Energy is essential to quality of life for billions of people. It lights, heats and cools homes and businesses. It transports and connects people, goods and services. It goes hand-in-hand with economic activity, enabling opportunities for a growing population seeking to improve its quality of life. It is central to economic development.
South Africa is experiencing an unprecedented electricity crisis. We need more reliability in our power supply, which must be cleaner. In order for our country to emerge from the current economic depression we need root and branch transformation of South Africa’s power systems, and a cleaner energy mix. All efforts need to focus on moving us forward to address climate change and lower our emissions in line with the Paris Agreement.
Touchstone Exploration Inc (LON:TXP) is a Canadian-based, international upstream oil and gas company currently active in the Republic of Trinidad and Tobago.