Poor Power Supply: Digital transformation to the rescue Read more at:
The problem of Nigerian power sector is increasingly becoming critical. At least, more than half of the country’s population has no access to the grid-connected electricity and those who are connected to the grid experience constant blackouts.
Going by the rising population and climate change, in a few years ahead, Nigeria is sure to experience an increase in energy demands. This means that players in the power sector will have to develop business models that ensure maximum operational benefits and also offer consumers clean and reliable power.
Current reports already show that investments in digital energy across the globe is growing at 20% rate annually, generating over $55 billion last year.Alternative energy and technology expert, Engr Christian Madu, quoted a 2019 study by Energy Watch Group and Lappeenranta University of Technology, Finland, to say that renewable energy will be achievable in Nigeria by 2050.
He argued that digital transformation is the key to delivering improved services to customers while ensuring that organizations operations are optimized to its maximum potential.
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