Gaseous Fuel
Onction energy’s interest in the gas value chain cuts across Upstream operations to every day consumer uses:
Investment in contiguous Gas pipelines and Midstream gas processing facilities.
Providing gas for Embedded Power generation in commercial centers.
Retail gas - Cleaner transport initiative to convert 10,000 vehicles from petrol and diesel engine to cog BI-fuel models.
Renewables
Solar – Partner the government and DFIs (such as Rural Electrification Agency (REA), GIZ and Power Africa) in implementing projects that encourage access to electricity especially through mini-grid solar development initiatives.
Wind – Contribute towards research work for Wind Data (in collaboration with IOCs & the Nigerian Metrological Agency(NIMET)) to provide Support for pioneer offshore wind farm investors and projects in Nigeria.
Biomass – Inspire biomass research projects particularly Biodeisel and Biogas production (In collaboration with Universities and Research institutes) and support waste to power initiatives in Nigeria (provide basic recycle infrastructure).
Partnership with established Hydro Power plants which make up 25% of Nigeria’s power Grid to establish Electric Vehicle charging infrastructure – Super fast charging stations and accessories.
Advocacy - provide policy support and advocacy with government for Low
carbon alternatives for power generation, industries and transportation
Net Zero by 2050
Onction energy’s interest in the gas value chain cuts across Upstream operations to every day consumer use:
Transition to a Carbon Neutral company by 2050.
Prioritize Cleaner and more efficient Technology for lower CO2 emissions.
Policy advocacy for SDG-7 & COP-21 agreements amongst industry and political leaders.
Trading Carbon Credits - Propose Energy Tax and Carbon pricing fro the energy sector in Nigeria.
Worldwide Footprint
Leading sustainable energy transformation from Africa.
Developing and deploying innovative technologies and business models
Expanding your geographic reach and diversifying your portfolio to serve different energy needs and preferences.
