Switching to gas, Cenpower to save Ghana cash

Ghana’s Cenpower Generation has committed to switching its primary fuel consumption from light crude oil to natural gas.

Ghana National Petroleum Corp. (GNPC) has agreed to supply the gas and supplies are expected to start by the end of the week. Cenpower’s switch to gas will cut its cost of generation, with savings being passed on to Ghana.

The government has said it may save up to $3 billion over the remaining term of the power purchase agreement (PPA), which will run for 19 years. Cenpower provides around 10% of Ghana’s total generation. Switching to gas will save money and will also have environment benefits.

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Source: EnergyVoice

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