Renewables to drive FG’s target of 30 GW on-grid power capacity by 2030
President Muhammadu Buhari, while speaking at the Africa Day in Marrakech, Morocco on the sidelines of COP22, has announced plans to increase Nigeria’s on-grid power capacity to 30 Giga Watts by 2030 from the current level of about 5 Giga Watts adding that 30% of the capacity would be generated through renewable energy technologies, Leadership reports.
According to him, “We have developed the Sustainable Energy for All Action Agenda and the National Renewable Energy Action Plan (NREAP) among other policies that are contained in our Vision 30-30-30, with the aim to increase on-grid power capacity from the current level of about five (5) Giga Watts to 30 Giga Watts by the year 2030, with at least 30 per cent of this capacity coming from renewable energy technologies.”
The president noted that guaranteeing energy security and focusing on renewable sources remained a top priority of his administration by strengthening the policy and regulatory base of renewable energy. Buhari also noted that Nigeria has unconditionally pledged a 20 per cent reduction in business as usual emissions by 2030 and a 45 per cent conditional commitment that could be achieved with financial assistance, technology transfer and capacity building.