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Higher tariffs will make renewable energy solutions market-competitive.
- Despite huge gas deposits and electrical terminals, communities in Edo state remain underserved.
The Edo State Governor, Mr Godwin Obaseki, has stated the need for increased investment in renewable energy to provide an alternative solution to the country’s energy deficit. The Governor made this known during an interactive session with the Minister of State for Power, Mr Goddy Agba and members of Edo Solar Engineers and Installers in Benin City.
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Mr Obaseki through a statement signed by the Special Adviser, Media, to the Edo State Government, Crusoe Osagie, noted that with tariffs likely to go up, renewable energy solutions would become increasingly market-competitive; hence increased consideration should be given to them.
He noted that despite Edo state having huge gas potentials and an abundance of electrical terminals, most residents are underserved. Mr Obaseki states that the state government is willing to partner with the Federal Government and the Rural Electrification Agency to ensure that clean energy services are provided to the state’s people.