Marathon Oil Lays Off Around 100 Employees In The U.S.

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Houston-based oil and gas company Marathon Oil has laid off around 100 employees in the U.S. or around five per cent of its total workforce. The lay-off of the workers came only two weeks after the oil and gas producer cut salaries of top executives and board members by 25 per cent. The company’s actions were part of its “commitment to continuously optimise our cost structure“. The company had about 2,000 full-time employees worldwide at the end of 2019, according to its latest available employment figures, with 74 per cent working in the United States. Although oil prices have raced back above the pre-pandemic level of $60 per barrel in recent months, producers are focusing on improving balance sheets instead of raising output, as demand forecasts hinge on vaccine rollouts. World oil demand in 2021 will rebound more slowly than previously thought, the Organization of the Petroleum Exporting Countries (OPEC) said on Thursday, adding to a series of downgrades as the impact of the pandemic lingers.

Angola’s Oil And Gas Industry Can Thrive Alongside Its Rich Biodiversity

(By Verner Ayukegba) Last month, reports that Angola was drafting legislation to permit oil, gas and mining activities in 14 national conservation areas, including the Luengue-Luiana National Park, which represents part of the Kavango-Zambezi Transfrontier Conservation Area stretching across Angola, Namibia, Botswana, Zambia and Zimbabwe led to protests by environmentalist groups. Local environmentalists were outraged; likely weary of test drilling that had begun days earlier on the Namibian side of the Okavango Delta, an internationally recognized biodiversity hotspot. On January 21, Angola’s Minister of Mineral Resources, Petroleum and Gas, H.E Diamantino Pedro Azevedo responded, providing clarifications in which he noted that, Angola’s existing stringent environmental legislation would be complied with and the interests of local populations would be safeguarded, as the country holds an upcoming public tender for the assessment of several onshore interior basins. Further clarifications have also been provided by Angola’s industry regulator, the Agência Nacional de Petróleo, Gás e Biocombustíveis (ANPG). “It was necessary to review the legislation on protected areas, but this does not mean the end of biodiversity,” said Minister Azevedo. “There is a need to explore these resources – the solution is balance. We are sensitive to environmental issues, but we are also rational. There are those who, for political interests, defend extreme positions, but it is necessary in politics to be rational.” As sub-Saharan Africa’s second-largest oil producer, Angola has taken one of the most balanced approaches to global Environmental, Social and Governance (ESG) standards in the region when it comes to oil and gas exploration, placing environmental protections and continued hydrocarbon production on equal footing within its constitution and national agenda. Angola’s 2010 constitution in Articles 12 and 24 explicitly outline protection for the environment, providing a basis for the country’s Environmental Framework Act. According to Article 12, The State shall promote the protection and conservation of natural resources guiding the exploitation and use thereof for the benefit of the community as a whole. …and as per Article 24, All citizens shall have the right to live in a healthy and unpolluted environment. The State shall take the requisite measures to protect the environment and national species of flora and fauna throughout the national territory and maintain ecological balance. Acts that damage or directly or indirectly jeopardise conservation of the environment shall be punishable by law. Offshore exploration, especially during the boom years of 2002 to 2008 made Angola one of the most prized destinations for the oil and gas industry globally. Output rose to nearly 2 Million barrels per day, providing Angola with much needed resources for its post-conflict reconstruction and making the country Africa’s second largest oil producer. These boom years, were also only possible, because Angola provided and continues to provide an environmental framework that is second to none globally. It is industry standard, particularly in a country that is home to all major International Oil Companies, that the highest environmental standards are adhered to when companies engage into exploration projects in Angola. Environmental Impact Assessment (EIA) plans mandated by Angola’s regulator (Currently the ANPG), are of the highest industry standards, when compared to other basins like Brazil and Mexico. In Angola, these assessments have to comply with a plethora of decrees and regulations that include mandatory public consultations, environmental auditing, restrictions on biodiversity, water and waste management. It is worth mentioning, that no major environmental disasters were registered, and some of the new technologies and exploration techniques developed in Angola under these stringent regulations were exported to other basins for the betterment of the entire industry. Of the approximate 520,000 km² of sedimentary inner basins of Kassanje and Etosha/Okavango – the two regions in question – only 20% are in protected areas and