Energy Minister, Peter Amewu says government has placed a moratorium on the signing of new renewable energy agreements.
This was after government discovered that the previous administration signed too many unnecessary deals.
Addressing the media after Parliament proceedings Thursday, Mr Amewu said the deals signed by the previous government were at a higher price, therefore, government needs to re-negotiate to reduce the amount.
“The renewable energy renewable that was signed between 2015 and 2016, was 2,665 megawatts at a price of 31cents per kilowatts.
“And they were completely unnecessary because people [citizens] were going to pay higher,” he stated.
“But we [government] do not want to entertain this higher renewable that is why we have placed a complete moratorium on the renewable.”
He further stated that the Akufo-Addo administration supports the use of renewable energy, however, it would prefer citizens to pay a fair price for the commodity.
“It isn’t that we [government] are anti-renewable. Today, President Akufo-Addo has directed that the Jubilee House operate on renewable and it is 70% complete.”
But responding to this, the former Energy Minister, Ernest Kofi Buah said the agreements signed then were by the Electricity Company of Ghana (ECG).
He insisted that no burden has been placed on government.
Latest Stories
-
Residents of Dome-Kwabenya on edge ahead of December elections
16 mins -
Moffy drops new single ‘Wo’, blending culture and modernity
29 mins -
Don’t bring soldiers to polling stations – Martin Kpebu
41 mins -
Ogyeahohuo Yaw Gyebi II retained as President of National House of Chiefs
56 mins -
Embrace ICT to fit in digital world – Ho NYA boss to youth
2 hours -
We don’t want armed soldiers at polling stations – Tanko-Computer
2 hours -
Drama as police corner armed robbers inside locked forex bureau at Lapaz
2 hours -
30% quota for less privileged shows Free SHS is inclusive – Ofosu Nkansah
2 hours -
Nigerian-born conquers childhood hearing loss to become KNUST’s overall best graduating student
2 hours -
ECOWAS Court orders compensation for violations against New Force’s Shalimar Abbiusi
3 hours -
Dreams FC denies allegations of attempting to sign Najeeb Yakubu
4 hours -
Election 2024: ‘Right to free and fair elections non-negotiable’ – Akufo-Addo
4 hours -
Kurt Okraku took out my passport from the U23 squad that travelled to Japan – Najeeb Yakubu alleges
4 hours -
Where hope fails: Ghana’s decaying home for the destitute
4 hours -
NDC Mining Committee for 2024 campaign refutes allegations of recruiting thugs for elections
4 hours