ECN unveils new energy policy to cut electricity costs for industries

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The Energy Commission of Nigeria (ECN) has introduced a new policy framework aimed at reducing electricity costs for industrial players while promoting energy efficiency and cleaner production technologies.

The policy, titled “Improving Nigeria’s Industrial Energy Performance and Resource Efficient Cleaner Production through Pragmatic Approaches and the Promotion of Innovation in Clean Technology Solutions,” was unveiled during a validation workshop in Abuja, by the ECN’s Director-General, Dr. Mustapha Abdullahi.

Abdullahi noted that the policy   seeks to enhance Nigeria’s industrial energy performance and drive sustainable economic growth.

He emphasised that the regulations would help industries conserve energy, lower operational costs, and improve overall efficiency.

“We are introducing these new regulations to enable industries to use electricity more efficiently. Energy generation alone is not enough without efficient utilization, even 20,000 megawatts could be wasted,” he explained.

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This initiative, he said, is part of broader efforts to address Nigeria’s high industrial electricity costs, a major barrier to competitiveness and growth. 

By promoting conservation and clean technologies, he noted that the ECN aims to create a more sustainable and cost-effective energy ecosystem.

Alongside the policy, the ECN also unveiled a Compendium of Industrial Energy Efficiency Policies, Regulations, and Standards, providing a consolidated resource for policymakers, industry stakeholders, and regulators.

Dr. Abdullahi described the compendium as a “living document” that will be continuously updated to reflect new policies and technological advancements. It will guide decision-makers in implementing Industrial Energy Management Systems (EnMS) nationwide.

The success of the policy will depend on collaboration among key stakeholders, including government agencies, NGOs, and the private sector. Dr. Abdullahi underscored the importance of synergy and coordination in promoting energy efficiency and conservation best practices.

“Appropriate policy and legislative frameworks are essential for driving national energy efficiency and sustainability,” he noted.

Also, Director-General of the Manufacturers Association of Nigeria (MAN), Segun Ayayi-Kadiri, praised the ECN’s efforts, calling the initiative a vital step toward economic sustainability.

Ayayi-Kadiri, who was represented by MAN’s Liaison Officer, Michael Olufemitan,  emphasised the policy’s potential to boost productivity, create jobs, and enhance environmental sustainability.

“By prioritizing resource efficiency and innovation, Nigeria’s industrial sector can drive economic diversification while minimizing its environmental footprint,” he said.

“The theme of today’s event underscores the urgent need for innovative and pragmatic solutions to improve energy use and promote cleaner production across industries.

“Our nation’s industrial sector holds significant potential to not only enhance productivity but also reduce environmental impact through the adoption of clean technologies and sustainable practices. 

“By focusing on resource efficiency and innovation, we can unlock new opportunities for job creation, economic diversification, and environmental sustainability”.

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