as little as five percent of protected areas are being considered for responsible exploration and production activities, following the completion of environmental due diligence. Yes – the proposed law will have implications for protected areas. It is intended to further ensure their protection whilst advancing oil and gas activity in the country in a responsible manner and in accordance with Angola’s constitution., The Environmental Impact Assessment (EIA) – carried out in coordination with the Ministry of Culture, Tourism and Environment – aims to ensure that Angola’s rich biodiversity is protected. By identifying and assessing the impact of potential projects on the given ecosystem, as well as presenting appropriate mitigation measures, the EIA serves as a tool for making environmentally informed decisions regarding the division, allocation and development of resource-rich basins. Furthermore, exploration activities will be prioritized in areas outside of environmental protection zones and drilling will only be undertaken if no or minimal impact to the ecosystem is found. It is worth noting that surface samples of crude oil and gas have been already collected in certain parts of the inner basins of Kassanje and Etosha/Okavango, in which there is a high probability that hydrocarbons are present. To deny the acquisition of further geological knowledge of the area not only erodes the basic tenet of resource sovereignty – that each State has the right to know of the existing resources in its territory – but also attempts to make a unilateral decision on behalf of the wider population. The foundation for the draft legislation has been laid in both the National Development Plan 2018-2022 and revised Hydrocarbon Exploration Strategy 2020-2025 – authorized by Presidential Decree 282/20 – which seeks to intensify, research and geologically evaluate concessions and free areas of sedimentary basins. In this respect, Angola’s regulator is ensuring stability and transparency, which lies in stark contrast to other major hydrocarbon producers where regulation is politically driven and does not always ensure environmental considerations. For example, former U.S. President Donald Trump authorized the lease to the Arctic National Wildlife Refuge – 1,790 km² of protected ecosystem in Alaska – two weeks before leaving office, while newly elected President Joe Biden countered with an immediate moratorium on new oil and gas leases on federal land. Angola is seeking to establish a long-term, institutional framework that provides for environmental considerations and ensures that hydrocarbon exploration is executed in a socially responsible manner as it happens, when it happens. Given the growing role of ESG criteria in reducing risk and attracting global investors – coupled with rising pressure on energy firms to “green” their portfolios – oil and gas multinationals and Angola’s National Oil, Gas and Biofuel’s Agency are acutely aware of the implications of fossil fuel investments for both their firms and the country. As a result, the ANPG, under the leadership of industry veteran Paulino Jerónimo, and multinationals have strengthened their commitment to ensure environmental due diligence, conducting impact assessments, implementing stricter environmental preservation measures and preventing or eliminating oil spills, water pollution, carbon emissions and habitat disruption associated with oil and gas drilling. In other words, the decision to develop any acreage will not be taken lightly, nor will Angola pursue any development without taking into consideration local community interests and the environmental impact of such a development.

Ghana: We Need Collective Decision To Save TOR- Dr Opoku Prempeh

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Ghana’s Minister- designate for Energy, Dr. Matthew Opoku Prempeh has expressed that only a collective decision can save the West African country’s only oil refinery, Tema Oil Refinery (TOR) instead of leaving it in the hands of politicians alone. Tema Oil Refinery was built in 1963 with a capacity of 45,000 bpd during the regime of Ghana’s first President, Dr. Kwame Nkrumah. The Osagyefo’s vision for establishing TOR was for reforming and transforming the country’s oil and gas sector to ensure efficiency while meeting the energy demands of Ghana and the sub-region. However, despite Ghana exploiting oil in commercial quantities, the refinery’s bad management, under successive governments, has left the refinery in a poor state, leaving over 900 workforce living under poor working conditions.
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The Tema District Council of Labour, the umbrella body of workers in Ghana’s industrial city, recently, petitioned the seat of Government to replace the current management with strategic thinkers since the current management has failed. Answering a question from Honourable Patrick Yaw Boamah, a member of the Appointments’ Committee of Parliament on Friday, 12, 2021, on his assessment of TOR and what he would do to change the situation, Dr Matthew Opoku Prempeh, Energy Minister-designate, noted that the refinery’s indebtedness continues to balloon. According to him, there is the need to put people with the right skills to turn things around, as well as a right partner to ensure that the refinery works again.

