Tag: IES
-
Fuel prices to go up slightly in 1st pricing window of February – IES
Consumers of petroleum products should be paying slightly higher prices for the fuel they purchase at the country’s various pumps for the next two weeks which is the first pricing window for February, 2021. According to an analysis by the Institute of Energy Security, IES, the increase can be attributed to the 3.9% increase in…
-
Reconsider decision to freeze issuance of licenses for new IPPs – IES to government
The Institute of Energy Security (IES), is calling on government to reconsider its decision to put a freeze on discussions and issuance of licenses to new Independent Power Producers (IPPs), including renewables that are cheaper and more environmentally friendly. According to the IES, a revision of the decision is necessary because it has stalled many…
-
Cost of fuel to go up marginally in January – IES predicts
The Institute of Energy Security (IES) has predicted a two to three percent increase in fuel prices in the coming days. This is for the first pricing window for January 2021. According to a statement from the Institute, this price increase can be attributed to the “5.03% increase in price of International Benchmark- Brent Crude,…
-
IES Analysis: Ghana’s power transmission losses surging
Power transmission losses within the Ghana Grid Company (GRIDCo) system keeps surging to 2013 highs and possibly beyond, far in excess of the allowable loss margin. Review of the “Electricity Supply Plans” from Ghana’s Energy Commission (EC) and data from the Ghana Grid Company (GRIDCo) indicate that since 2008, the rate of transmission losses from…
-
IES predicts marginal decrease in cost of fuel for first pricing window in November
Consumers of petroleum products should be paying lower prices for fuel they purchase at the various pumps, for the next two weeks in November 2020. This is according to energy think tank, Institute of Energy Security (IES). IES, in a statement, attributed its prediction to the decrease in prices of International Benchmark- Brent Crude, the…
-
IES co-founder to represent West Africa at Germany’s Policy on Hyrogen 2021
Co-founder and Director of Administration and Research at the Institute of Energy Securtiy (IES), Mr. Edmond Kombat, has been selected to participate in the ‘Energy Transition – Germany’s Policy on Hydrogen.’ The IES co-founder is expected to represent the Institute as one of the selected organisations among three organisations from Africa in Berlin during Quarter…
-
IES demands more commitment from political parties on renewable energy
The Institute for Energy Security is demanding a lot more commitment from the governing New Patriotic Party and the National Democratic Congress in the renewal energy sector. Both parties had made provision for renewable energy in their respective manifestos but the energy think tank believes such promises are not enough. Speaking to Citi Business News,…
-
GRIDCo’s debt recovery from the ECG worsens: IES Analysis
From data collated by the Institute for Energy Security (IES), the debt of GH¢850.993 million owed to the Ghana Grid Company (GRIDco) by the Electricity Company of Ghana (ECG) in December 2019 has shot up by almost 31 percent to GH¢1.114 billion as of end June 2020. The Institute’s trend analysis of cash receivables of…
-
Pay IPPs; consider renewable energy to reduce cost – IES to Gov’t
The Institute for Energy Security, IES, wants government to provide at least half of the $1.4 billion dollars owed Independent Power Producers to curtail a possible shutdown of their plants. Executive Director of the Institute, Nana Amoasi the 7th, says there would be dire consequences for power supply in the country if the IPPs carry…
-
Post COVID-19: A green bank in the 2021 budget crucial – IES
The economic shock experienced by most economies caused by the novel Coronavirus (Covid-19) pandemic can have widespread and dramatic effect on investments in the energy sector. The baseline expectation for 2020 is a widespread global recession caused by prolonged restrictions on mobility and social and economic activity. With a gradual opening up of economies currently…