He said that the transition must be done wisely in the country in an equitable manner for the benefit of all Nigerians.
“We must first appreciate that we need energy for our development and electricity at an affordable and very reliable cost.
“We must have the energy for transportation, for industrialization, for commercial activities, but the question is how we do it,” Bala asked.
He pointed out that in the Petroleum Industry Law (PIA), natural gas is a transition fuel that the current administration places a lot of emphasis on and that must be developed together with other renewable energies.
The head of the ECN explained that Nigeria has the resources, and in the development of these renewables that also include biomass, hydroelectric energy, among others, it must be done with a technology that involves energy efficiency.
Bala said that for less carbon emissions, Nigeria is able to develop biofuel or bioethanol, which is a substitute for fuel, also known as Premium Motor Spirit.
He claimed that Nigeria could also develop a substitute for diesel fuel, which is the biofuel used in heavy machinery and equipment.
Consequently, he noted that biofuel is attracting increasing attention around the world as a direct replacement for diesel fuel in diesel engines.
He said that all of this and more would be possible through the continued development of the agricultural sector in Nigeria.
“Agriculture employs a lot of people, we can mechanize agriculture and make sure that more people produce the much needed carbon nitride, biofuel, bioethanol and biodiesel.
“All of these options are on the ground, in fact, the National Energy Policy emphasizes the need for a broader energy mix based on the energy resources that we have in this county,” Bala said.
He argued that the development of human capacity was a key element in achieving the desired results.
He said that the development of human capacity was very essential, not only in the energy transition but for the nation as a whole.
To develop the capacity of Nigerians, Bala emphasized the need to create an enabling environment with an educational system that encourages creative thinking.
According to him, with this in place, Nigeria will be able to solve all its problems internally.
He said the ECN Quarterly Lecture Series was one of the commission’s mandates.
“The law that establishes the Energy Commission empowers it to produce strategic plans and coordinate national policies in the field of energy in all its ramifications, but we realized that we could not do this alone.”
He said the lecture series began this year so that the commission’s staff members and administrative staff could tap into knowledge across the spectrum of the energy sector.
“So we invited academics, industry experts, government to tell us more about current affairs because the only way to plan is to have a deep understanding of the sector.”
Professor Wumi Iledare delivered a lecture titled: Developing Strategies for Nigeria’s Energy Transition, while Elder Boma Benebo lectured on: Renewable Energy Fixation Options in Nigeria.
Short Link: https://wp.me/pcj2iU-3EMD
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