The News
Presentations at Onem Workshop on 27 October 2016 PDF Print E-mail
Written by Oni Ehimen   
Wednesday, 02 November 2016 04:48

1. "Settlement and Billing Issues In TEM" ........ "Settlement Statement” means the document prepared by the Market Operator stating the Charges to be settled, or the payment to be , by each Participant as a result of the trading and activities on the Market Operator Administered Market, and the Energy bought and sold in Bilateral Contacts by Participants(Market Rule Definition) .....

2. "Market Discipline" .......Fundamental Concerns that cannot be Compromised are The tariff assumptions must be credible,Tariff methodology must be respected and implemented, Data-based decision making by the regulator and Behavioural consistency by the MO to treat complaints of market participants with equity and on the basis of rules...

Last Updated on Wednesday, 02 November 2016 07:12
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Market Participants PDF Print E-mail
Written by Administrator   
Tuesday, 25 October 2016 00:00

 

The following companies listed below have completed the registration process with the Market Operator in compliance with Market Rule (MR) 14 and 15.

They are now Market Participants. Congratulations!!!!!

GENERATING COMPANIES

  1. Afam Power Plc
  2. Egbin Power Plant
  3. Eurafic Sapele Power Plc
  4. Geregu Power Plc
  5. Kainji Hydro Power
  6. Mainstream (Jebba Station)
  7. Olorunshogo Power Plc
  8. Omotosho Power Plc
  9. Paras Energy & Natural Resources
  10. Shiroro Power
  11. Ughelli Power Plc
Last Updated on Tuesday, 25 October 2016 10:53
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Power News Daily PDF Print E-mail
Thursday, 02 June 2016 13:18

02-06-2016  Power Generation Rebounds To 2,820mw

Annan laments effects on GDP
Nigeria’s electricity generation has inched up to 2,820 megawatts (mw) from the 1,400mw recorded last week. The Transmission Company of Nigeria (TCN), which made this disclosure in its daily operation report released on Tuesday, put the country’s peak demand forecast at 17,720mw. TCN, while also putting installed electricity generation capacity at 11,165mw, noted that the country has only been able to generate 5,500mw of power in February, which remained the highest since 2014.

Last Updated on Thursday, 02 June 2016 23:23
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Minister Visits Power Collect PDF Print E-mail
Written by Administrator   
Wednesday, 06 April 2016 11:18

The Minister of Power, Works & Housing, Mr Babatunde Fashola during a visit to the Power Collect Centre, TCN Corporate Headquarters, Maitama, Abuja

 

Last Updated on Wednesday, 06 April 2016 11:21
 
Market Operator TDA Engineers PDF Print E-mail
Written by Oni Ehimen   
Friday, 31 July 2015 15:54

Engineers from the Technical Data Sector in Market Operations Installing a digital Meter in a substation

Last Updated on Tuesday, 05 April 2016 21:45
 
Contract Registration PDF Print E-mail
Written by Administrator   
Tuesday, 17 March 2015 19:52

Copies of all contracts entered into in the market should be forwarded to the Market Operator by participant for registration. This is in compliance with section 20.3.1 of the Market Rules, which requires the Market Operator to establish and maintain a contracts register, for the purpose of:

i. Keeping records of generation capacity and contracted quantities, for the development of generation adequacy report.

ii. Informing the commission and other stakeholders the % of Discos demands covered by existing contracts

Last Updated on Wednesday, 06 April 2016 11:42
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