Shell Nigeria Plc has stated that it would work with the Nigerian government to use renewable energy sources to supply millions of people with electricity.
According to The Punch, energy sources encompass natural replenishment sources such as water, wind, and solar energy. Unlike non-renewable energy sources, which are limited and pollute the environment, such as coal, oil, and natural gas, renewable energy is not depleted.
Shell promised to provide Nigerians with off-grid electricity from renewable sources, particularly in places that are not wired into the national grid.
Speaking during a ministerial panel discussion on “Navigating the New Energy World Order: Security, Transition, and Finance,” at the 7th Nigerian International Energy Summit in Abuja, the managing director of Shell Petroleum Development Company of Nigeria Limited and country chair of Shell Companies in Nigeria, Mr. Osagie Okunbor, disclosed this information.
According to Shell, a “all-encompassing approach that addresses efficiencies in the development of conventional energy sources, which Africa has abundance of, and will depend on for now and in the nearest future,” is needed to help Africa realise the potential of the energy sector and promote energy security, transition, and economic prosperity.
On behalf of Shell Nigeria Exploration and Production Company Limited, Managing Director, Mrs. Elohor Aiboni, Okunbor pointed out that global alliances and partnerships might facilitate access to cutting-edge technology, best practices, advanced technologies and innovations to optimize operations and drive down emissions.
He mentioned SPDC and SNEPCo’s implementation of the Oil and Gas Methane Partnership, which he claimed facilitated the monitoring and reduction of methane emissions from their activities.
He stated that “energy security, transition, and finance are at the heart of the dilemma that the world and senior executives in the energy sector are grappling with,” emphasizing that “every country, and especially emerging economies like those in Africa, need secure and uninterrupted access to energy at a price that is affordable.”
Speaking about Shell’s “longstanding presence” in several nations, including Nigeria, Egypt, Namibia, Ghana, South Africa, and Tunisia, Okunbor discussed the company’s contribution to the growth of the energy industry in Africa.
He used Nigeria as an example, where Shell is collaborating closely with the government, industry partners, and other interested parties to build Nigerian content, use petrol as a transition fuel, and install renewable energy sources to provide millions of homes with off-grid electricity.
“In general, we are witnessing noteworthy advancements in cooperation and increased prospects in the future,” stated Okunbor.
