Saturday, April 22, 2017

Khan: Electricity costs still the cheapest in the region *

ENERGY RECEPTION: Energy Minister Franklin Khan, left, speaks to Dr Betsy Bandy from the Ministry of Sciences in Jamaica and Cletus Springer, director of Sustainable Development of the OAS at a cocktail reception hosted by Ambassador of Chile Fernando Schmidt, on the occasion of the Second Preparatory Meeting of the 2017 Energy and Climate Partnership of the Americas (ECPA) Third Ministerial, Ellerslie Park, St Clair on Wednesday night. —Photo: CURTIS CHASE


 

TRINIDAD and Tobago will continue to have the region's cheapest electricity costs, and the subsidy will not be removed until the discount it affords consumers can be supplanted by renewable energy, Energy Minister Franklin Khan has said.

During a reception at Chilean Ambassador Fernando Schmidt's residence in Ellerslie Park, Port of Spain Wednesday evening, Khan told the Express “the fossil fuel curse” meant “that we turned a blind eye to renewables, but the world has changed. Every nation has to contribute to reducing greenhouse gases.”

The National Gas Company is owed $3.5 billion by electricity provider T&TEC, a Public Accounts Enterprises Committee was told in Parliament on Wednesday.

On Wednesday evening Khan reiterated Government's goal to satisfy at least ten per cent of T&T's energy needs with renewable sources by 2021.

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