The Director-General of National Power Training Institute of Nigeria (NAPTINS) Reuben Okeke made this known at the World Bank’s “Powering Africa” Conference on in Abuja, the nation’s capital city.
Renewable energy consists of solar, wind, biomass, bio-gas, Geo-thermal and hydro-thermal energy.
Okeke said even though a lot was being done in conventional energy, the government was seriously looking at utilizing renewable energy.
According to him, renewable energy is a welcome development in Nigeria, especially because rural access to basic electricity was still very low.
“It is only renewable energy that can accelerate the accessibility of electricity to our rural areas,” Okeke told his audience.
Okeke said development partners interested in investing in renewable energy in Nigeria were welcome to do so through NAPTINS.
Meanwhile, Daniel Werner, the Head Nigeria Energy Support Program, said policies that encouraged renewable energy needed to be created.
He said at the moment, Nigeria did not have structural policy that supported the mechanism of renewable energy and it could hinder investment in that area.
Werner said tariff plan for energy generated through this should be created, saying it would help investors to project possible returns through this. Enditem