The Nigerian Independent System Operator (NISO) has reported a significant drop in transmission losses on the national grid to 7.05percent, from close to 10percent earlier recorded.
Managing Director, NISO, Abdu Bello disclosed the development while speaking at its first anniversary in Abuja.
Report says, the reduction followed targeted operational interventions aimed at improving efficiency and discipline across the transmission network, saying that high transmission losses had previously cost the electricity market between N5billion and N8billion monthly.
In addition, NISO is scaling up the deployment of Internet of Things (IOT) technology across the electricity value chain, particularly mandating distribution companies (DISCOS) to install IOT meters on their 33KV and 11KV feeders.
He explained that IOT Integration alongside ongoing SCADA\EMS implementation would enable system operators to monitor the grid in real time, improve data currency and support faster market settlement.
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