Ghana: Nuclear Is The Safest, Cleanest-Dr Opoku Prempeh

The Minister–designate for Ghana’s Energy Ministry, Dr Matthew Opoku-Prempeh has backed his country’s decision to introduce nuclear energy into its energy generation mix. In his view, energy from ‘nuclear is the safest and cleanest’ and, therefore, underscored the need for the country to pursue its nuclear power agenda. Ghana’s nuclear power agenda dates back in 1963 when the Ghana Atomic Energy Commission was established with the launch of 2MW research reactor. The decision was, however, suspended until 2008 when a Cabinet decision was taken to include nuclear in the electricity generation mix. Since then, successive governments have shown maximum support and cooperation towards the realisation of this goal. In 2017, the current administration proceeded to establish the Owner/Operator Organisation-Nuclear Power Ghana (NPG) which has been duly registered as a limited liability company for the Nuclear Power Plant. However, Institute for Energy Security IES, an energy think tank in the Republic of Ghana, has opposed the country’s plan to add nuclear energy into the energy mix, citing the cost involved in its construction and time frame. But responding to a question at the Appointments’ Committee of Parliament on Friday, February 12, 2021, Dr. Matthew Opoku Prempeh noted that the country has made progress in its quest towards nuclear power energy addition into the energy mix. He said almost all successive governments have supported the agenda of adding nuclear energy into the energy mix. He explained that the country has got to a state where it would be selecting a vendor, adding that the vendor would decide on the technology to be used. Source: www.energynewsafrica.com

Ghana: There Was No Corruption In PDS Deal–Attorney General Designate

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Ghana’s Minister –designate for Justice and Attorney General, Godfred Yeboah Dame, has refuted claims that there was corruption in the Power Distribution Services (PDS) deal with the Electricity Company of Ghana. According to him, there was actually no basis for the allegations which were peddled by some members of the public to the effect that there was corruption in the whole transaction. “There is actually no basis for the allegations of corruption in this transaction,’’ he said while answering questions before the Appointments’ Committee of Parliament on Friday, February 12, 2021. The Government of Ghana, through ECG and private entity Power Distribution Services (PDS), entered into an agreement for the latter to take over the distribution services business of ECG under the Ghana Power Compact II from March 1, 2019.
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However, the government, in October same year, terminated the transaction on the basis of invalid insurance guarantee issued by Al-Kook, a Dubai-based insurance company to PDS. Responding to the a question from Alexander Afenyo Markins, a panel member and MP for the Ewutu Constituency at the Appointments’ Committee of Parliament, the nominee stated that there was no corruption in the deal, adding that Ghana did not lose anything in the transaction. He commended ECG whose due diligence led to the detection of the invalid demand guarantee. “It was actually the ECG itself …the Board and MD of ECG that ascertained the authenticity of the demand guarantee that had been issued…it was actually the effort of the ECG and it must commended,’’ Mr. Dame said.

Ghana: Akosombo International School Introduces Shift System Over Covid-19 Outbreak

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Ghana’s state largest power generation company, the Volta River Authority (VRA) has introduced a shift system at the Akosombo International School as part of measures to curtail the spread of covid-19 which struck the school. In a statement issued by the Corporate Affairs and External Relations Department of VRA, it said those who tested positive are doing well under the management and treatment by the VRA medical team. The statement added that precautionary measures such as temperature checks, social distancing, hand washing and sanitising would continue to be observed with strict adherence.

