State electricity markets: what changes
A plain-English look at how the Electricity Act 2023 shifts responsibility to states, and what operators should prepare for.
Practical support for a power sector in transition
Nigeria’s power sector is changing shape. The Electricity Act 2023 lets states build their own electricity markets, while generation, transmission and distribution companies work to close long-standing gaps in liquidity, metering and reliability.
At the same time, off-grid solar, mini-grids and captive power are growing quickly, and water utilities face pressure to expand access. We help operators, investors and public bodies plan, finance and run these assets with confidence.
Under the Electricity Act 2023, states can establish their own regulators and markets. Several have begun the transition from NERC oversight. This creates new licensing, tariff and investment questions for operators and state governments alike.
We work with generation and distribution companies, state governments, off-grid developers, investors and water utilities. Our teams combine regulatory understanding with financial, tax and operational skills to help you deliver reliable, sustainable services.
We help operators and state governments understand what the Electricity Act 2023 means for licensing, tariffs and market structure. For states setting up their own markets, we support regulatory design, transition planning and stakeholder engagement.
A plain-English look at how the Electricity Act 2023 shifts responsibility to states, and what operators should prepare for.
What lenders and development partners look for when financing distributed renewable energy in Nigeria.
Renewables
How metering, data and field controls can work together to improve collections and customer trust.
Operations
Governance, capability and funding questions states should settle early as they take on regulatory oversight.
Weighing cost, reliability and regulatory considerations when businesses generate their own electricity.
Strategy
Options for state water agencies looking to expand services through private participation and better asset management.
Water
Explore the services our clients across generation, distribution, off-grid power and water use most.
Planning a project, a transaction or a response to market reform? Tell us about it and we will bring in the right specialists.
Regulatory design and transition planning under the Electricity Act 2023. [CLIENT TO CONFIRM: client and outcome]
Financial modelling and lender due diligence support for an off-grid developer. [CLIENT TO CONFIRM: client and outcome]
Metering, billing and loss-reduction review for a distribution company. [CLIENT TO CONFIRM: client and outcome]
![Portrait of [CLIENT TO CONFIRM: partner name]](/assets/logo/flowponds.svg){kind=logo}
Partner, Power and utilities
Director, Capital projects and infrastructure