Business
Stanbic executive calls for involvement of financial institutions in wholesale electricity market
Sydney Nii Ayitey Tetteh, Executive Vice President, Energy and Infrastructure at Stanbic Bank Ghana, has emphasized the important role of financial institutions in the soon to be implemented wholesale electricity market. He made this statement at the Electricity Market Conference held at the Volta Residence, Akuse in the Eastern Region. The Electricity Market Conference had […]
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Business
Don’t hang onto industries you can’t maintain and run – Otumfuo to Gov’t
Asantehene, Otumfuo Osei Tutu II, has urged the government to diversify companies it cannot maintain and run efficiently. According to him, there are a number of government companies and entities that are struggling that can do well with private partnerships. He disclosed this during the commissioning of a 430-kilometre natural gas pipeline by Genser Energy […]
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Energy
K1TPP: There’s absolutely nothing wrong with renaming AMERI plants – Energy Analyst
Energy analyst and Executive Director of the Institute for Energy Security (IES), Nana Amoasi VII, has stated that the government did no wrong in renaming the AMERI power plants to Kumasi 1 Thermal Power Plant (K1TPP). He said the renaming of the Africa and Middle East Resource Investment (AMERI) plants to Kumasi 1 Thermal Power […]
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Energy
Akufo-Addo to recommission AMERI power plants commissioned under Mahama – John Jinapor
Ranking member of the Mines and Energy Committee of Parliament and MP for the Yapei-Kusawgu constituency, John Abdulai Jinapor, has stated that the NDC will no longer countenance attempts by the Akufo-Addo-Bawumia government to rename projects commissioned under former President John Dramani Mahama. Mr. Jinapor’s comments follow reports that the government is set to commission […]
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International
South Africa’s Jacob Zuma wins court bid to contest upcoming election
A South African court has ruled that former President Jacob Zuma can run for office in the country’s upcoming general election, overturning an earlier decision that had barred him from contesting the polls. The Electoral Court decision on Tuesday paves the way for Zuma to run for president on behalf of the uMkhonto weSizwe Party […]
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Energy
Energy Committee tasks ECG to publish load-shedding timetable
The Mines and Energy Committee of Parliament has tasked the Electricity Company of Ghana (ECG) to fast-track processes to ensure that consumers receive a load-shedding timetable in the coming days. At a crunch meeting with stakeholders in the energy sectors in Accra, the Chairman of the Committee, Samuel Atta Akyea, told the media that the […]
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Energy
Ghana could lose power export market should President’s directive continue – Nana Amoasi VII
The Executive Director for the Institute for Energy Security (IES), Nana Amoasi VII, has cautioned that Ghana could lose the electricity export market if President Akufo-Addo’s directive to curtail power continues. President Akudo-Addo, in a letter to the Volta River Authority (VRA), ordered the retention of power exports for domestic use in response to the […]
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Business
Tullow, Partners set up ‘Decommission Fund’ for Jubilee Field
In a significant move towards ensuring environmental sustainability and responsible resource management in Ghana’s energy sector, Tullow Ghana, Unit Operator of the Jubilee field, along with its partners – Ghana National Petroleum Corporation, Kosmos Energy, Kosmos Energy Ghana Investment, PetroSA, and GNPC Explorco – has officially signed an agreement to establish a Decommissioning Trust Fund […]
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Energy
Deputy Minister for Energy appointed ECG Board Chairman
President Akufo-Addo has appointed Deputy Minister for Energy, Herbert Krapa as the new Chairman of the Board of Directors of the Electricity Company of Ghana (ECG). This followed the resignation of Keli Gadzekpo, who has chaired the electricity distribution company since 2017. Mr. Gadzekpo resigned from the role on Tuesday, March 26, 2024 in a […]
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Energy
PURC updates public on ECG’s compliance with Cash Waterfall Mechanism procedure
The Public Utilities Regulatory Commission (PURC) has announced that the Electricity Company of Ghana (ECG) is on course in respect of compliance with the 5 requirements under the Cash Waterfall Mechanism procedure. This is contained in a statement dated March 26, 2024, issued by the Commission and signed by its Executive Secretary, Dr Ishmael Ackah. […]
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Energy
‘Akufo-Addo has contributed immensely to challenges and dysfunction of power sector’ – COSECA
Coalition of Stakeholders in Electricity Contracts and Arrangements (COSECA), has accused President Akufo-Addo of contributing to the challenges and dysfunction of the power sector. In a statement dated March 26 and signed by its executive secretary, Nana Yaa Akyempim Jantuah, the coalition criticised the president for not adhering to the “laid-down structures” governing the sector. […]
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Featured
Load-shedding timetable: ‘I am disappointed in the Energy Minister’ – Bawa
A member of the Mines and Energy Committee of Parliament and MP for the Bongo constituency, Edward Abambire Bawa, has expressed disappointment over the comments made by Energy Minister Matthew Opoku Premspeh. The Energy Minister, whilst responding to reporters on the current state of power supply in the country and the calls for a load-shedding […]
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Energy
Gov’t has made no intervention in power sector since 2017 – Bawa
The Member of Parliament of the Bongo constituency and member of the Mines and Energy Committee, Edward Bawa, has stated that thegovernment has not made any intervention in the energy sector of the economy. The Bongo legislator said this in an interview with Alfred Ocansey, host of TV3’s Ghana Tonight programme on Monday, March 25. […]
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Business
Energy transition affecting operations of National Oil Companies – PIAC
The Public Interest and Accountability Committee (PIAC) has stated that the global shift towards sustainable energy sources is putting National Oil Companies (NOCs) under significant pressure. According to PIAC, factors such as climate change awareness, energy security needs, and advancements in renewable technologies, are challenging the traditional oil and gas industry. PIAC in its latest […]
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News
Energy Ministry assures it is working assiduously to resolve power cuts
The Ministry of Energy has assured that it is working with its agency in the various power sectors to ensure that the temporary power challenges are resolved immediately. The Ministry said that the sector Minister Dr Mathew Opoku Prempeh has always been sensitive to the plight of the Ghanaian people and continues to ask for […]
The post Energy Ministry assures it is working assiduously
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