Ghana: Energy Minister-Designate Faces Appointments’ Committee Today

The Ministerial nominee for Ghana’s Energy Ministry, Dr Matthew Opoku Prempeh, is expected to appear before the country’s Appointments’ Committee of Parliament Friday afternoon, February 12, 2021, to be vetted on his understanding of the sector. Dr Opoku Prempeh would be grilled on a wide range of issues in the energy sector covering both power and oil and gas (downstream and upstream). Key areas where questions are likely to come from would be on Ghana’s Commitment to the Paris Agreement on Climate Change, Energy Sector Debt, Cylinder Recirculation Model on LPG, Ameri Power Deal, the botched PDS deal, Ghana’s Nuclear Power Programme, the government’s commitment towards rural electrification and universal access to electricity and impact of Covid-19 on operations at the upstream.
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Dr Opoku Prempeh, popularly known as Napo, is a Member of Parliament for South Manhyia Constituency in the Ashanti Region. He is a Medical Doctor and served as a Minister for Education in the first term of H.E Nana Akufo-Addo. In his Facebook post sighted by energynewsafrica.com, Dr Matthew Opoku Prempeh said: “I look forward to an engaging session to discuss both my record as the immediate past Minister for Education and my thoughts and perspectives on various aspects of the energy sector.” Source: www.energynewsafrica.com

Nigeria: Be Ready To Bear Pains Of High Petrol Cost-Sylva To Consumers

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Nigeria’s Minister of State for Petroleum Resources, Chief Timipre Sylva has admonished Nigerians to be ready to bear the pains of increased petrol pump price as crude oil price climbs above $60 per barrel. Speaking at the official launch of Nigerian Upstream Cost Optimisation Program earlier this week, Sylva said with no provision of subsidy in the 2021 budget, Nigerian National Petroleum Corporation, NNPC, cannot continue to bear the cost of under-recovery. Presently, the pump price of petrol ranges from N160 –N165, the price set when crude traded just above $43 per barrel, four months ago. According to the Minister, while government revenue has improved by the rise in crude oil price, it cannot be fretted away in subsidy payment. He said: “Since we are optimizing everything, NNPC needs to also think about the optimization of product cost because as we all know oil prices are where they are today, $60. “As desirable as this is, this has serious consequences as well on product prices. So we want to take the pleasure and we should as a country be ready to take the pain. “Today the NNPC is taking a big hit from this. We all know that there is no provision in the budget for subsidy. “So, somewhere down the line, I believe that the NNPC cannot continue to take this blow. There is no way because there is no provision for it. “As a country, let us take the benefits of the higher crude oil prices and I hope we will also be ready to take a little pain on the side of higher product prices”, he stated. Source:www.energynewsafrica.com

Ghana: Parts Of Accra To Experience Power Cuts From Thursday, February 11

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Ghana’s southern power distribution company, Electricity Company of Ghana (ECG) has served notice that there will be power cuts in parts of Accra beginning Thursday, February 11, to March, 15th, 2021. According to ECG, the planned blackouts are to enable a contractor to commence excavation works to interconnect the Pokuase Bulk Supply Point to the Kanda and Airport substations. A public announced issued by ECG listed the affected areas which include Airport Residential Area, Mamoobi, Accra Girls, ECG Roman Ridge District office, Kotobabi Polyclinic and Alajo. The statement also indicated that the areas will experience a six-hour daily power cut between 10 am and 4 pm for a period of seven days.

