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
-
Prof. Nana Aba Appiah Amfo re-appointed as Vice-Chancellor of the University of Ghana
32 seconds -
German police probe market attack security and warnings
49 seconds -
Grief and anger in Magdeburg after Christmas market attack
2 minutes -
Baltasar Coin becomes first Ghanaian meme coin to hit DEX Screener at $100K market cap
52 minutes -
EC blames re-collation of disputed results on widespread lawlessness by party supporters
1 hour -
Top 20 Ghanaian songs released in 2024
1 hour -
Beating Messi’s Inter Miami to MLS Cup feels amazing – Joseph Paintsil
2 hours -
NDC administration will reverse all ‘last-minute’ gov’t employee promotions – Asiedu Nketiah
2 hours -
Kudus sights ‘authority and kingship’ for elephant stool celebration
2 hours -
We’ll embrace cutting-edge technologies to address emerging healthcare needs – Prof. Antwi-Kusi
2 hours -
Nana Aba Anamoah, Cwesi Oteng special guests for Philip Nai and Friends’ charity event
3 hours -
Environmental protection officers receive training on how to tackle climate change
3 hours -
CLOGSAG vows to resist partisan appointments in Civil, Local Government Service
4 hours -
Peasant Farmers Association welcomes Mahama’s move to rename Agric Ministry
4 hours -
NDC grateful to chiefs, people of Bono Region -Asiedu Nketia
4 hours