The Public Interest Accountability Committee, PIAC, has reiterated its call on Parliament to put some restrictions on the Ghana National Petroleum Corporation’s budget allocated to Corporate Social Investments. At the launch of the 2019 annual PIAC report, Chairman of PIAC, Nobel Wadzah, among other things said GNPC has for the...
COVID-19: Hydropower CEOs Discuss Sustainable Recovery Plan
Chief Executive Officers of Hydropower generation companies across the globe who participated in a meeting convened by the International Hydropower Association (IHA) to discuss how hydropower can contribute to global recovery efforts are of the view that an economic stimulus packages involving investment in sustainable hydropower among other renewables will...
Government targets 1GW power from nuclear sources
The Energy Ministry is confident of harnessing at least one gigagwatt of power from nuclear sources, as it finalises proposals to be submitted to Cabinet for approval. Officials of the ministry yesterday held a meeting with the Minister of Environment, Science, Technology and Innovation as well as other stakeholders, where...
Illegal miners encroach GRIDCo’s towers in search of gold … company seeks to prosecute illegal miners
Officials of the Ghana Grid Company (GRIDCo) have served notice to Galamsey operators at Denkyira Brofoyedru in the Central region, to desist from mining activities close to their power transmission towers. Activities of Galamsey miners have become a menace to power supply in some localities in the Central and Western...
Energy Commission warns sector debt could hit US$12.5bn without urgent action
The Energy Commission says without urgent steps to address the chronic debt in the energy sector, overall sector liabilities could hit US$12.5bn by the end of 2023. The size of energy sector arrears and debts was about US$2.7bn as at January 2018, and it was forecast that an additional US$1.3bn...
Ghana’s oil production increased by 15 percent in 2019
A total of 71,439,585 barrels of oil were obtained from the three producing fields – Jubilee, Sankofa Gye Nyame (SGN) and Tweneboa Enyera Ntomme (TEN) in 2019. This figure is 15 percent more than what was produced in 2018, which was 62,135,435.07) barrels. A statement issued in Accra by the...
ENERGY COMMISSION 2020 ENERGY (SUPPLY AND DEMAND) OUTLOOK FOR GHANA
Energy Commission has released its 2020 Energy Outlook for Ghana. The report captures Electricity demand and supply for 2020. 2020-ENERGY-SUPPLY-AND-DEMAND-OUTLOOKDownload