DRAFT NATIONAL RENEWABLE ENERGY AND ENERGY EFFICIENCY POLICY (NREEEP)

A Policy promotes the development of renewable energy and energy efficiency across Nigeria's sectors. It targets investors, manufacturers, and government agencies to reduce energy use and support climate goals.

What Is This Policy?

A draft policy framework providing direction for the development of renewable energy resources and promotion of energy efficiency across all sectors of the Nigerian economy.

Who Does It Target?

Renewable energy investors and project developers Energy efficiency equipment manufacturers and installers Federal and state government energy agencies Industrial, commercial, and residential energy users

What Does It Aim to Achieve?

Diversify Nigeria's energy mix by scaling up renewable energy, reduce energy intensity of the economy through efficiency measures, and contribute to climate change mitigation goals.

Key Features

Renewable Energy Targets: Sets quantitative targets for renewable energy capacity additions in solar, wind, small hydro, and biomass. Energy Efficiency Standards: Promotes minimum energy efficiency standards for appliances, buildings, and industrial processes. Feed-In Tariff Framework: Proposes a feed-in tariff mechanism to incentivise renewable energy generation by small and medium producers. Institutional Framework: Clarifies roles of NERC, REA, ECN, and other bodies in renewable energy and efficiency regulation.

Current Status

Rollout Stage: Draft stage - public consultation ongoing Coverage: Nationwide energy sector Beneficiaries: Energy consumers, renewable energy investors, and the environment Funding: Government energy budgets; private investment; international climate finance

How to Access

Stakeholders may submit comments during the public consultation period Renewable energy developers: engage the Rural Electrification Agency (REA) and NERC Application method: Engage the Federal Ministry of Power or Rural Electrification Agency for renewable energy development.

Important Terms

Policy is in draft form; provisions may change before final adoption Existing NERC regulations govern renewable energy market participation pending policy finalisation Feed-in tariff rates are subject to NERC approval

Official Resources

Website: https://www.power.gov.ng Contact: Federal Ministry of Power / Rural Electrification Agency (REA)

Legal Framework

Developed under the authority of the Energy Commission of Nigeria (ECN) and the Federal Ministry of Power pursuant to the Energy Commission of Nigeria Act and the Electric Power Sector Reform Act (EPSRA) 2005. Aligns with the Electricity Act 2023, Nigeria's Nationally Determined Contribution (NDC) under the Paris Agreement, the National Energy Policy, and the ECOWAS Renewable Energy Facility (ECREEE) White Paper on Energy Access.