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...
Ten State-owned Enterprises (SOEs) operating in the energy space recorded cumulative losses of GH¢9billion within three years. The sector’s SOEs recorded losses of GH¢3.7billion in 2018, GH¢2.9billion in 2019 and GH¢2.5billion in 2020 - with Electricity Company of Ghana (ECG), Tema Oil Refinery, Valco and Northern Electricity Distribution Company among...
Daystar Power, the leading provider of solar power solutions to West Africa’s industrial manufacturers, announced that it has installed a 1.6 MW solar plant for Ghandour Cosmetic to power its operations with solar energy. It is the largest solar installation for a cosmetics company in Ghana. The company is the...
as US$10m electronic procurement platform ignored Research by education and policy think tank, IMANI, in collaboration with Africa Centre for Energy Policy (ACEP), has revealed that non-compliance to procurement regulations among public institutions is very high, a situation identified to be hurting the public purse. According to the report,...
Renowned energy industry thought leader and Honorary Professor of The Academic Union, Oxford, Prof Hugh Aryee says Hanergy Global is redefining sustainable energy supply and consumption while creating game-changing cost and energy saving electronic solutions for consumers. According to the company’s Chief Operations Officer, Hanergy has introduced several innovative products...
Technical and commercial losses of about GH¢3.2billion are threatening the future of state-owned power utility, Electricity Company of Ghana (ECG) and the electricity value chain, says Energy Minister Dr. Matthew Opoku Prempeh. The company’s losses in current exchange terms amounts to over US$400million and stem from power theft, malfunctioning metres,...
High global crude oil prices saw the country record an 18 percent rise in petroleum revenues, despite production falling by same 18 percent last year. Total 2021 annual crude oil production declined from 66,926,806 barrels in 2020 to 55,050,391 barrels, according to data from Public Interest and Accountability Committee (PIAC)....
The Deputy Minister of Energy, Dr. Mohammed Amin Adams, has indicated that government is keenly observing possibilities of integrating the West African Gas Pipeline (WAGP) with the Tema liquefied natural gas (LNG) terminal to increase flexibility in the gas supply mix, and boost security. According to the minister, the completion...
All countries have a vital role and interest in avoiding catastrophic climate impacts and safeguarding a liveable planet. Like the citizens of most developing countries, Ghanaians are increasingly affected by climate change, despite bearing little responsibility for the emissions which have caused it. At the COP26 climate conference last year, governments reaffirmed its...
The Energy Commission has organised a forum to educate local government assembly members within the Sagnerigu Municipality of the Northern Region about the newly introduced electrical wiring regulations and guidelines in a bid to safeguard lives and properties. The Electrical Wiring Regulations 2011, (L.I. 2008) was passed by Parliament into...