Tag: Energy
-
Energy Commission targets 10% integration of renewable energy into national mix by 2030
The Energy Commission is targeting a 10 percent integration of renewable energy into the national mix by the year 2030. According to the commission, though the adoption of renewable energy was gradually being integrated into households and commercial entities, strategies were being put in place to scale up the integration. Deputy Director in charge of…
-
IPPs suspend planned shutdown after engagements with ECG
The Chamber of Independent Power Producers Ghana (IPPs) has suspended its planned shutdown of plants powering the national grid despite debts owed by government. This follows what the Chamber describes as fruitful engagements with the Electricity of Ghana (ECG). To this end, the IPPs have agreed to keep operating their power plants after July 1,…
-
Mahama begs IPPs to reconsider shutdown over $1.73 billion debt
Mahama begs IPPs to reconsider shutdown over $1.73 billion debt Former President John Dramani Mahama has urged the Independent Power Producers (IPPs) to reconsider their decision to shut down their plants on July 1 due to the government’s outstanding debt of $1.73 billion. In a Facebook post on June 30, the former President emphasized that…
-
Chamber of IPPs orders members to suspend power supply from July 1
There is an impending power crisis as the Chamber of Independent Power Producers (IPPs) has directed its members to cut supply to the national grid from July 1. The directive to nominate nothing and not declare an availability of power to the system operator is to last till July 8. Members of the Chamber include…
-
PURC sets guidelines on competitive procurement for electricity generation capacity and energy
The Public Utilities Regulatory Commission (PURC) on June 9, 2023, approved the rate setting guidelines for competitive procurement and supply of electricity generation capacity and energy for the regulated electricity market. According to the Executive Secretary of PURC, Dr. Ishmael Ackah, the purpose of these guidelines is to promote transparency and efficiency in the procurement…
-
Govt committed to prioritizing gender mainstreaming in energy policies – Herbert Krapa
Deputy Energy Minister, Herbert Krapa has emphasized the importance of mainstreaming gender issues in policies and budgets across various sectors, particularly energy. The Deputy Energy Minister further underscored the transformative potential of energy access, highlighting that when women are empowered with reliable and clean energy sources, they can drive diverse sectors of the economy and…
-
Fuel pricing: COPEC predicts marginal drop in first window of June 2023
The Chamber of Petroleum Consumers Ghana (COPEC) is projecting a marginal decline in the prices of fuel in the first pricing window of June 2023. COPEC attributes this projection to the relative stability of the forex rates although the international market benchmark prices of crude oil haven’t been that favorable. The Chamber is further predicting…
-
![Stakeholders call for the use of appropriate technology to deal with energy supply threat [Article]](https://citibusinessnews.com/wp-content/uploads/2022/05/fdhh.jpg)
Stakeholders call for the use of appropriate technology to deal with energy supply threat [Article]
A major concern that has been raised by many Energy experts and policymakers on the nation’s Electricity Supply Plan is the eminent electricity challenges and the need for an alternative sustainable baseload supply. Energy experts studying the electricity supply plan over the years have indicated that beyond 2025 Akosombo and Kpong hydropower Plants which currently…
-
CIPDiP commends Energy Minister for his candour and readiness to solve energy problems
The Chamber of Independent Power Producers, Distributors and Bulk Consumers , CIPBiB, wish to commend the Minister for Energy, Hon. Matthew Opoku Prempeh, for his candour. Speaking at the 4-day Energy Sector Work Programme retreat at Ada in the Greater Accra Region, the Minister was reported to have said that the country ought to generate…
-
Timing for proposed increment in electricity tariffs wrong – Consumer Protection Agency
The Chief Executive Officer of the Consumer Protection Agency, Kofi Kapito, says any possible increment in electricity tariffs would be ill-timed. Though he acknowledged the need for an increase in tariffs, he has instead urged the Public Utility Regulatory Commission (PURC) to focus on seeking compensation for customers who have lost electrical gadgets due to…