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Market Study on Nigerian Captive Power

Market Study on Nigerian Captive Power

State 

completed

Date 

1 December, 2015 to 25 November, 2016

Country 

Nigeria

Region 

West Africa

Summary

Nigeria has abundant renewable energy resources and expresses serious interest to expand business in this area. The National Renewable Energy and Energy Efficiency Policy (NREEEP) was approved by Nigeria’s government, expressing its support for all main renewable energy technologies.

Scoping work in Nigeria has identified the opportunity for RECP to catalyse investments in renewable energy within the captive power market. Therefore, RECP conducted a market study to assess the characteristics and scale of these market segments.

This study focuses especially on the agriculture and food processing sector, in which opportunities for biomass waste to energy and solar energy arise. In addition, several case studies about typical project types were conducted. Another key outcome of his study is the identification of potential captive power projects in Nigeria, for which a database is being developed.

The study is accessible via the download section.