Tag: Institute of Energy Security
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Petrol to sell for GHS15 in February – IES
The Institute of Energy is projecting Petrol will retail for about GHS15 per litre in the next pricing window of February. This according to the institute is due to the about 10 % depreciation of the cedi against the U.S. Dollar coupled with the price of Gasoline and Gasoil increasing by approximately 14% and 7.6%,…
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Fuel prices to rise marginally in second pricing window of May – IES
Consumers of fuel may have to brace themselves for more shocks in the next couple of days because the Institute of Energy Security (IES) is forecasting a 3 to 6 percent increase in the price of petrol and LPG and 2 percent increase in the price of diesel on the local market. According to the…
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IES predicts petrol prices may soon cross GH¢9
The Institute of Energy Security (IES) is forecasting a 9% and 5% increase in the prices of Diesel and Petrol respectively by the end of March 2022. The Institute of Energy Security is also predicting prices of Liquefied Petroleum Gas and Petrol could go up by 3% by the end of March 2022. According to…
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Expect another fuel price hike in February – IES
The Institute for Energy Security (IES) is projecting a further increase in the prices of Liquefied Petroleum Gas (LPG), Diesel, and Petrol at various pumps across the country, over the next two weeks. According to the Institute for Energy Security, this is in spite of the suspension of the Price Stabilization and Recovery Levy (PSRL).…
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Fuel prices likely to remain unchanged in April – IES
Consumers should be able to heave a sigh of relief as the price of fuel at the various pumps for the first pricing window in April 2021 is expected to remain unchanged. This is according to the Institute of Energy Security (IES). IES in a press statement indicated that the 2.05% decrease in the price…
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IES ‘skeptical’ about Akufo-Addo’s promise on 100% electricity provision
The Institute for Energy Security (IES) has expressed doubt over President Akufo-Addo’s promise to ensure 100% electricity coverage in Ghana by the end of his second term. The President, Nana Akufo-Addo, in his inaugural address in Parliament, on January 7, 2021, said his government will be committing enough resources to ensure power supply is extended…
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Call ECG to order on prepaid issues – IES to Energy Ministry
The Institute of Energy Security (IES) has tasked the Ministry for Energy to as a matter of urgency, demand solutions from the Electricity Company of Ghana (ECG) on problems related to the purchase of prepaid. This comes after several prepaid customers complained about “being slapped with outrageous bills for electricity not consumed”. A statement issued…
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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,…
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Fuel prices to go up slightly in 1st pricing window for Sept. – IES
Consumers of petroleum products are likely to pay a little bit more for the fuel they purchase at the various pumps for the next 2 weeks which is the first pricing window of September. That’s according to Energy think tank, the Institute of Energy Security. With the demand for fuel now going up as the…
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IES predicts marginal stability in fuel prices for 2nd pricing window in July
The Institute of Energy Security, IES, says fuel prices will be marginally stable for the second pricing window for July 2020 across various pumps in the country. According to them, the stability of the cedi against major currencies and a rise in the prices of Gasoline and Gasoil on the international market, will be the…