Power: Electricity
Power: Electricity
It is the energy foundation for modern economies and modern ways of life. For us, generating power is also about generating economic growth and quality of life. As we actively and strategically broadens its scope of services, becoming a major player in the power industry is a natural conclusion.
The industry itself is ever-changing, with recent work focused on ensuring stakeholders receive a fair financial reward for their investment into one OUR SERVICES In Nigeria alone, 80% of total energy consumption for lighting and cooking is in the form of biomass, combustibles, waste and other renewable fuels. If made available and affordable, this translates to a huge potential residential and commercial market for the electricity to light and power homes and businesses.
One of our main exploration targets, the Niger Delta basin, may contain as much natural gas as any reserve ever discovered. Tapping this reserve will provide us with abundant resources to not only sell directly, but also to fuel our electrical generation plants.
In the past, power supplies across the continent have been disrupted by both human action and natural disaster: much of the country has the prospect of high growth, but has secured only low investment in the past; some poorly developed African markets have suffered due to price shocks stemming from other producing countries; conflict in some areas has had a physically disruptive effect on supply; and drought has seen areas of East Africa suffer.
Together we can establish a reliable fuel supply that is wholly African, insulating the continent from disruption abroad. We can create an infrastructure that spans developed and developing nations alike, giving residents access to a consistent and reliable power supply wherever SourceSansPro-Blackthey may be. We can ensure that the vast reserves available to Africa are developed in full, ensuring the future prosperity of all African nations.