Adopt renewables to address power crises – IES boss

On March 18, 2024, 5:56 AM

The Executive Director of the Institute for Energy Security (IES), Nana Amoasi VII, is asking the government to prioritize investments in renewable energy sources.

According to him, energy sources such as solar and wind are good alternatives amidst the ongoing power crisis.

Intermittent power cuts have saddled the country, causing disruptions in daily life for businesses and individuals. particularly in the capital city of Accra.

The IES boss highlighted the affordability and reliability of renewable energy sources compared to traditional fuel sources, emphasizing the success of industries in Ghana that have transitioned to renewable sources.

Nana Amoasi VII cited companies like Kasapreko as an example of a business thriving with renewable solar energy and storage backup systems.

“It makes sense for us to consider other sources. Unfortunately, you can’t rely on them during peak hours. So if you have very good storage, then of course you can do more of the renewables. But you and I can choose to migrate. Because there are other players like Kasapreko and other industries relying on renewable solar, and it is doing very good for them.”

“They have storage backups. If we are not careful, one day, if the cost incurred in using the normal grid becomes too high, a lot of people will migrate to solar and potentially wind because technology is helping that domain to reduce cost. The government must also consider investing in that one as well; it may help us,” he said on Citi TV on Saturday, March 16.