Energy experts at the Africa Energy Conference 2022 have advised the African Continent Free Trade Area (AfCFTA) members to come together in order to create a competitive front in nuclear power, which has become the new energy wave for industrialisation. Speaking on the theme ‘Sustainability and the Role of Nuclear...
Energy experts are pushing for consideration of nuclear in the energy mix of countries across the African continent, as energy transition takes centre-stage in the efforts to address fast-occurring global climatic changes. Ghana, for instance, has committed to achieving net zero carbon emissions by 2070 while pursuing other steps to...
Energy sector experts at the Africa Energy Conference (AEC) have maintained that decisions on the selection of energy mix for Africa’s industrialisation must be based on available power generation resources to ensure sustainability. According to the experts drawn from different countries, Africa must first set its parameters which classify what...
The Volta River Authority (VRA) has successfully turned around the company’s fortunes after six years of recording losses, as it made profit of GH¢112.76million in 2021 - with management poised to keep up the momentum. This is the second year running that the Authority, the country’s largest power producer, has...
Energy economists have made a strong case that it is time for Africa to own its resources and determine their use for the benefit of its citizenry and the continent at large. The experts also argued that the continent must develop a holistic approach toward harnessing resources, especially in the...
Ghana faces a real risk of stranded multi-billion oil and gas assets due to reduced funding for fossil-related projects, as the world transitions to cleaner energy sources, Minister of Energy Dr. Matthew Opoku Prempeh has said. In a speech delivered on his behalf by his deputy Andrew Kofi Egyapa Mercer,...
If Africa is to avoid missing out on gains from the imminent transition toward more sustainable sources of fuel, its key stakeholders must develop and implement an energy plan that takes into consideration the continent’s peculiarities while working toward funding the transition from domestic sources. This is the consensus of...
Energy economists have made a strong case that it is time Africa owns its resources and determines their use for the benefit of the citizenry and the continent at large. The experts also argued that the continent must develop a holistic approach towards harnessing resources, especially in the energy sector,...
The Chief Executive Officer (CEO) of the Business and Financial Times (B&FT), Dr. Godwin Acquaye, has called the acceleration of investments in technology, innovations, policies and regulations to speed up Africa’s renewable energy revolution. “As the world races to meet the Sustainable Development Goals (SDGs) come 2030, there is an...
One of the continent’s most anticipated and biggest energy conference, the Africa Energy Conference, starts today at the Kempinski Gold Coast Hotel in Accra. The maiden edition focuses on highlighting the infrastructure gap, financing options and energy transition opportunities in the Africa energy sector and will be held under the...