Abstract

ABSTRACT An analysis of Nigeria's electricity supply problems and prospects found that the electricity demand in Nigeria far outstrips the supply, which is epileptic in nature. The acute electricity supply hinders the country's development, notwithstanding the availability of vast natural resources in the country. Nigeria is endowed with abundant renewable energy resources, the significant ones being solar energy, biomass, small and large hydropower with the potential for hydrogen fuel, geothermal and ocean energies. Decentralized energy is the production of electricity at or near the point of use, irrespective of size, fuel or technology. The adoption of renewable energy technologies in a decentralized energy manner, especially for rural communities and in stand-alone applications, will improve electricity supply and enhance the overall economic development.

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