Shell Signs Deal To Supply Amazon With Renewable Power

Shell Energy Europe BV (Shell) has signed an agreement with Amazon to provide renewable power from a subsidy-free offshore wind farm being constructed off the coast of The Netherlands. The Amazon-Shell HKN Offshore Wind Project will enable Amazon to power more of its business with clean energy. It will move the company closer to its pledge to become net-zero carbon across its business by 2040 and continue its path to power its operations with 100% renewable energy by 2025 – five years ahead of its 2030 target. Shell’s ambition is to be a net-zero emissions energy business by 2050 or sooner, in step with society.1 The wind farm will be operated by The CrossWind consortium, a joint venture between Shell and Eneco. Starting in 2024, Amazon will offtake 250 megawatts (MW) from Shell and 130 MW from Eneco, for a total of 380 MW. “Supplying Amazon with electricity from this offshore wind farm contributes to their net-zero pledge while progressing our own ambition to be a net-zero emissions business by 2050 or sooner,” said Elisabeth Brinton, Executive Vice President of New Energies at Shell. “We are delighted to continue strengthening our strategic relationship with Amazon Web Services (AWS) across Shell New Energies. Our collaboration is enabling us to continue pushing the boundaries of innovation.” Shell and Amazon have already achieved milestones together. In July 2020, Amazon’s air cargo network secured up to six million gallons of sustainable aviation fuel supplied by Shell Aviation.

South Africa: Eskom Announces Stage 2 Load-Shedding On Tuesday

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South Africa’s power utility company, Eskom has announced that it will implement stage 2 load-shedding from 22:00 on Tuesday 9 February 2021. Load-shedding will continue until 05:00 on Wednesday 10 February, with the power utility stating that rolling blackouts are necessary to restore depleted emergency generation reserves. “Eskom regrets to inform the public that load-shedding will implemented from 22:00 tonight until 05:00 tomorrow morning,” Eskom said. “This load-shedding is necessary in order to preserve and replenish the emergency generation reserves and to maximise the capacity available during the daytime hours.” Eskom said the power generation system remains severely constrained due to high generation unit breakdowns over the past two days, as well as the delay in returning units on planned maintenance to service. The power utility currently has 4,858MW on planned maintenance, while another 14,375MW of capacity is unavailable due to breakdowns and delays. “Eskom expects some of these generation units to return to service from tomorrow and will continuously assess the situation,” it said. “As previously communicated, Eskom continues to implement reliability maintenance during this period, and as such, the system will continue to be constrained, with the risk of load-shedding remaining elevated.” The power utility requested South Africans to use electricity sparingly as the system remains unpredictable and vulnerable. “We will communicate timeously should there be any significant changes to the power system,” Eskom said. Source: www.energynewsafrica.com

Lowering The Vulnerability Of Climate Change Impacts Through Regulations (Opinion)

