Nigeria Power Report Q1 2015

Business Monitor International
December 17, 2014
86 Pages - SKU: BMI5416339
Countries covered: Nigeria

Nigeria Power Report Q1 2015

BMI View: Strong macroeconomic fundamentals, progress in gas-fired and renewable power generationand the mobilisation of domestic and international financing continue to support our long-term optimisticoutlook for Nigeria's power sector. We emphasise, however, that natural gas shortages,inefficient infrastructure and a challenging business environment remain sizeable risks to investment in themarket - with the lack of feedstock for the country's expanding thermal power capacity representing thegreatest constraint to Nigeria's considerable potential.

We have maintained our core view that the Nigerian power market can offer huge long-term opportunitiesfor investors willing to take current operational risks. This is predicated on colossal untapped - and growing- demand for power, driven by an expanding population, a booming economy and a still limited nationalelectrification rate (currently at about 50% of the population). We forecast real GDP to expand by an annualaverage rate of 6.8% between 2014 and 2023, while power consumption will grow by an average rate of9.6% over the same period.



More Electricity reports by Business Monitor International

United Kingdom Power Report Q2 2015 by Business Monitor International
United Kingdom Power Report Q2 2015BMI View: An unpredictable shift to a multi-party political system following the 2015 general election willcloud UK energy policy and ...
Turkey Power Report Q2 2015 by Business Monitor International
Turkey Power Report Q2 2015BMI View: This quarter we have extended our forecast to 2024. This notwithstanding, we maintain ourview that Turkey's position in the ...
Thailand Renewables Report Q2 2015 by Business Monitor International
Thailand Renewables Report Q2 2015Despite the political turmoil leading to a military coup in May 2014 there are signs that our previousforecast still holds in ...
Pakistan Power Report Q2 2015 by Business Monitor International
Pakistan Power Report Q2 2015BMI View: The adoption of net metering in Pakistan will not only drive the expansion of the country'sdomestic solar industry, but ...
See all reports like this >>

More Nigeria Electricity reports

Electricity Control and Distribution Equipment Market in Nigeria to 2019 - Market Size, Trends, and Forecasts by Global Research & Data Services Oy
Electricity Control and Distribution Equipment Market in Nigeria to 2019 - Market Size, Trends, and ForecastsThis industry report offers the most up-to-date market data on ...
Power Generation in Nigeria by MarketLine
Power Generation in NigeriaIntroductionPower Generation in Nigeria industry profile provides top-line qualitative and quantitative summary information including: market size (value 2009-13, and forecast to 2018). ...
Nigeria Power Market Outlook to 2030, Update 2014 - Market Trends, Regulations, and Competitive Landscape by GlobalData
Nigeria Power Market Outlook to 2030, Update 2014 -Market Trends, Regulations, and Competitive LandscapeSummaryThis report elaborates Nigeria’s power market structure and provides historical and forecast ...
Emerging Renewable Energy Technologies in Sub-Saharan Africa by GlobalData
Emerging Renewable Energy Technologies in Sub-Saharan AfricaSummaryThe region of Sub-Saharan Africa (SSA) has huge renewable energy potential that has the capability to supplement its rising ...
See all reports like this >>

 

SELECT A LICENSE

    Report with 3 quarterly updates  USD 1,295  
    Report with 3 quarterly updates
3 User License
  USD 1,945  
    Report with 3 quarterly updates
5 User License
  USD 2,500  
    Report with 3 quarterly updates
Departmental/Site License
  USD 2,995  
    Global Site License Fulfilled by Publisher  USD 6,995  
 
US: 800.298.5699
Int'l: +1.240.747.3093
 

Share this report


    Other tasks

     
     
    Join Alert Me now!
    Receive bi-weekly email alerts on new market research

    Sign up today!