David Thomason Digital solutions are delivering environmental benefits across the power and utility sector in different ways, whether by improving asset efficiency, increasing overall business value, or strengthening ESG reporting says David Thomason, Industry Principal – Power Generation at AVEVA. The power sector is increasingly under pressure to find newer, cleaner ways of producing, storing, and distributing power as environmental, social and governance (ESG) regulations begin to take effect. In recognition of this fundamental imperative, utility leaders are already adjusting their business models to maintain their social license to operate while simultaneously protecting their financial outcomes. As in other industries, digital tools offer the opportunity to reconcile these ambi...
Senegal is set to be partly powered by liquefied natural gas for the first time with the arrival at the capital, Dakar, on Wednesday of a floating gas facility from Singapore, the West African nation’s state power company, Senelec, said. The floating storage regasification unit (FSRU) is the result of a joint venture between Japanese shipping company Mitsui OSK Lines Ltd (MOL) and Turkey’s Karpowership, which supplies power from its fleet of ships mainly to eight African nations. Once up and running, the unit will supply LNG to a Karpowership vessel, which covers around 15% of Senegalese supply and has until now run on oil like most of the country’s power plants. “This project aims to provide reliable, affordable and cleaner power,” Senelec said. It did not say when the FSRU would be opera...
The Group Managing Director, Nigeria National Petroleum Corporation (NNPC), Alhaji Mele Kyari has said that the corporation will partner with Borno State Government to establish a Gas Power Plant following the vandalization of the national grid by insurgents which put the state almost three months into total blackout. Kyari who led a powerful delegation on a courtesy call on Governor Babagana Umara Zulum on Friday said, the Federal Government will not fold its arms and neglect the state which is been ravaged by insurgents, especially cut off from the national grid, as power is a source of income to the teaming people of the state. “We are here with my colleagues, the Head of Gas and Power Business, Engineer Yusuf Usman, Representatives of Greensville Liquefied Natural Gas (LNG), which is a...
The Nigerian National Petroleum Corporation, NNPC, has declared a trading surplus of N13.43billion for November 2020, 54 per cent more than the N8.71billion recorded in October 2020. This is contained in the November 2020 edition of the NNPC Monthly Financial and Operations Report (MFOR), according to a press release by the Group General Manager, Group Public Affairs Division of the Corporation, Dr. Kennie Obateru Obateru said the trading surplus or trading deficit is derived after deduction of the expenditure profile from the revenue in the period under review. The report indicated that in November, NNPC Group’s operating revenue as compared to October 2020, decreased slightly by 0.02 per cent or N0.09billion to stand at N423.08 billion. Similarly, expenditure for the month decreased by 1...