Power Market In Transition, Full Automation Underway — NISO

The Managing Director/CEO of the Nigerian Independent System Operator (NISO), Engr. Abdu Bello Mohammed, has disclosed that the electricity market is currently in a transitional phase, during which all processes will be fully automated.

Mohammed spoke in Abuja during a two-day interactive forum with the West African Power Pool (WAPP) to develop its Market Management System (MMS).

He noted that NISO’s vision is to develop Nigeria’s electricity market into one of the best in the world.

To achieve this, Mohammed noted that NISO is benchmarking with WAPP to ensure the seamless implementation of a Telemetry, Energy Management System (EMS), and Real-Time market system.

On his part, NISO’s Executive Director of Market Operations, Dr Edmund Eje, explained that the technical session was designed to equip market operators with knowledge of WAPP market administration and the adaptation of an automated energy trading platform.

He added that WAPP has developed a robust market platform, widely operationalised in more advanced electricity markets hence the decision to collaborate with the organisation to develop NISO’s MMS.

In his presentation, the WAPP representative, Engr. Chukwuemeka Chiatula, Group Lead at the ERERA- controlled WAPP Market, took the participants through the various transitional phases of the regional electricity market, the customer journey, and the organisation’s efforts to see that the Nigerian national grid goes through the final synchronization which will offer the generators in Nigeria a wider market for transactions.

Chiatula added that NISO as a Corporate Member of WAPP, can always leverage what WAPP has done to advance its Market Operations.