Nigeria

GW

2

MT

Coal plants in

Nigeria

Additional profit over 30 years

0.7

Bn. $

% Profitable

100

%

Annual CO2 emissions saved

2

MT / year

Total W-S-B investment need

0.8

Bn. $

Investment Potential

1

n.a.

%

of this country’s annual energy-related CO2 emissions could be eliminated by SwitchCoal.

Investment breakdown

0.8

Bn. $

Initial Investment for Conversion to Wind and Solar Power Plant

0.7

Bn. $

Additional profit from switch over 30 years (Source: IEA World Energy Outlook 2022)

Solar

595

M. $

Wind

183

M. $

Battery

34

M. $

Production costs

5.2

ct/kWh

Mean OPEX of the coal plants within this country (Source: IEA World Energy Outlook 2022)

3.7

ct/kWh

Production cost of renewable energy

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Total W-S-B inv. need

Total W-S-B inv. need

Total W-S-B inv. need

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Obajana Cement power station

Ibese Cement power station

Gboko Cement power station

Location view

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