4 Nov 2013

Private investors encouraged to boost PNG's renewable energy

6:25 am on 4 November 2013

The Papua New Guinea deputy opposition leader wants the government to encourage private investors to develop renewable power plants to solve the country's energy woes.

PNG regularly has power outages - most recently, last month, they were reportedly due to flooding at the Ramu hydro site.

But Sam Basil says there is a need for a comprehensive plan to cope with demand that will increase exponentially.

He says the country should make use of its renewable resources.

"It is now time that the Papua New Guinea government should invest in a lot of hydro schemes, and geothermal. I think the potential is there. If the government is worried about spending its own money the investors are there. All they need to do is create some consistency - talk to the landowners, make some agreements and the landowners will be there with open arms for any investors who would come in."

Sam Basil.

Meanwhile the Prime Minister, Peter O'Neill, says that from next year, when the Exxon liquified natural gas pipeline comes on stream, some of that gas will be used to produce power in PNG, starting with Port Moresby.