Construction of the 435 Mega Volt-Amp (MVA) capacity Kasoa Bulk Supply Point (BSP) project, and the associated interconnecting circuits, has been completed, and inauguration comes with the expectation of bringing an end to power supply challenges in parts of the Central Region.
The US$50million power project - the second-largest in...
The Sustainable Development Goals (SDGs), also known as the Global Goals, were adopted by the United Nations in 2015 as a universal call to action to end poverty, protect the planet, and ensure that by 2030 all people enjoy peace and prosperity.
The Global Goals are a collection of 17...
Nuclear power could offer electricity consumers much cheaper and reliable power to support industrial and economic growth, says Nuclear Power Ghana (NPG).
Globally, nuclear energy’s average cost of 0.4 euro ¢/kWh in 2021, same as hydro, was only bettered by wind at 0.1 – 0.2 ¢/kWh, according to the World...
The Institute of Energy Security (IES) is projecting a rise in price of Gasoline (Petrol) ranging from 5% to 9% over current price with some form of stability in the prices of Gasoil (Diesel) and liquefied petroleum gas (LPG) beginning June 2022.
The 5.49 and 4.13 percentage drops in the...
appropriate technology needed to deal with energy supply threat
A major concern that has been raised by many Energy experts and policy-makers on the nation’s Electricity Supply Plan is the eminent electricity challenges and the need for an alternative sustainable base-load supply.
Energy experts studying the electricity supply...
ZEN Petroleum, a wholly Ghanaian-owned Oil Marketing Company (OMC), has been named one of the 75 Fastest Growing Companies in Africa for 2022.
The inaugural Financial Times (FT) annual ranking, which ranked ZEN Petroleum in 28th position among Africa’s Fastest-Growing Companies, provides a snapshot of the corporate landscape on a...
The Electricity Company of Ghana (ECG) owes Independent Power Producers (IPPs) some US$900million for power bought.
The arrears, accumulated between 2021 and this year according to the Chamber of Independent Power Producers, Distributors and Bulk Consumers (CIPDiB), are causing IPPs to record huge forex and interest losses.
“The problem is that...
Electricity consumers could soon pay more to keep their lights on, as players in the sector demand significant tariff hikes.
Players including the Electricity Company of Ghana (ECG), Ghana Gas Company and Ghana Grid Company Limited (GRIDCo) are all demanding tariff increases of 148 percent, 72 percent and 48 percent...
The Volta River Authority (VRA) has pledged to put innovation at the forefront of its operations, as part of efforts to remain the leading choice for power supply.
“There is competition locally, and the policy and regulatory environment is adapting rapidly to the global energy trends.
“These are cumulatively re-defining our...
Investments into local gas resources could be severely affected by overreliance on imported gas, says the Africa Centre for Energy Policy (ACEP).
It said local gas remains the most competitive option to unlock many benefits for the country, but added that high dependence on imports poses a real threat to...