Mohammed Shosanya
The Nigerian Electricity Regulatory Commission,NERC is working on five regulations that would aid investment into the country’s solar energy sub-sector
The commission’s Head of Renewable Energy and Corporate Planning, Engr. Jonathan Okoronkwo,disclosed this at a workshop with the theme Energy Transitions through Solar Energy organized by MEMAN.
The five regulations are:grid access regulations,energy efficiency regulations,net metering regulations and energy concession regulations.
According to him,NERC is already canvassing financial incentives, such as tax credits and grants, to attract investment in solar energy projects.
He hinted that integrating solar energy into the Nigerian energy mix will reduce dependence on fossil fuels .
Jonathan suggested public-private partnerships (PPPs) to leverage private sector expertise and resources in developing solar energy plants.
He added:“Investment in capacity building and research and development (R&D) to support the long term growth of the solar thermal sector. Launch public awareness campaigns to educate citizens about the benefits of solar thermal energy and encourage adoption”.
He said NERC would continue to refine and enforce regulations that support the development of solar Energy and other renewable energy technologies, facilitate the creation of a competitive market for renewable energy by streamlining
