Comprehensive  Ghana Oil and Gas news, information, updates, analysis


News in Brief

Karpower is ‘the cheapest thermal plant’ in Ghana

karpowerKarpower is the cheapest thermal power plant in Ghana currently, the Deputy Minister of Power has said. “Today as I speak Karpower is the cheapest thermal plant in the system.” John Jinapor claimed that is why government is investing in other power barges from the Turkish firm.
He said hydro-power is cheap but since it is not predictable as a result of its dependence on water, it cannot be fully depended upon.
Mr Jinapor lamented how water level in the Akosombo Dam has plummeted to an all-time low, affecting the country’s energy generation capacity. Speaking on Accra-based Citi FM on Monday, July 4, the Deputy Power Minister said government is expecting another 450-megawatt power barge this year. ‘Combined-cycle mode’ Mr Jinapor admitted that the cost of fuel is having a toll on most of the plants.
Therefore, he pointed out, government is converting all the plants into a combined-cycle mode. “When you do that, you reduce your cost of production in terms of your variable cost.” Ghana’s energy generation capacity has reduced in recent times, forcing a loadshedding exercise in some communities. According to the deputy minister, the situation will improve within the week, by July 8 to be precise.

Source: http://3news.com/karpower-is-the-cheapest-thermal-plant-in-ghana/

Profile photo of Editor
Follow Us

Editor

Reporting Oil and Gas project was launched on 4th June 2009atTakoradi, Western Region, Ghana by Penplusbytes (PPB – www.penplusbytes.org) with the vision of providing a one stop online information and knowledge about Ghana’s oil and gas sector
Profile photo of Editor
Follow Us

Share this article

Leave a reply

Personality of the Month
  • Prof. Thomas Mba Akabzaa Chief Director of Ministry of Petroleum          …
Follow Us Online
Join the Discussions

Summary: Revenue mobilization from the oil sector for Agricultural production in Ghana, a myth or reality?

Agriculture, once considered the backbone of Ghana’s economy recorded a reduction of its contribution to GDP from 45% in 1992…

Responses Add your response


About Us
Reporting Oil and Gas project was launched on 4th June 2009 at Takoradi, Western Region, Ghana by Penplusbytes (www.penplusbytes.org) with the vision of providing a one stop online information and knowledge about Ghana’s oil and gas sector read more
Events Calendar
<< Aug 2017 >>
MTWTFSS
31 1 2 3 4 5 6
7 8 9 10 11 12 13
14 15 16 17 18 19 20
21 22 23 24 25 26 27
28 29 30 31 1 2 3
Twitter Activity Stream
 

Partners We are proud to be associated with:

Skip to toolbar