Lagos — Shortage of gas to power generation among others has cost Nigeria N2, 012 in just one day.
A daily energy report by the Advisory Power Team, office of the Vice President, a copy of which was obtained by SweetcrudeReports on Tuesday, indicated that the huge loss was recorded on Monday due to insufficient gas supply, distribution and transmission infrastructure.
The report also said electricity Generation Companies, GenCos comprising gas-fired and hydro stations said they could not generate 3,666 megawatts of electricity on Monday due to unavailability of gas.
In the same vein, 526.2 megawatts was not also generated due to high frequency resulting from unavailability of distribution infrastructure.
The report, however, said that the GenCos released an average of 4,515 MegaWatts/Hour of electricity into the national grid on Monday.
It said that the electricity sent out by the GenCos was up by 148.05 megawatts from the 4,367 released on Sunday.
On sector reform and activities, it said that the dominant constraint for Monday was unavailability of gas, adding that the peak generation attained on Monday was 4,972.5 megawatts.