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MO Causes Maginal Improvement in NEM PDF Print E-mail
Written by Ene Eric Ephraim   
Tuesday, 20 February 2018 11:00

Mr Moshood Saleeman

HOW MO CAUSES MARGINAL IMPROVEMENT IN NIGERIA ELECTRICITY MARKET

The Nigeria Electricity Market performance has been a cause of concerned to participants and stakeholders in the Power Sector. Eric Ephraim Ene, write on the actions taken so far by the Market Operations (MO), of TCN to address the dwindling fortune of the market.

Since the commencement of the Transition Electricity Market (TEM), stakeholders have counted more losses than gains as the market performance declined. Specifically, the market fell, after the coming in of the private investors and declaration of Transitional Electricity Market (TEM) in February 2015.

Last Updated on Tuesday, 20 February 2018 12:58
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Elligibility Balancing Mechanism in the Electricity Market PDF Print E-mail
Written by Oni Ehimen   
Wednesday, 23 August 2017 16:48

 

The policy is aimed at achieving the following for the industry capacity and load growth and Improving Market Liquidity.The Strategy is to allow for power purchase by Eligible Customers from Generators with un contracted Capacities through bilateral contracts. For this policy to be effectively implemented at this stage of the Market, the following are required; Development of Balancing Mechanism by MO and participants, to be approved by the Commission and amendment of the MR to allow for Bilateral Contract at this stage of the Market.(MR sections 20.1.4&20.1.5) More

Last Updated on Wednesday, 23 August 2017 17:16
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TCN Tender Advert PDF Print E-mail
Written by Administrator   
Monday, 07 August 2017 14:37

PUBLIC NOTICE

INVITATION TO TENDER FOR ENGAGEMENT OF A REPUTABLE COMPANY FOR THE PROCUREMENT OF AUTOMATIC METER READING (AMR) AND DATA MANAGEMENT SYSTEM FOR THE NIGERIAN ELECTRICITY MARKET

The Transmission Company of Nigeria (TCN) intends to engage the Service of a Reputable company for the Procurement of Automatic Meter Data Acquisition and Data Management System for the Nigerian Electricity Market.

Check the Nation, Thisday Newspapers and the FEDERAL TENDER JOURNAL for more details.

Last Updated on Monday, 07 August 2017 21:04
 
FG declares Eligibility PDF Print E-mail
Written by Administrator   
Thursday, 29 June 2017 11:26

Federal Government Declares Eligibility Transactions in the Power Sector

Operations in the power sector enters a new stage with the Federal Government declaring the much-anticipated eligibility transactions in the power market. This eligibility operation is expected to drive up efficiency, accountability, competition as well as customer-centered orientation among participants in the electricity market. In a major policy directive, the Honourable Minister of Power, Works & Housing, Mr. Babatunde Raji Fashola,

Last Updated on Monday, 07 August 2017 21:04
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COMMUNIQUE ISSUED AT THE END OF THE 2"d QUARTER MARKET PARTICIPANT FORUM PDF Print E-mail
Written by Oni Ehimen   
Tuesday, 23 May 2017 12:10

The interactive Forum was put together by the Market Operator as part of its quarterly activities of Market development. The forum was attended by Market Participants and other stakeholders - Gencos, Discos, Transmission Company of Nigeria (TCN), Nigerian Bulk Electricity Trader (NBET), Bureau for Public Enterprise (BPE), Nigerian Electricity Regulatory Commission (NERC) and Association of Power Generation Companies (APGC).

Below are the resolutions and suggestions made:

1. Gencos declared that they have the capacity to generate 8,500MW and called for improvement in Transmission and Distribution capacity to

Last Updated on Tuesday, 23 May 2017 12:52
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Liquidity Issues in the Market. Engr. U. Achinnanya PDF Print E-mail
Written by Oni Ehimen   
Thursday, 18 May 2017 12:47

Market liquidity is self-sustaining and can also improve on its own without any external support. Also, the problem of low liquidity can be self-sustaining, in which case individual market participants may have little incentive or capacity to address it. An electricity market is said to have attained a Low-Liquidity Equilibrium (LLE) when it is obvious that liquidity cannot improve from its own internal resources.

Last Updated on Monday, 22 May 2017 14:09
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