By: King A. Wellington Globally, governments must be committed to ensuring that countries are adapting to the effects of climate change. Governments may take action either to achieve a more efficient outcome than would otherwise occur, or on distributional grounds, as is the standard approach to policy making. This also means that in designing and implementing policies, programmes and investments, governments must consider the impacts of climate change. It is a general school of thought that for climate change, mitigation measures and adaptation to the changes are the two main approaches that will prevent climate change from happening. This notwithstanding, there are certain key regulatory decisions when taken will help lower the vulnerability of climate change impact. Firstly, there is the need to increase the use of zero or low carbon energy sources (clean energy). Following Denmark’s footsteps to target 2050 as a benchmark year to fully adopt low carbon energy sources is a good start for most countries especially developed nations. This is because clean energy technologies are recognized as sure contributors to climate change mitigation. Clean energy technologies include renewable energy (wind power, solar power, biomass, hydropower, biofuels, geothermal, ocean energy, etc.), energy efficiency, electric vehicles, the use of carbon sinks (carbon capture and storage, and reforestation) and nuclear power. Secondly, afforestation must be prioritized while deforestation must be curtailed or managed using the principles of sustainable forest management. Planting of trees must be encouraged on a broader scale and environmental laws must be enforced. Governments and non-governmental organizations must directly engage in afforestation programs to expand the global forests base. Thirdly, laws that promote Carbon Capture and Storage (CCS) must be enacted. CCS is the process of capturing waste carbon dioxide (CO2) usually from large point sources, such as factories, transporting it to a storage site, and depositing it so it does not escape into the atmosphere. The aim is to prevent the release of large quantities of CO2 into the atmosphere from heavy industry. It is a potential way of mitigating carbon dioxide emissions from industry. Carbon dioxide can be captured directly from the air or from an industrial source (such as power plant flue gas) using a variety of technologies, including absorption, adsorption, chemical looping, membrane gas separation or gas hydrate technologies. Furthermore, the transportation sector must be retooled. There must be regulations to reduce CO2 in the transportation sector. Technical changes must be made and laws enacted to ensure behavioural changes and improvements. This is because it has been reported that the transport sector accounts for 23% of global energy related greenhouse gas (GHG) emissions. Clean transport technologies such as electric vehicles (EVs), battery-electric vehicles (BEVs), plug-in hybrid electric vehicles (PHEVs), and fuel cell electric such as hydrogen vehicles and biofuel vehicles should be encouraged, adopted and used. Additionally, standards and regulations must be developed and implemented across all sectors of the economy. Electricity must be produced from low carbon sources and there must be increased contribution of bio fuels and hydrogen fuel cells obtained from low carbon sources in every aspect of the economy. Also, financial incentives help to lower the vulnerability of climate change impact. This is because financial incentives triggers change of behaviour and equip companies with the needed capital to implement clean energy technologies in their operations. For instance flexible loan schemes can be made available for people and businesses to access to cushion their transition to clean energy. Furthermore, a long-term cooperative arrangement between the public and private sectors that implements climate change mitigation measures throughout its lifespan should be encouraged. Typically, a public private partnership provides better infrastructure solutions, ensures faster project completion and reduces delays in infrastructure projects. It also ensure greater return on investment through innovative design and financing approaches, safeguards a project from potential risks, increases efficiency and ensures high-quality standards for projects. Next, charges and subsidies are also ways to lower the vulnerability of climate change impact. For instance, charging a penalty for importing over aged cars with higher CO2 emission and banning the importation of low efficient fridges and air conditions will help a country to lower its vulnerability of climate change impact. Finally, citizens also play a critical role in lowering the vulnerability of climate change impact in a country. A regulatory decision to ensure that people change their lifestyles such as diet habits, reducing food waste, and modifying consumption patterns, transportation, choosing longer lasting products and being energy efficient will help to lower a country’s carbon footprint.

Siemens Energy To Cut 7,800 Jobs

German Energy group Siemens, which supplies turbines to the power sector, has announced plans to cut 7,800 jobs to counter a drop in demand for new coal-fired energy stations that has also hit rivals General Electric and Mitsubishi Heavy Industries. Siemens Energy last year announced it would no longer bid in tenders to supply turbines to coal-fired power plants, responding to a weakening market as numerous governments around the world are phasing out the polluting fuel. The jobs to be lost represent 8.5% of the company’s workforce. The bulk of the cuts will be implemented by 2023 and incur restructuring costs in a mid- to high-triple-digit million euro range for the fiscal years 2020 to 2023, it said. “The energy market is significantly changing which offers us opportunities but at the same time presents us with great challenges,” Chief Executive Christian Bruch said. “We will undertake these measures in the most socially responsible way possible.” In a sector shaped by fierce rivalry, General Electric filed a lawsuit last month accusing a unit of Siemens Energy of using stolen trade secrets to rig bids for gas turbine contracts. Bruch said Siemens Energy had received the lawsuit, adding it would carefully examine the claims. Cost cuts also helped Siemens Energy, spun off from Siemens AG last year, swing to a net profit of 99 million euros ($119.5 million) in the first quarter of its fiscal year, compared with a loss of 195 million a year ago. By cutting costs, Siemens Energy hopes to reach its 2023 profit target, which foresees a margin on adjusted earnings before interest, tax and amortisation of 6.5%-8.5%. The company also holds a majority stake in Siemens Gamesa, the world’s second-largest wind turbine maker after Denmark’s Vestas, which is benefiting from a global shift towards renewable energy and away from fossil fuels. Source: www.energynewsafrica.com

