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Boosting Electricity Grid, Economy Via Renewable Energy

saRenewable energy is taking domination in Nigeria with the country targeting to accomplish 7 percent renewable energy use by 2025. With the aid of Solar energy, the country is working to provide power security to about 160 million of her population and boost her economy.
The solar energy project is however unlocking the country’s economical and industrial potentialities. It is also attracting more foreign investments, new fangled scientific breakthroughs. Governor Babatunde Fashola of Lagos State said that the effectiveness and deliverance of substitute energy technologies have to be taken improvement of.
Experts have been encouraging the authorities, noting that energy, which stimulates growth, is the bedrock of any economy. Even small and medium scale enterprises need energy if they must develop.
With the once over-dependence of Nigeria on gas to provide national grid is today being substituted with solar energy. Nigeria’s plentiful renewable energy resources that were once neglected have become amongst the economic pillars of the country in the areas of solar energy, biomass, wind energy, micro hydro energy, hydro energy, biomass and biofuel, and others.
The Nigerian authorities have reckoned with the fact that one of the advantages of renewable energy is that it can be decentralized and, private investors encouraged into it. Specialists have been saying that government cannot do everything alone and that its investment is not sufficient, hence the need for private investment and other sectors to invest in renewable energy. Professor Titilayo Kuku of the Department of Electronic and   Electrical Engineering, at Obafemi Awolowo University, Ile-Ife, stated, “Promotion of renewable energy and energy efficiency in Nigeria will address the challenges of power in the country. Green energy/renewable energy are cleaner sources of energy, and therefore are sustainable forms of energy. Renewable energy can continuously be harvested because they are inexhaustible in supply and have been considered by most developing countries as an essential component of extending access to affordable energy.”

 

– See more at: http://www.nigerianobservernews.com/2015/05/20/boosting-electricity-grid-economy-via-renewable-energy/#sthash.dTgvTOhe.dpuf