The Institute for Energy Policies and Research (INSTEPR) has called on the Ministry of Finance to, as a matter of urgency, give accounts to Ghanaians on the GH¢1.26 billion accrued from the Price Stabilization and Recovery Levy (PSRL) since 2015.
The energy sector Civil Society organisation queries come after President...
Government is committed to supporting the Volta River Authority (VRA) and Bui Power Authority, both state-owned, to reach their full renewable energy (RE) potential, Minister of Energy, Dr. Matthew Opoku Prempeh, has said.
The VRA, the country’s largest power generation company which accounts for about 48 percent production, is diversifying...
Today many areas of the planet are experiencing what is described as energy poverty, the condition in which people are unable to ensure the adequate heating (or cooling) of their homes. At the same time, they don’t have an adequate supply of energy for domestic uses.
In its recent report in October 2020,...
The announcement came rather inconspicuously but there was no ambiguity about it. When the time came to get someone competent to captain Ghana’s electricity power transmitter, Ghana Grid Company Limited (GRIDCo), Engineer Ebenezer Kofi Essienyi was settled on as the Chief Executive Officer.
The news splashed all over the electronic...
President Nana Akufo-Addo has given go ahead to the National Petroleum Authority (NPA) to exempt consumers of petrol, diesel and liquefied petroleum gas (LPG) from paying levies on the three products.
The move will see consumers pay zero levies on the products for a two month period, and is to...
The newly appointed Chief Executive Officer (CEO) of Bui Power Authority (BPA), Mr. Samuel Kofi Dzamesi, together with senior officials of the Authority on Wednesday, September 29, 2021, paid a courtesy call on the Chief Executive (CE) of the Ghana Grid Company Limited (GRIDCo), Ing. Ebenezer Essienyi at GRIDCo...
as regulations and policies stifle solar power dev’t
Unfriendly regulations and policies initiated by the government are stifling the growth of the solar energy industry, thereby making the country lag behind in the renewable energy drive, Secretary to the Association of Ghana Solar Industries (AGSI), Agyenim Boateng, has said.
Currently,...
Ivory Coast President Alassane Ouattara and Eni CEO Claudio Descalzi met last Friday to discuss the progress of Eni's activities in the country, following the giant offshore oil discovery of Baleine 1-X.
As previously reported, Eni in September announced the major oil discovery in block CI-101, in what was the company's...
The socio-economic hardship the global economy has experienced due to the Covid-19 pandemic over the past 18 months has been quite huge and of course devastating. The pandemic has brought in its wake massive job losses, supply chain disruptions, business collapse, revenue decline and disinvestments; aside the huge death...
Undoubtedly, a number of Russian companies have largely underperformed in Africa, which experts described as primarily due to multiple reasons. Most often, Russian investors strike important investment niches that still require long-term strategies and adequate country study. Grappling with reality, there are many investment challenges including official bureaucracy and...