Energy Trading
Elektron opportunistically considers energy trades that are complimentary to its business interests and for which it believes can leverage certain of its key strategic and financing relationships to bridge near-term supply/ demand gaps.
The Company’s energy trading expertise includes physical petroleum products, on spot or term contracts, and crude-oil offtakes. In 2014, Elektron entered into a strategic partnership with Vitol SA and the Antwerp Processing Company to secure marketing rights and trade Nigerian crude oil.
Elektron is equally versed in power trading opportunities and is increasingly relying on such prospects to bridge power supply gaps in the region while reducing the need for meaningful upfront capital expenditures to deploy more physical asset.
Alausa Network Limited
Alausa Network Limited’s distribution network comprises under ground medium voltage cable in both radial and ring circuits; step down transformers and Ring Main Unit (RMU). The details of the items are below
The type of cable for the network is copper single Wire Armoured (SWA), XPLE insulated, medium voltage (11kV), single or multi-core manufactured to IEC standard. The insulation material (XLPE) of the cable is robust enough to withstand the harsh environment it will be subjected to.
The Ring Main Unit (RMU) is Sf6 insulated with electronic protection that will ensure protection coordination with up or down stream devices. It will have extensible capability.
The Step down transformers is oil immersed, the cooling system is Oil Natural Air Natural (ONAN), off-load tap changers.
The network will be expanded to 11,640 meters during the expansion stage of the power plant.
Alausa Power Limited
Elektron owns Alausa Power Limited (“ALPL”), a special purpose vehicle that operates a leading 10.6MW IPP in Lagos State