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Ghana s energy transition will take decades – VEEP

Ghana s energy transition will take decades – VEEP
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Gov t reviewing LPG Price build-up

The Government is reviewing the price build-up for Liquefied Petroleum Gas (LPG) as part of the implementation of the Cylinder Recirculation Model (CRM), Mr William Owuraku Aidoo, a Deputy Minister of Energy, has said. The Deputy Minister said the CRM required some infrastructural establishments and that the review would guarantee…

Ghana to consider fossil fuel for its energy mix in the short term

Vice President Dr Mahumudu Bawumia says natural gas will continue to be part of Ghana’s energy mix in the short term as the country takes steps to fully transition from fossil fuels to renewable energy by 2070. The Vice President said as much as the Government was committed to achieving…

Govt pays over 50% of debts owed IPPs

The Independent Power Producers and Bulk Distributors in November 2020 threaten to withdraw its services, a situation that could have triggered power cuts, popularly called dumsor. This was after it had sent a letter to the Ghana Grid Company Limited with the Energy Minister and the Electricity Company of Ghana in copy. The letter to GRIDCo said the action has become necessary as it demands ECG and government to settle at least 80% of its indebtedness worth $1 billion, in a matter of urgency. The Chamber of Independent Power Producers describes the move as a good faith shown by government but wants more.

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