Audio By Carbonatix
The Africa Centre for Energy Policy (ACEP) is challenging government to put out the cost it will incur in fueling the power barges expected in the country in October.
This comes as government served notice to consumers to brace themselves for cost sharing when the barges arrive.
According to government, it will be incurring more cost, and has asked the public to prepare to share the additional cost that will come with generating power from the barges.
At a Biennial Conference of the Ghana Science Association in Tamale, Deputy Power Minister John Jinapor said Ghanaians must accept the reality and embrace full cost recovery.
“These emergency power barges come at a premium; fueling sources are very very expensive…So I just want to appeal to Ghanaians so that when we bring on board this plant all of us must be prepared to shoulder some part of the responsibility in order that we can have sustainable and reliable energy”, Mr Jinapor had said.
Deputy Executive Director of ACEP, Ben Boakye, said government has to put out the figures when the time comes to give consumers a clearer picture of the situation.
“Those of us who are in the industry want to analyse the tariffs and see whether it is fair for the consumer to pay more. So we want to see the minister put out some figures…the fuel they are going to use, how much it will cost per megawatt so that we can analyse and see whether it is worth our money. So we will wait to see what comes up so we will do the analysis and inform Ghanaians”, he said.
He however said government could have gotten a better deal with the power barges.
ACEP maintains that it makes no economic sense to rent the plants for $700 million for five years before taking ownership when the country could have bought them outright for $220 million.
Latest Stories
-
Canada signs landmark LNG energy deal with Germany
3 minutes -
EU fines Temu €200m for allowing sale of illegal products
15 minutes -
Sir David Adjaye breaks silence on vision behind Ghana’s National Cathedral
27 minutes -
Beyond the Party T-Shirt
2 hours -
IGP promotes five police officers over Kwafokrom GOIL robbery arrest
2 hours -
Tragedy at Senchi: Two crushed to death as tipper truck somersaults near market
2 hours -
Government to unveil “The New Economy” Programme in 2027 Budget
2 hours -
GIZ, Zoomlion and Blue Skies launch InnoWaste Project to create jobs and tackle plastic waste in Ghana
2 hours -
‘The emotional journey is difficult, but you don’t stop’ – Antoine Semenyo’s mother on diaspora struggle
3 hours -
‘Football in Ghana is about blood and legacy’ – Antoine Semenyo’s mother urges diaspora parents
3 hours -
QNET, Manchester City bring world-class football coaching to Ghana’s young talent
3 hours -
Emma Ankrah: Between quiet questions and the will to continue
3 hours -
Ghana’s economy shows strong recovery after “inherited crisis” – Ato Forson tells Parliament
3 hours -
No further IMF financial bailout will be required in the foreseeable future – Finance Minister
3 hours -
Learning from Ukraine, Hezbollah is now using fibre-optic drones to hit Israel
3 hours