The financial experience of Boakye Agyarko is good for the current state of Ghana’s energy challenges—this is a verdict from the African Center for Energy Policy (ACEP) on the nomination of Mr. Agyarko for the position of Energy Minster by President Nana Akufo-Addo. Mr. Agyarko is described as a successful banker, having worked as a … Read more
Your job is revered but unenviable. The task ahead of you is daunting because you have inherited a slow moving, indebted and jobless economy. In October 2013, the UK-based Economist Intelligence Unit (EIU) described Ghana’s fiscal state as a “mess”. Rating agencies agreed and responded with Ghana’s sovereign credit downgrades. It has since become “messier” … Read more
The financial experience of Boakye Agyarko is good for the current state of Ghana’s energy challenges—this is a verdict from the African Center for Energy Policy (ACEP) on the nomination of Mr. Agyarko for the position of Energy Minster by President Nana Akufo-Addo. Mr. Agyarko is described as a successful banker, having worked as a … Read more
African Center for Energy Policy has warned that Ghana may face power crisis by next month. According to ACEP, the danger the power sector will face could be attributed to a potential disruption in gas supply and the shutting down of Floating Production Storage and Offloading (FPSO) for maintenance. In an exclusive interview with GhanaWeb, … Read more
The Member of Parliament-elect for the Shama Constituency in the Western Region, Ato Panford, has justified calls on the incoming government to relocate the Head office of the Ghana National petroleum Commission (GNPC) to the region. Mr. Panford, an industrialist, and a former Vice President of the Association of Ghana Industries (AGI), He argues that, … Read more
The Ministry of Power is convinced that a possible cut in gas supply in the country won’t adversely affect the production of electricity. According to the Deputy Minister of Power, John Jinapor, the country’s power producers can rely on crude oil to power the various power plants to adequately serve the energy needs of Ghanaians … Read more
The Ministry of Power is convinced that a possible cut in gas supply in the country won’t adversely affect the production of electricity. According to the Deputy Minister of Power, John Jinapor, the country’s power producers can rely on crude oil to power the various power plants to adequately serve the energy needs of Ghanaians … Read more
Outgoing deputy Energy minister John Jinapor has downplayed fears that the dreadful energy crisis will befall the nation again next year. According to him, the Mahama-led administration has put in place adequate measures to ensure that Ghana does not return to the power crisis again. The African Center for Energy Policy (ACEP) has warned that … Read more
The African Center for Energy Policy (ACEP) has warned that Ghana may face power crisis by next year. The caution was contained in a report released by the group. According to ACEP, the danger the power sector faces in 2017 could be attributed to a potential disruption in gas supply. The report, which was titled … Read more
The African Center for Energy Policy (ACEP) has warned that Ghana may face power crisis by next year. The caution was contained in a report released by the group. According to ACEP, the danger the power sector faces in 2017 could be attributed to a potential disruption in gas supply. The report, which was titled … Read more
The African Center for Energy Policy(ACEP) has urged government to review existing Power Purchase Agreement with companies holding Power Purchase contracts with the Electricity Company of Ghana. According ACEP, it is imperative for government to pull out of some of the agreements since most of the companies have not yet secured funds for the projects … Read more
The African Center for Energy Policy(ACEP) has urged government to review existing Power Purchase Agreement with companies holding Power Purchase contracts with the Electricity Company of Ghana. According ACEP, it is imperative for government to pull out of some of the agreements since most of the companies have not yet secured funds for the projects … Read more
The Volta River Authority (VRA) in collaboration with a Chinese company, Shenzhen Energy Group Company Limited (SEC) is preparing to set up two 350 MW supercritical coal-fired generating plants at the cost of US$1.5 billion at Ekumfi Aboano, in the Ekumfi District of the Central Region. After a public announcement of the intent by the … Read more
The African Center for Energy Policy (ACEP) has commended the National Petroleum in Authority (NPA) for preliminary steps taken to improve the fuel standards in the country although it is calling for a stricter standard. Last month, major oil marketing companies were exposed as flooding the country with toxic diesel. The Authority on Monday revised … Read more
Selling ourselves into 21st Century slavery; the regrettable story of ECG “WE HAD TRADED IN THE MARKET COMPETITIVELY PERFECT TILL YOU CAME, …AND CUT OUR RIBS, DRIED OUR COWS.” -(“EXPELLED” by Jared Angira, Kenyan Poet) A commonly accepted thesis is that the scramble for Africa from about 1885 until the beginning of World War I … Read more
Consumers of petroleum products will have to stomach the burden of paying the Tema Oil Refinery (TOR) Debt Recovery Levy for at least another 10 years as debt owed by the country’s sole oil refinery reaches its peak, Kwame Awuah-Darko, Managing Director of TOR has said. The notice of the TOR boss, which is expected … Read more
The Electricity Company of Ghana (ECG) cannot currently account for more than 69,000 electricity meters believed to have been distributed through political influence. The Ashanti regional ECG Public Relations Manager, Erasmus Kyere-Baidoo complained that the company loses revenue because it is unable to identify and bill such consumers for the power they consume. He told … Read more