Gambian delegation in Ghana to study implementation of Ghana’s Energy Efficiency Regulation
By Dominic Hlordzi A nine-member delegation of the Public Utilities Regulatory Authority and other State institutions from the Gambia is in Ghana on a study tour. The members are seeking to tap into Ghana’s experience with innovative financial mechanisms to promote energy efficiency and adoption of climate-friendly refrigerating appliances and air conditioners. The study tour […]
Expanding access to sustainable energy in Tanzania: BII, Meridiam to provide $15m to Rift Valley Energy
British International Investment (BII), the UK’s development finance institution (DFI) and impact investor, has signed an agreement to provide $15m with the potential to increase this to $25m, to renewable energy platform Rift Valley Energy (RVE), owned and managed by Meridiam. The funding will support part of RVE’s ambitious investment and development plan for future […]
IEA’s Dr. Kwakye insists Ghana’s lithium should remain in the soil until best deal is reached
By: Franklin ASARE-DONKOH The Director of Research at the Institute of Economic Affairs (IEA), Dr. John Kwakye, is insisting that Ghana’s lithium should remain in the belly of the soil until the best of exploration negotiations are reached. His caution comes on the back of the assurance by the Lands and Natural Resources Minister that […]
Ghana makes headway in national energy policy
By Oforiwa Darko While the effects of climate change will be felt universally, as the Intergovernmental Panel on Climate Change (IPCC) makes clear, these trends are hurting the world’s most vulnerable populations first and hardest. Nevertheless, achieving the goals of the Paris Agreement requires transitioning to a net-zero economy. While this is an essential task […]
Ghana committed to clean energy- Minister
Dr. Matthew Opoku Prempeh, Energy Minister, says Ghana is taking the necessary steps to gradually switch from the use of fossil fuels to carbon-free and renewable energy sources. Already, the country is undertaking major initiatives, including targeting a 10 per cent integration of renewable energy into its energy mix by 2030 and developing an energy […]
ACEP questions $750 million extension deal with AKSA Plant
By Mabel Annang The Africa Centre for Energy Policy (ACEP) has questioned government’s decision to extend its contract with AKSA Plant with a 15-year extension. The AKSA power plant, which ACEP says is over-aged, has earned the company an estimated 700 million dollars for capital recovery and fixed operation and maintenance while delivering an average […]
Ghana settles on preferred site for first nuclear power plant
Ghana has settled on a preferred site and backup for the country’s first nuclear power plant. However, the location is yet to be made known. The selection of the site, an important step in the second phase of the country’s nuclear power Programme, precedes the selection of a vendor to construct the plant. This was […]
COP27: Key decisions reached on Energy
By: Dominic Hlordzi Strategic consensus have been reached by participants at COP27 in Egypt. Key decisions on energy have been taken. Dominic Hlordzi takes a look at some of the energy related highlights in this report.At the Sharm el-Sheikh Climate Change Conference (COP 27), countries came together to take action towards achieving the world’s collective […]
Identify emerging technologies to ameliorate energy scarcity- VRA
Story: Mabel Adorkor Ananng The Volta River Authority (VRA), says there is a need to identify emerging technologies to address energy scarcity in Africa. Speaking at the 2022 Energy Africa Conference in Accra, the Adviser to the Chief Executive of VRA, Dr. Stella Agyenim-Boateng, called on governments and potential investors to invest in the energy […]