The Nigeria Renewable Energy Roundtable
The Nigerian Renewable Energy Roundtable (NiRER) is an action-oriented partnership of relevant stakeholders, that are committed to resolving the issues and bottlenecks that limit the expansion of the on-grid and off-grid renewable energy market in Nigeria. NiRER is a partnership of government ministries, departments and agencies (MDAs), the private sector, academia, intergovernmental and civil society organisations that are actively involved in Nigeria’s renewable energy sector.
In 2017, the Federal Ministry of Power, Works and Housing, the Federal Ministry of Science and Technology (through the Energy Commission of Nigeria), along with the NESG, came together to establish NiRER as a platform that serves to remove bottlenecks to achieving Nigeria’s development goals. NiRER supports quick action that delivers benefits on several fronts. Focus areas include access to low-cost finance, equipment standards & quality control, skills and market development, energy efficiency, fiscal and monetary incentives, policy reforms etc. NiRER was formally inaugurated on 20th June, 2017 by the then Acting President of the Federal Republic of Nigeria, Prof. Yemi Osinbajo, at the Banquet Hall of the State House, Abuja.
Finance Working Group
This group deals with issues relating to access to finance for on-grid and off-grid renewable investors, practitioners and consumers, including Stand-Alone-Systems (SAS) and Mini Grids for business and residential uses; Credit risk management, financial data and bankability of renewable projects; accessing national and international financial markets and grants; mapping of donor funds and engagement of donor agencies to secure funding for renewable energy projects.
Investment & Business Environment
This group focuses on issues relating to the regulatory and legislative framework required to upscale off-grid solutions; the ease of doing renewable energy business; fiscal and monetary incentives for renewable energy investors, including customs regulations, taxes, waivers and profit protection.
Training, Quality Control & Utilisation
This group addresses matters relating to improving renewable energy standards and quality control of products, services and imports; improving local renewable energy skills and upscaling of renewable energy training and knowledge transfer; innovations in off-grid appliances, with focus on agricultural, micro, small and medium-scale enterprises (MSME) and IT sectors.
Communication & Advocacy
This group is focused on changing the narrative on renewable energy; advocacy and accessible communication on development potentials of renewable energy projects in Nigeria.
-> To bring stakeholders together and facilitate effective dialogue for the sustainable development of the sector.
-> Synergise the action plans/activities of all relevant stakeholders in the sector to achieve better outcomes and measurable impact.
-> Target efforts to resolve priority issues and bottlenecks in the sector.
-> Support public and private sector stakeholders to implement high-impact strategies to expand the market.
-> Serve as a watchdog for the implementation of renewable energy policy frameworks and regulations in Nigeria.
-> Identify and assess the market opportunities in Nigeria and develop strategies to capture a sizable share of the global renewable energy market.
-> Advocate for capacity building, research and local content development in the renewable energy space.
HOW TO JOIN NiRER
Interested parties can join NiRER as a “Partner” and/or member of one of the “Working Groups”. A NiRER Partner is any entity with a mandate to promote the development and expansion of Nigeria’s electricity sector while increasing the renewable energy (RE) mix:
To join NiRER, interested entities should do so in writing. The letter should:
- Endorse NiRER purpose and functions.
- Endorse meaningful action to advance the RE markets consistent with the NiRER purpose.
- Identify particular areas of interest related to RE and any specific actions taken or planned to address the bottlenecks in the sector.
- Include the entity’s mission and/or capacities in relation to advancing RE.
- Include the entity’s willingness and capacity to contribute to the work of NiRER and support its objectives and initiatives.
- Identify the primary point of contact for communications with NiRER.