The Lagos State Electricity Bill 2024, currently before the state House of Assembly, is expected to end blackouts in the state, according to Mr. Biodun Ogunlewe, the Commissioner for Energy and Mineral Resources. Ogunlewe provided this assurance during a one-day public hearing on the bill at the assembly complex on Wednesday. The bill aims to Read More…
Tag: electricity market
EU chief plans restructuring of electricity market as prices skyrocket
European Commission President, Ursula von der Leyen, revealed plans for structural reforms to skyrocketing energy on Monday, saying prices have exposed the limits of the European Union’s electricity market design. Von der Leyen stated in her speech, at an international conference in Bled, Slovenia that the market “was developed under completely different circumstances.” “That’s why we, Read More…