Getting The Deal Through logo
Getting The Deal Through

Renewable Energy

Published: September 2019

Nigeria


    Expand All / Collapse All

  • 1.

    Government electricity participants
    Who are the principal government participants in the electricity sector? What roles do they perform in relation to renewable energy?

  • 2.

    Private electricity participants
    Who are the principal private participants in the electricity sector? What roles do they serve in relation to renewable energy?

  • 3.

    Definition of ‘renewable energy’
    Is there any legal definition of what constitutes ‘renewable energy’ or ‘clean power’ (or their equivalents) in your jurisdiction?

  • 4.

    Framework
    What is the legal and regulatory framework applicable to developing, financing, operating and selling power and ‘environmental attributes’ from renewable energy projects?

  • 5.

    Stripping attributes
    Can environmental attributes be stripped and sold separately?

  • 6.

    Government incentives
    Does the government offer incentives to promote the development of renewable energy projects? In addition, has the government established policies that also promote renewable energy?

  • 7.

    Establishing policies and incentives
    Are renewable energy policies and incentives generally established at the national level, or are they established by states or other political subdivisions?

  • 8.

    Purchasing mechanisms
    What mechanisms are available to facilitate the purchase of renewable power by private companies?

  • 9.

    Legislative proposals
    Describe any notable pending or anticipated legislative proposals regarding renewable energy in your jurisdiction.

  • 10.

    Drivers of change
    What are the biggest drivers of change in the renewable energy markets in your jurisdiction?

  • 11.

    Disputes framework
    Describe the legal framework applicable to disputes between renewable power market participants, related to pricing or otherwise.

  • 12.

    Project types and sizes
    Describe the primary types and sizes of existing and planned utility-scale renewable energy projects in your jurisdiction.

  • 13.

    Development issues
    What types of issues restrain the development of utility-scale renewable energy projects?

  • 14.

    Primary types of project
    Describe the primary types of hydropower projects that are prevalent.

  • 15.

    Legal considerations
    What legal considerations are relevant for hydroelectric generation in your jurisdiction?

  • 16.

    Prevalence
    Describe the prevalence of on-site, distributed generation projects.

  • 17.

    Types
    Describe the primary types of distributed generation projects that are common in your jurisdiction.

  • 18.

    Regulation
    Have any legislative or regulatory efforts been undertaken to promote the development of microgrids? What are the most significant legal obstacles to the development of microgrids?

  • 19.

    Other considerations
    What additional legal considerations are relevant for distributed generation?

  • 20.

    Framework
    What storage technologies are used and what legal framework is generally applicable to them?

  • 21.

    Development
    Are there any significant hurdles to the development of energy storage projects?

  • 22.

    Ownership restrictions
    May foreign investors invest in renewable energy projects? Are there restrictions on foreign ownership relevant to renewable energy projects?

  • 23.

    Equipment restrictions
    What restrictions are in place with respect to the import of foreign manufactured equipment?

  • 24.

    General government authorisation
    What government authorisations must investors or owners obtain prior to constructing or directly or indirectly transferring or acquiring a renewable energy project?

  • 25.

    Offtake arrangements
    What type of offtake arrangements are available and typically used for utility-scale renewables projects?

  • 26.

    Procurement of offtaker agreements
    How are long-term power purchase agreements procured by the offtakers in your jurisdiction? Are they the subject of feed-in tariffs, the subject of multi-project competitive tenders, or are they typically developed through the submission of unsolicited tenders?

  • 27.

    Operational authorisation
    What government authorisations are required to operate a renewable energy project and sell electricity from renewable energy projects?

  • 28.

    Decommissioning
    Are there legal requirements for the decommissioning of renewable energy projects? Must these requirements be funded by a sinking fund or through other credit enhancements during the operational phase of a renewable energy project?

  • 29.

    Construction financing
    What are the primary structures for financing the construction of renewable energy projects in your jurisdiction?

  • 30.

    Operational financing
    What are the primary structures for financing operating renewable energy projects in your jurisdiction?

  • Updates and trends

Benchmac & Ince is a bespoke law practice established to meet the dynamics of modern day business and to deliver professional services. With its Nigerian roots and world class ideals the firm is purposely structured along 3 service lines-Public Private Partnership and Infrastructure; Intellectual Property and Corporate Services.

View more information about Benchmac & Ince


Lagos
212A Muri Okunola Street
Victoria Island
Lagos
Nigeria
T: +234 1 270 5895 / 461 9923
F: +234 1 270 5895


Testimonials

Briefing Signup

Sent approximately once a month, the free GTDT Briefing service alerts you of the latest titles to be published on GTDT Online.

Sign up to be notified of new content

Subscribe



Follow Getting the Deal Through for the latest updates on law and regulation worldwide

Follow us on LinkedIn