By Editor
Power Minister, Adebayo Adelabu, Tuesday gave a hint of government plan to unbundle the Transmission Companies.
Adelabu however said it would be done in accordance with the Electricity Act 2023.
The country’s generation companies are doing over 7,000mw but only 3,000mw could be transmitted.
He spoke at the ministerial retreat on Integrated National Electricity Policy and Strategic Implementation Plan in Abuja.
The minister noted that the Nigerian Electricity Supply Industry (NESI) transmission sub-sector has been identified as a critical weak point in the value chain lately, stressing that the view is widely shared.
Adelabu vowed that “to align with the Electricity Act 2023 and the industry’s demands, it’s time to restructure the TCN into two entities: the Independent System Operator (ISO) and the Transmission Service Provider (TSP).”
He said the restructuring must synchronise with the evolving landscape of state electricity markets, addressing calls for the decentralisation of the national grid into regional grids interconnected by a new higher voltage national or super-grid.
The minister urged the stakeholders to imagine whether the government should directly provide electricity nationwide or rather facilitate its provision.
He tasked them to draw comparisons between China’s centralised model and the US’s diverse access models.
