[i][/i]No hope for stable electrcity in the near future - nawa

A report by Navigant Research has said global revenue from diesel generating sets would reach $41.2 billion by 2018. It said Nigeria, India, South Africa and Chile that were burdened by blackouts would continue to drive the market.

The research noted that providers of diesel generating sets would see continued growth over the next several years.

According to Dexter Gauntlett, research analyst with Navigant Research, “Over the next decade, the increase in unconventional gas resources and tightening emissions regulations for stationary generators will favour clean-burning natural gas systems over their diesel counterparts in North America.”

These developments, however, will take time to fully materialize, according to the report.

In the short term, the report added that countries with strong economic and/or population growth rates that are increasingly burdened by blackouts face rising competition from natural gas gensets.” It said Nigeria, India, Chile, South Africa, and others will continue to drive diesel genset sales.

“Industries in India,have become highly dependent on diesel due to power outages spanning as much as 16 hours per day, making them more vulnerable to price volatility,” it also said.

“Diesel generator sets” is a report that analyzes the global market potential for diesel gensets, from less than 15 kilowatts to 6 megawatts, for residential, commercial, and industrial applications.

The study includes in-depth assessments of global regions for capacity installations, an analysis of global gas resource development, and profiles of the key industry players engaged in this market.

“Worldwide market forecasts are provided through 2018 for annual installations and revenue, segmented by region and by power class, it declared.

Navigant Research, the dedicated research arm of Navigant, provides market research and benchmarking services for rapidly changing and often highly regulated industries. In the energy sector, Navigant Research focuses on in-depth analysis and reporting about global clean technology markets.




http://www.mydailynewswatchng.com/2013/06/20/nigeria-india-to-grow-generating-set-market-by-41bn/

NO OFFENCE OR RESPECT BUT THE REALITY IS THAT 2050 NIGERIA WILL STILL BE STRUGGLING WITH ELECTRCITY ISSUES.

I thought SA was generating 40000MW... Look how dark the rest of the country is ! Nigeria _ south west/south east SA - gauteng/western cape... Na wa oo

Choi see map, why Africa black like this na, even Ghana that claims to have 24/7 electricity no show for the map. Kudos to Lagos and ph though

Fhemmmy: My heart bled after reading this . . . And you expect those movers and shakers to give this up to allow Nigeria to have light?

mmark12:

NO OFFENCE OR RESPECT BUT THE REALITY IS THAT 2050 NIGERIA WILL STILL BE STRUGGLING WITH ELECTRCITY ISSUES.

No offense but there is no way to now that, if that is pessimism please keep it to your self and if you are wishing Nigeria bad I pray you get the same fortune for the next 40 years. mtcheew!

CROWÉ:

No offense but there is no way to now that, if that is pessimism please keep it to your self and if you are wishing Nigeria bad I pray you get the same fortune for the next 40 years. mtcheew!

Its not about pessimism or keeping it to yourself. Its about facts and reality. since 1986,the FG has been promising stable electricity.

are u not ashamed that a Nigerian born in the 1980s who hasn't travelled out of the country before (they are millions of them ) don't know what its like to have stable electricity .

Lets not deceive ourselves.
(1) from 1999 - 2012. Nigeria went from 1,900 MW to 3,500 MW - BIG PESSIMISM
(2) Nigeria was need about 300,000 MW for stable electricity - reason (see no3)
(3) By 2050 Nigerian population will reach 300 million or more and we are increased our capacity by just 1600 MW in 12 yrs.

OH BOY " IT IS YOU THAT NEEDS TO mtcheew". pls do the math and critically think about the issue.

I pray that God will us good leaders to turn things around.
Love dis country
One naija

The suggestion that we will continue to increase by EXACTLY 1600 MW every twelve years is quite shocking.

Ooooboy see congo!

Nigeria still does not have a stable power for companies to run businesses. Many companies in Nigeria use over 10% of their income to run power from day to Night. In other countries running power for the company is the least of one’s concern and normally amount to 1% to 2 %.
Many Nigerian in the Diaspora would love to come back to Nigeria to build a business but are held back simply because Nigeria lacks the stable electricity and infrastructure to turn their idea into a viable business.

Update from nasa

Africa is doomed!

sheyie2007: Update from nasa

Africa is doomed!

Africa is not doomed yet. but it doesn't change course and reform itself, IT WILL BE DOOMED