Nigeria.png
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Nigeria

Description

Overview
Sector Energy
Focus area Renewable energy (unspecified)
Type of action Not known
Scope National
Stage Implementation
Submitted to UNFCCC registry No
Start of initiative 2013
Financing and support details
Financing status Seeking financing
Total cost US$ 171.53 mln
Financing requested
(no data)
Financing received to-date US$ 4.4 mln
Principal source of financing Multilateral
Principal type of financing Grant
Capacity building required Yes
Technology transfer required Yes
Additional information
Proponent(s) Federal Ministry of Power, Federal Ministry of Environment, Energy Commission of Nigeria, Nigerian Electricity Regulatory Commission, Transmission Company of Nigeria
International funder(s) GEF, UNDP
Organization providing technical support
(no data)
Contact benoit.lebot@undp.org

marina.olshanskaya@undp.org

Objective:

The main objective of the NAMA is to Increase the share of renewable power generation in Nigeria up to 10% by 2020 (excluding large hydro).

Activities: (2016 - 2036)
The NAMA has four components:

  • Policy and institutional framework for private investment in on-grid renewable power generation.
  • Financial de-risking instruments for private investment in on-grid renewable power generation.
  • Grid management to absorb intermittent but predictable renewable energy.
  • First commercial on-grid RE projects, with 100 MW of additional RE-based power generation capacity.

The GEF has approved a project, in April 2016, to support the Federal Government of Nigeria (FGN) in the development and implementation of this RE NAMA for the Nigerian Power Sector.

Impact and MRV

No Data Available.png
Cumulative GHG reductions: 1.6 MtCO2e
Mitigative capacity:

No information has been provided on mitigative capacity

Co-benefits:

Social: * health benefits
  • energy access
Economic: * job creation
Environmental: * reduced emissions

MRV Framework:
No MRV plan has been defined


References

The NAMA is expected to leverage about 167M$ of co-financing from the national government, bilateral aid agencies, financial institutes as well as private sector.
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Difference between revisions of "De-risking Renewable Energy NAMA for the Nigerian Power Sector"

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(Created page with "{{NAMA Input Template |Country name=Nigeria |Type of NAMA=Supported (with unilateral elements) |Sector name=Energy |Sub-sector=Renewable energy (unspecified) |Sub-sector=Renew...")
 
Line 17: Line 17:
 
|Proponent=Federal Ministry of Power, Federal Ministry of Environment, Energy Commission of Nigeria, Nigerian Electricity Regulatory Commission, Transmission Company of Nigeria
 
|Proponent=Federal Ministry of Power, Federal Ministry of Environment, Energy Commission of Nigeria, Nigerian Electricity Regulatory Commission, Transmission Company of Nigeria
 
|Contact name=benoit.lebot@undp.org
 
|Contact name=benoit.lebot@undp.org
marina.olshanskaya@undp.org  
+
marina.olshanskaya@undp.org
 
+
 
|International funder=GEF, UNDP
 
|International funder=GEF, UNDP
 
|Financial support=Yes
 
|Financial support=Yes
Line 24: Line 23:
 
|Capacity building support=Yes
 
|Capacity building support=Yes
 
|Title=De-risking Renewable Energy NAMA for the Nigerian Power Sector
 
|Title=De-risking Renewable Energy NAMA for the Nigerian Power Sector
|Objective=Not specified
+
|Objective=The main objective of the NAMA is to Increase the share of renewable power generation in Nigeria up to 10% by 2020 (excluding large hydro).
|Start of implementation=yyyy
+
|Start of implementation=2016
|Financing status=Not known
+
|End of implementation=2036
|Source of financing=Not known
+
|Description of activities=The NAMA has four components:
|Type of financing=Not known
+
* Policy and institutional framework for private investment in on-grid renewable power generation.
 +
* Financial de-risking instruments for private investment in on-grid renewable power generation.
 +
* Grid management to absorb intermittent but predictable renewable energy.
 +
* First commercial on-grid RE projects, with 100 MW of additional RE-based power generation capacity.
 +
 
 +
The GEF has approved a project, in April 2016, to support the Federal Government of Nigeria (FGN) in the development and implementation of this RE NAMA for the Nigerian Power Sector.
 +
|Financing status=Seeking financing
 +
|Currency=US$
 +
|Total cost=171.53
 +
|Source of financing=Multilateral
 +
|Type of financing=Grant
 +
|Financing received to-date=4.4
 +
|Total emission reductions=1.6
 +
|Comments on emission reductions=The total amount of GHG emissions from pilot projects are 80,000 tCO2/year.
 +
GHG emission reductions attributable to the GEF project, as part of the NAMA, are conservatively estimated at 25% of the total, or 400,000 tCO2.
 +
 
 +
|Social benefits=* health benefits
 +
* energy access
 +
|Economic benefits=* job creation
 +
|Environmental benefits=* reduced emissions
 
|Highlight=Yes
 
|Highlight=Yes
 
}}
 
}}
Line 34: Line 52:
 
|Reference=https://www.thegef.org/project/de-risking-renewable-energy-nama-nigerian-power-sector
 
|Reference=https://www.thegef.org/project/de-risking-renewable-energy-nama-nigerian-power-sector
 
}}
 
}}
 +
The NAMA is expected to leverage about 167M$ of co-financing from the national government, bilateral aid agencies, financial institutes as well as private sector.

Revision as of 07:23, 21 October 2016



Nigeria.png
To edit this page, log in and click on "edit with form" above
Nigeria

Description

Overview
Sector Energy
Focus area Renewable energy (unspecified)
Type of action Not known
Scope National
Stage Implementation
Submitted to UNFCCC registry No
Start of initiative 2013
Financing and support details
Financing status Seeking financing
Total cost US$ 171.53 mln
Financing requested
(no data)
Financing received to-date US$ 4.4 mln
Principal source of financing Multilateral
Principal type of financing Grant
Capacity building required Yes
Technology transfer required Yes
Additional information
Proponent(s) Federal Ministry of Power, Federal Ministry of Environment, Energy Commission of Nigeria, Nigerian Electricity Regulatory Commission, Transmission Company of Nigeria
International funder(s) GEF, UNDP
Organization providing technical support
(no data)
Contact benoit.lebot@undp.org

marina.olshanskaya@undp.org

Objective:

The main objective of the NAMA is to Increase the share of renewable power generation in Nigeria up to 10% by 2020 (excluding large hydro).

Activities: (2016 - 2036)
The NAMA has four components:

  • Policy and institutional framework for private investment in on-grid renewable power generation.
  • Financial de-risking instruments for private investment in on-grid renewable power generation.
  • Grid management to absorb intermittent but predictable renewable energy.
  • First commercial on-grid RE projects, with 100 MW of additional RE-based power generation capacity.

The GEF has approved a project, in April 2016, to support the Federal Government of Nigeria (FGN) in the development and implementation of this RE NAMA for the Nigerian Power Sector.

Impact and MRV

No Data Available.png
Cumulative GHG reductions: 1.6 MtCO2e
Mitigative capacity:

No information has been provided on mitigative capacity

Co-benefits:

Social: * health benefits
  • energy access
Economic: * job creation
Environmental: * reduced emissions

MRV Framework:
No MRV plan has been defined


References

The NAMA is expected to leverage about 167M$ of co-financing from the national government, bilateral aid agencies, financial institutes as well as private sector.