Nigerian Electricity Regulatory Commission has stated that the ongoing reforms in the power sector require adequate sensitisation arrangements and effective monitoring of licensees particularly, TCN and DISCOs to ensure minimisation of losses and improvement in customer service delivery.
This was made known, by the Chairman of the commission, Dr Sam Amadi, during a workshop organised for stakeholders in Abuja recently.
He said that the Nigerian Electricity Supply Industry, NESI, has been going through reforms geared towards the development of competitive electricity market. And the Act provides for an orderly evolution of the market from a pre-privatisation stage.
The market Rules provides for three stages of market development with clearly defined condition precedent before the commencement of each stage.
He said that the NESI market structure pre-transition stage has the generation plants namely, Kainji, Shiroro, Delta, Sapele, Egbin, Afam, Omotosho, Geregu, Olorunseogo and other independent plants are Shell, AES, Agip, NESCO and Ibom plant. While the distribution companies include; Abuja, Benin, Eko, Enugu, Ibadan, Ikeja, Jos, Kaduna, Kano, PortHarcourt, Yola, Ajaokuta steel CEB, Delta Steel, Nigeric and Itakpe, and the transmission company of Nigeria is the sole transmission service provider.
He added that, the Market development stages as obtained in the EPSR Act 2005 section 25 and 26, recognise two stages in the development of a comparative electricity market: pre-privatisation stage and the post privatisation stage.
According to him, “The market Rules has identified the following stages of market development: pre-transition stage, transition stage and the Medium term stage.
The pre-transition and transition stages of Market Development straddle both pre- and the post privatisation stages of the evolution of competition”.
In the case of pre-transition stage, the activities during this stage are preparation for physical unbundling and future privatisation of PHCN;
Performance incentives for DISCOs and GENCOs and the implementation and testing of the Grid Code and market rule. Others are entry of new generation and contract based arrangement for electricity trading, training of participants on the Grid Code and market rules, design and implement workable metering arrangements settlement procedures and attainment of CPs for the commencement of the transition stage.
The NERC boss listed activities during the transition stage to include; all electricity trading arrangements will be consummated through contracts; the MONTH shall develop a market procedure for the management of inadequate supply and shortage conditions.
The commission will constitute the initial Market surveillance panel, competitive power procurement by the bulk trader and attainment of the CPs for the commencement of the Medium term stage.
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