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TCN Faults GenCos’ Stranded Power Narrative
['Tope Sunday']
The Whistler Newspaper
The Transmission Company of Nigeria (TCN) has disputed claims that the country’s electricity crisis is primarily caused by inadequate transmission capacity.
It insisted that the latest data from the Nigerian Electricity Regulatory Commission (NERC) shows generation shortfalls, not grid limitations, remain the biggest obstacle to improved power supply.
According to TCN, the NERC report also puts the combined installed capacity of the 28 grid-connected power plants at 13,625MW, well below the over 15,500MW cited by APGC.
The company also argued that NERC’s reported grid load factor of 92.26 per cent undermines claims that between 2,500MW and 4,000MW of electricity is stranded daily.
TCN further argued that the reported N2.28tn GenCo capacity payment shortfall is more closely linked to commercial and market settlement issues than transmission constraints.