Tag: ACEP
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IES calls for efficient exploration of Ghana’s lithium resource
The Institute for Energy Security (IES) has emphasized the need to promote the efficient and sustainable lithium exploitation in Ghana’s mining industry. This is on the back of Lithium discovery in commercial quantities in the Central Region. Addressing a National Stakeholder Dialogue on Energy Transition which focus on Lithium discovery in Ghana, the Executive Director…
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IMF conditionalities not preventing energy sector leakages – ACEP
The Africa Centre for Energy Policy (ACEP) has disclosed that the conditionalities of the International Monetary Fund are not helping curb the revenue leakages in the country’s energy sector. In a report dubbed, ‘Protecting Ghana’s Economic Sustainability in the Face of Power Sector Risks,’ the energy think tank said the already implemented conditionalities are not…
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ACEP raises red flags over TOR-Torentco lease agreement
Benjamin Boakye, Executive Director of the Africa Center for Energy Policy (ACEP), has vehemently criticized the government’s decision to lease the Tema Oil Refinery (TOR) to Torentco Asset Management. Boakye said that the deal raises red flags because it was not done through a competitive bidding process. During an interview on Eyewitness News on June…
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ACEP pushes for research in Africa’s energy sector
With the African Oil and Gas market projected to register a compounded annual growth rate of more than 5.5 per cent between 2022- 2027, the African Center for Energy Policy (ACEP) is calling for holistic research into the energy sector to secure the future of the continent. The Think Tank explains that with the global…
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ACEP calls for competitive bidding in Ameri Power Plant relocation contract
The Africa Centre for Energy Policy (ACEP) is asking the government to use a competitive bidding process in awarding the contract to relocate the AMERI power plant from Takoradi to Kumasi. According to ACEP, negotiations have advanced between the Ministry of Energy and Mytilineous SA to have the $35.6 million contract awarded under a sole…
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ACEP calls for sustainable ways to solve intermittent power supply problem
Executive Director for Africa Center for Energy Policy (ACEP), Benjamin Boakye has charged the government to come up with sustainable ways to rid the country of intermittent power outages. His comments follow the uncertainty of the sector minister, Matthew Opoku Prempeh on whether or not there will be an extension of the power outage schedule.…
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Our MD must be sacked; he has no vision – ECG staff demand
The Junior and Senior Staff of the Electricity Company of Ghana (ECG) are demanding the immediate removal of their Managing Director, Mr. Kwame Agyeman-Budu from office over alleged mismanagement of the company. The staff said they took the decision at a joint National Executive Committee held last Friday at the ECG Training School in Tema.…
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Ghana’s oil industry must avoid pitfalls Nigeria encountered to thrive – Extractives analyst
A professor in environment and development at the University of Reading Chukwumerije Okereke has reiterated the need for managers of Ghana’s Oil and Gas resources to avoid making the same mistakes Nigeria has made with its vast oil resources. The comment was made during a panel discussion on the plans of African governments’ on climate…
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ACEP insists Ghana Gas cannot act as national gas aggregator
Energy think tank, African Center for Energy Policy (ACEP), still stands by its suggestion that government should make the Ghana National Gas Company (GNGC) a subsidiary of the Ghana National Petroleum Corporation (GNPC) with regards to the implementation of the Gas Master Plan and not an aggregator. According to ACEP, Ghana’s oil and gas sector…
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ACEP opposes approval of Ghana Gas Company as national gas aggregator
Energy think tank, African Center for Energy Policy (ACEP), has kicked against the approval of the Ghana National Gas Company (GNGC) as the national gas aggregator by the Office of the President . According to the think tank, GNGC does not have the capacity to assume the liabilities of the commitments that come with the…