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Multi-Year Tariff Order (MYTO) II (2012-2017)
…defined as a price variation of plus or minus five per cent (+/- 5%) in any of these indices. A review of all inputs to the tariff calculation will commence in 2016 as the basis for a new Multi-Year Tariff Order (MYTO) to commence for 5 years from 1st June 2017.
The MYTO2 provides a 15 year tariff path for the renewable electricity with minor and major reviews bi-annually and every five years respectively.
The MYTO2 FiTs for 2012-16 in Nigerian Naira per MWh (N/MWh)
Onshore wind
PV (ground mounted)
Small hydro (<30 MW)
Biomass
2012
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Multi-Year Tariff Order (MYTO) I (2008-2013)
By the Multi-Year Tariff Order 1 (MYTO 1), the Nigerian Electricity Regulatory Commission (NERC) establishes the regulated prices to be paid to licensed electricity generation companies in providing electricity to distribution and retailing companies for the period 1st Jul 2008 to 30 June 2013, pursuant to the authority given under the Electric Power Sector Reform Act 2005 (the Act).
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Southeast Asia Energy Outlook 2026 Energy outlook to 2050 based on targets and pledges
Achieving Southeast Asia’s announced energy and climate pledges would bring forward a structural shift in the region’s energy system. In the Announced Pledges Scenario, total energy demand grows by around 2% per year to 2035, as stronger efficiency gains and electrification weaken the link between economic growth and energy consumption. Clean energy meets most incremental demand growth, raising its share in the energy mix to around 30% by 2035.Fossil fuel demand peaks before 2035 across all major fuels in the APS, in contrast to continued growth under today’s policy settings. Coal demand peaks around 390 Mtce…
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Energy Technology Perspectives 2026 Deployment of clean energy technologies, materials and fuels
Outlook Many clean energy technologies are increasingly cost-competitive and growing strongly. Their aggregate market value has grown 20% on average per year since 2015 to reach nearly USD 1.2 trillion. Some 80% of global solar PV and wind generation now occurs at lower levelised costs than for coal or gas. Battery prices have dropped 75% since 2015, pushing electric car sales to around 25% share in 2025. Deployment increases in all IEA scenarios: in the Current Policies Scenario (CPS), their global market value nearly doubles to around USD 2 trillion in 2035, greater than the oil market in…
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Global Critical Minerals Outlook 2025 Executive summary
Demand for key energy minerals continued to grow strongly in 2024. Lithium demand rose by nearly 30%, significantly exceeding the 10% annual growth rate seen in the 2010s. Demand for nickel, cobalt, graphite and rare earths increased by 6‑8% in 2024. This growth was largely driven by energy applications such as electric vehicles, battery storage, renewables and grid networks. In the case of copper, the rapid expansion of grid investments in China has been the single largest contributor to demand growth over the past two years. For battery metals such as lithium, nickel, cobalt and graphite, the energy sector accounted…
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Energy Technology Perspectives 2026 Supply chain risks and industrial competitiveness
Supply chain risks Supply chain security remains a challenge: Clean energy technology manufacturing is highly geographically concentrated, with China as the main supplier in most supply chain stages. China accounts for around 85% of solar and 80% of lithium-ion battery supply chain production capacity, and even higher shares for PV wafers (95%) and anode materials (97%). Cybersecurity considerations further enhance the importance of addressing security of supply. An “N-1” assessment, which models the impact of losing the largest exporter in each supply chain, shows that for the final downstream stages of most of the four technologies examined – solar…
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State of Energy Policy 2026 Energy efficiency and fuel switching regulations
More than 130 countries have energy efficiency or fuel switching regulations in place, but some were revised, delayed or withdrawn in 2025 Energy use has become more efficient around the world since 2000. Global energy intensity has improved by around 30% over the past 25 years, meaning the world uses about 30% less energy per unit of economic output today than it did in 2000, with differentiated trends by key end uses: passenger cars and air conditioners have notably seen efficiency improvements for new sales of 30% and 45%, respectively since 2005. However, the pace of improvement has slowed over…
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Electricity 2026 Emissions
CO2 emissions from electricity generation are forecast to plateau through 2030 In 2025, global emissions from electricity generation remained flat, after increasing 1.5% and 1.4% in in the previous two years, respectively. Even with strong gains in electricity demand, growth in power sector emissions is showing marked signs of slowing down as fossil-fired generation is constrained by the rapid deployment of renewables and rising nuclear power generation. As this trend continues, we forecast global emissions from power generation to plateau over our 2026-2030 outlook period due to significant increases in clean energy sources, despite electricity demand…
- Executive summary
- Demand
- Supply
- Grids
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+ 4 pages
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Manufacturing and Trade Model
The IEA’s Manufacturing and Trade (MaT) Model was first developed for the 2024 edition of Energy Technology Perspectives (ETP) to produce scenario projections of manufacturing and trade across six key energy technology supply chains. These cover solar photovoltaics (PV), wind turbines, electric cars, batteries, electrolysers and heat pumps. This model is now used to generate detailed sector-by-sector and region-by-region long-term scenarios in IEA publications such as the World Energy Outlook and Global EV Outlook.The MaT model is part of the IEA’s broader modelling framework and is closely linked to the Global Energy…
