Tag: Institute for Energy Security
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Anamua Sakyi writes: Absolutely nothing wrong with ‘Take-or-Pay’ power purchase agreements
In recent times, there has been a strong debate on factors necessitating Ghana’s rising energy sector debt. One of such factors as mentioned, is the “take-or-Pay” (ToP) clause in the Power Purchase Agreements (PPAs) between the Government of Ghana (GoG) and Independent Power Producers (IPPs). GoG as the buyer of the power produced by the…
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Gov’t must review revenue projections over Tullow Ghana’s woes – IES
The Institute for Energy Security (IES) is urging the government to review its revenue projections from oil after Tullow Ghana announced that it will reduce its staff strength by 25 percent on the account of production challenges. Tullow Ghana, which is the operator of the Jubilee and TEN oil fields in Ghana, over the weekend…