Nigeria's Path to Net Zero: Wärtsilä's Roadmap for a Renewable Energy Future
Key Ideas
  • Wärtsilä's report outlines a roadmap for Nigeria to achieve a 100% renewable energy power system by 2060, incorporating advanced energy system modeling techniques.
  • The optimal power system includes 1,200 GW of renewable energy capacity, 283 GW of energy storage, and 34 GW of engine-based power plants for grid balancing.
  • Investing in renewable energy and flexibility from gas engines and energy storage is predicted to reduce energy costs by 74% and achieve zero carbon emissions by 2060.
  • Nigeria's vast domestic gas reserves will play a key role in enabling the energy transition until gas engine power plants switch to running solely on green hydrogen by the early forties.
Wärtsilä, a global technology group, has released a report titled 'Nigeria Leading Africa to Net Zero,' offering a detailed roadmap for Nigeria's transition to a 100% renewable energy power system by 2060. The report emphasizes the importance of a data-driven and cost-effective energy strategy as Nigeria aims to lead in climate action while meeting energy demands and ensuring universal electricity access. The proposed power system includes a significant renewable energy capacity, energy storage, and engine-based plants for grid balancing. By investing in renewables and flexibility from gas engines and storage, the cost of electricity generation is expected to decrease by 74% by 2060, with carbon emissions reaching zero. Nigeria's abundant gas resources will facilitate the transition until the gradual shift to green hydrogen. The plan also highlights the need for substantial investments, estimated at $18.7 billion until 2030 and $425 billion until 2060. To achieve this, policy reforms are essential. By enhancing infrastructure, establishing a robust policy framework, and implementing a renewable-based expansion plan, Nigeria can progress towards affordable, reliable, and decarbonized electricity, ultimately aiming for universal access by 2032.
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