The Nigerian Electricity Regulatory Commission (NERC) in pursuance of the National Policy on Renewable Energy and Energy Efficiency, has issued three windows for grid connected renewable energy projects, Oriental News reports.
The regulator explained that the three the windows are in pursuit of its regulatory mandates established in 2015. NERC said the first window is the net-metering for very small capacities (typically below 1 megawatts [MW].
The second one is the feed-in tariff for capacities up to 5 MW of solar, 10 MW of wind, 10 MW of Biomass and 30MW of small hydro. NERC then said competitive tender for capacities above these thresholds is to be procured through the Nigerian Bulk Electricity Trading (NBET).