A technology company, MTN Nigeria, has said that using gas generators allowed it to reduce its energy costs by more than N570 million.
According to The Times, this information was provided in the company’s 2023 climate change report, which also highlighted its investments in clean energy technologies as part of its efforts to cut emissions and aid Nigeria in achieving its 2050–2070 net zero target.
The business revealed that the installation of three 1.1 MW gas generators dramatically decreased greenhouse gas emissions and decreased energy expenses.
The ICT business describes in the report how it is collaborating with a renewable energy Independent Power Producer program to implement a Compressed Natural Gas power plan to deliver both its corporate office, MTN Plaza, and main data center in Ikoyi.
The business added that in order to reduce power usage, motion light sensors have been installed in buildings and switching hubs. It has also erected a 56-kilowatt proof-of-concept solar project, which generates more than 4,000 kilowatt hours of clean electricity each month.
The MTN Group’s Project Zero, which focuses on reducing greenhouse gas emissions across its footprints and boosting operational efficiency, is where the company’s net zero emissions aim, according to MTN Nigeria CEO Karl Toriola, fits in.
In order to offset the emissions that cannot be avoided, he said that the corporation will reduce energy consumption, switch to non-green energy sources, and invest in climate protection projects that have been certified and uphold strict environmental and social criteria.
“More than just connectivity, Nigeria is a priority for us. We are committed to becoming a part of the solution since we are aware of the environmental difficulties that our country is facing.
Our investments in clean energy and infrastructure are not just beneficial to business; they are also crucial to Nigeria’s future, he said.
By creating the platform to set a net zero GHG objective between 2050 and 2070, Nigeria is aiming to achieve low greenhouse gas emissions as well as green and sustainable growth. In the second half of the century, the country wants to achieve net zero as quickly as possible.
According to experts, energy shifting is a labor-intensive process that needs to be deliberated and gradual in order to assure sustainability and ongoing improvement.
In keeping with this, the Nigerian Communication Commission recently declared that it was working to ensure that every stakeholder in the telecom business switched entirely to alternative energy sources.
This information was revealed by the Executive Vice Chairman, Prof. Umar Danbatta, at a roundtable meeting with academics, businesspeople, and other stakeholders in Lagos.
In order to reduce carbon footprint, Danbatta stated that the Commission intended to implement laws that would encourage all telecom operators to embrace clean and sustainable energy sources.