The Nation
10 August 2011
The United States Special Envoy and Co-ordinator for International Energy Affairs, Ambassador Carlos Pascual, yesterday urged Nigeria to take a look at the development of renewable energy to enhance its mix.
He spoke at the Second Energy and Investment Working Group meeting in Abuja .
He said the American government has given a grant to the Nigeria Electricity Regulatory Commission to develop a framework for investment incentives to independent power producers utilising renewable energy resources.
Pascual added that the partnership would focus on five critical areas, including energy reforms, long-term investment in the petroleum sector, the eradication of gas flaring, renewable energy and improved transparency in the nation’s energy industry.
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