Naijaonpoint.
Advans La Fayette Microfinance Bank Introduces Education Loans
By Modupe Gbadeyanka A leading microfinance bank supporting small businesses, Advans La Fayette Microfinance Bank Limited, has introduced education loans aimed to provide funding support to school owners and parents. A statement from the small lending institution said the education loan products created for its customers are the Advans School Boost, Advans Eduloan and Advans […]
Despite Criminalizing Mining, Abkhazia Uncovers Another Crypto Farm
Even after introducing fines and criminal liability for cryptocurrency mining, Abkhazia continues to find underground facilities for digital currency extraction. This week, law enforcement officials have confiscated dozens of mining devices from an illegal crypto farm.
Police in Abkhazia have closed down another crypto mining installation in a rural area of the breakaway Georgian republic. The illegal coin minting facility was located in the village of Yashtuha, Sukhumi region, the Ministry of Internal Affairs announced.
Representatives of the interior ministry, together with officials from the Department for Energy Supervision and other government agencies, raided the cryptocurrency farm on Wednesday, May 16, acting on a tip-off.
An administrative protocol has been drawn up against the miner, 29-year-old local resident Khanchalyan Robertovich. He operated 31 mining machines that have been confiscated and transferred to a government-owned warehouse.
In the past few years, many Abkhazians have turned to crypto mining as an alternative source of income. The government of the partially recognized republic in the South Caucasus has blamed the energy-intensive process for the territory’s growing electricity deficit.
To deal with the power shortages, the Russia-backed de facto state imposed a temporary ban on crypto mining and hardware imports in 2018. Last year, the measure was extended until March 31, 2022 and then in April, prolonged until the end of this year.
Authorities in Sukhumi also introduced hefty fines and criminal liability for illegal use of electricity to produce cryptocurrencies. Mining is believed to be the main cause for the frequent breakdowns of the republic’s power distribution network.
Officials in Sukhumi have since admitted that their efforts to curb crypto mining have largely failed. Reports revealed last summer that Abkhazia had held talks with Russia in an attempt to solve its issues with electricity supply. At the time, the government was also planning to regulate the activity and ensure that miners are legally connected to the grid.
Do you expect Abkhazia to legalize cryptocurrency mining once it overcomes its electricity shortages? Tell us in the comments section below.
Image Credits: Shutterstock, Pixabay, Wiki Commons