According to the Federal Government, the African continent should be free to define and create strategies for its transformation agenda based on its requirements rather than copying the global energy transfer model.
This was said by Mr. Gabriel Aduda, the Permanent Secretary of the Ministry of Petroleum Resources, during the recent Offshore Technology Conference Africa Energy Delegation meeting in Houston, Texas, United States of America.
According to Aduda, Africa could only commit to more environmentally friendly methods of extraction and production if fossil fuels were to be essential for many years to come.
“We must also be careful not to create a new problem while attempting to address an existing one,” he continued, “since pursuing a renewable energy agenda would involve increasing mining operations for materials like nickel, cobalt, lithium, and aluminum, among others. To produce the solar panels and wind turbines needed for renewable energy, we need to ensure greener methods of mining the minerals.
In the aftermath of the continuing shift to a more sustainable and resilient energy system, he claimed that energy businesses doing business on the African continent faced a distinct set of difficulties.
He said the difficulties included:
- Managing the rising energy demand.
- Minimizing their activities’ carbon imprint.
- Adjusting to the consequences of climate change.
He added that energy corporations are creating resilience and sustainability strategies to address these issues to ensure the long-term profitability of their operations while reducing their environmental effect.
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To lessen their dependency on fossil fuels and minimize their carbon footprint, energy businesses were, according to Aduda, spending more and more on renewable energy sources like wind, solar, and hydropower.
According to Aduda, addressing the African energy market’s specific issues through collaboration was crucial to creating a more robust and sustainable energy system that might foster regional economic growth.