Ghana: Nuclear Power Plant Is Needed For Reliable Electricity-Energynewsafrica.com Managing Editor

The Managing Editor of energynewsafrica.com, an online portal operated in the Republic of Ghana, West Africa, Mr. Michael Creg Afful is urging Ghanaians not to pay attention to those opposing the country’s quest to introduce nuclear power generation into the energy mix. Many uninformed people have been misinforming others about only the atomic use of nuclear and also claiming that nuclear energy is very expensive and takes time to build as compared to wind and solar power plants. Ghana’s energy sources have been mainly from hydro and thermal with the recent addition of solar and biomass. To ensure energy sustainability, Ghana has decided to join countries like USA, France, China, Russia, Korea, India and Canada which form part of over 20 countries in the world having 449 nuclear reactors. Ghana’s nuclear power agenda dates back in 1963 when the Ghana Atomic Energy Commission was established with the launch of 2MW research reactor. The decision was, however, suspended until 2008 when a Cabinet decision was taken to include nuclear in the electricity generation mix. Since then, successive governments have shown maximum support and cooperation towards the realisation of this goal. In 2017, the current administration proceeded to establish the Owner /Operator Organisation-Nuclear Power Ghana (NPG) which has been duly registered as a limited liability company for the Nuclear Power Plant. Speaking as a panelist on an Accra-based Awake TV show Analyst programme on the prospects of Renewable Energy Sector, Mr. Creg averred that though nuclear energy takes time to build, it is more reliable, cheaper and profitable to developing economies such as Ghana and Africa as a whole contrary to what critics are saying. “Since the issue of Fukushima Daiichi nuclear disaster (2011), the Chernobyl disaster (1986), the Three Mile Island accident (1979), are we saying there had not been research to improve nuclear technological development?” he queried. Mr. Creg Afful, who said he is not an authority on nuclear, went on to cite examples of an article written by a South African-based scientists Dr. Kelvin Kemm and Knox Msebenzi, Managing Director of Nuclear Industry Association of South Africa under the heading ‘Nuclear Power: A sensible and sustainable option for Africa’ to support why nuclear energy has improved South Africa’s economy. He also quoted Eng. Collins Gordon Juma, CEO of Nuclear Power and Energy Agency of Kenya, who recently made a presentation at a symposium organised by the Federation of African Engineering Organizations (FAOE) via zoom, which he participated. He said that nuclear power technology has been used for over 50 years with only three incidents, stressing that there has been improvement in the technology since those three incidents. According to Mr. Creg Afful, Eng. Gordon Juma stated that for Africa to industrialise, it must invest in nuclear power plants since it is more reliable and cheaper. Mr. Creg Afful said the expert extolled the advantages of nuclear power generation as a vehicle to speed Africa’s industrial drive if taken full use of it. “Secondly, the argument people make that it takes time to build a nuclear energy resource is true as compared to solar and thermal plants. But, you know that solar is useful during the day and we cannot build a large solar park without a reliable base load generation source such as nuclear. Look countries like China, USA, Germany, India, Spain, UK, France, Brazil, Canada and Italy which are the top 10 solar and wind power countries have nuclear power plants to support the variable nature of the solar or wind. And it is factual that all these countries with nuclear are industrilised including South Africa. He urged those going about polluting people’s minds that nuclear is dangerous to stop that deception and rather talk about the good sides of it to prospective investors to help grow the African industrial revolution. “Ghana is going to build, I think, about 1000MW of nuclear power plant for a start and to him, it is novel and would help in accelerating Ghana’s industrial aspirations,’’ he said. Mr. Alexander Konadu, CEO of Solar Enablers Ghana who was also a panelist on the show concurred that nuclear power plant is more dependable than other sources of renewable energy. “Nuclear power is more dependable but because of climate change people want to go the easier way,’’ he said. He noted that unlike solar power plant which depends on sunshine during the day nuclear power plant does not arguing that it is all whether. Source: www.energynewsafrica.com