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Press Release: Engr. Ademola Agoro, MD of Protogy Global Services Limited, Supports NERC’s Call for Distribution Companies to provide solutions to fix Power sector not Excuse.

Lagos, Nigeria – September 8, 2024— Engr. Ademola Agoro, Managing Director of Protogy Global Services Limited and renowned energy expert, has expressed his full support for the recent statement by the Nigerian Electricity Regulatory Commission (NERC) Chairman, urging Distribution Companies (DisCos) to take responsibility and invest in solutions to fix Nigeria’s power sector. He emphasized the critical need for DisCos to prioritize investments in smart distribution grid infrastructure, particularly in states where NERC has granted regulatory control over electricity distribution.

In his remarks, Engr. Agoro stressed that the future of Nigeria’s power sector lies in modernizing the nation’s grid infrastructure, and smart distribution grids are a fundamental part of that transformation. He also urged states with regulatory autonomy under the new Electricity Act to actively invite investors into distribution network services, thereby enabling a diversified and reliable power generation system across Nigeria.

“The NERC Chairman’s call is timely and necessary. DisCos need to move beyond excuses and make tangible investments that will improve the quality of electricity distribution across the country. The introduction of smart grids will help ensure that Nigeria’s power sector moves from its current challenges to a future of stability and efficiency,” Engr. Agoro stated.

The Role of Smart Distribution Grids in the Power Sector Transformation

Smart distribution grids utilize advanced technologies to optimize the flow of electricity, improve reliability, and integrate renewable energy sources. Engr. Agoro highlighted that smart grids provide the tools necessary to address long-standing challenges in Nigeria’s power sector, such as frequent outages, energy losses, and the inability to meet rising demand.

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“With smart grids, we can actively monitor and manage electricity flow, detect and resolve faults quickly, and ensure a balanced and efficient distribution of power. This kind of technological investment is not just a solution for today but a platform for tomorrow’s power sector. It enables the integration of multiple energy sources, reduces transmission losses, and empowers DisCos to deliver better services to their customers,” Engr. Agoro explained.

He further noted that as Nigeria transitions to decentralized energy production, where multiple sources of energy—solar, wind, hydropower, and conventional gas—can be fed into the grid, smart distribution systems are essential to managing the complexity of such diverse power inputs. These systems will enable DisCos to handle the expected increase in renewable energy generation, which is critical for achieving energy sustainability and resilience.

Supporting the Implementation of the New Electricity Act

Engr. Agoro also underscored the importance of the new Electricity Act, which grants states greater autonomy in regulating electricity distribution within their jurisdictions. This decentralized regulatory framework provides states with the opportunity to chart their path toward a more reliable and efficient electricity market, particularly through the adoption of smart grid technologies.

“The Electricity Act has given states the power to take control of their electricity distribution, and this is a game-changer. However, with that power comes the responsibility to invest wisely in infrastructure. States must see this as a chance to invite investors into distribution wired services, creating an ecosystem where multiple sources of electricity generation can thrive,” he said.

He called on state governments to actively pursue partnerships with both local and international investors to upgrade their distribution systems and introduce cutting-edge technology. These investments, he noted, would not only improve service delivery but also encourage innovation in the energy sector and stimulate economic development.

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“States must be bold and proactive. This is the time to attract investment in distribution services, allowing for new technologies and energy sources to be integrated into the grid. By doing so, we can create a more competitive and dynamic energy market that meets the needs of Nigerians across the country,” Engr. Agoro added.

A Call for Collaboration and Action

Engr. Agoro emphasized that fixing the power sector requires the collective effort of DisCos, regulators, and state authorities, with a strong focus on accountability and innovation. He reiterated that the key to success lies in implementing practical solutions, such as smart grids, rather than relying on short-term fixes.

“DisCos must embrace a culture of accountability and innovation. We need to see immediate investments in smart grid infrastructure, which will lead to long-term benefits for both the operators and their customers. The responsibility now lies with DisCos to take the bold steps necessary to modernize their systems and move beyond the traditional challenges that have hampered Nigeria’s power sector for too long,” he concluded.

About Protogy Global Services Limited

Protogy Global Services Limited is a leading energy solutions company in Nigeria, focused on providing innovative and sustainable energy systems for businesses and communities. With expertise in renewable energy, microgrids, and smart grid technologies, Protogy is at the forefront of efforts to modernize Nigeria’s power infrastructure and enhance energy access across the country.

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By oyonews

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