Fuel prices have shot up marginally in the Republic of Ghana, energynewsafrica.com can report.
As of Sunday, November 21, 2021, leading oil marketing companies, GOIL Company Ltd and TotalEnergies were selling a litre of petrol and diesel at GHS6.99, up by 9 pesewas from GHS6.90 per litre as of last Friday.
Many consumers had anticipated that the suspension of the Price Stabilisation and Recovery Levy (PSRL) would bring down the cost of fuel in the Republic of Ghana.
However, that appears to be wishful thinking.
Last week, energy think tank, Institute for Energy security predicted that fuels prices would remain stagnant during the second pricing window in November, citing a decrease in the price of benchmark crude oil Brent.
“The price of the refined products such as gasoline and gasoil, as monitored on Standard and Poor’s global Platt’s platform, also shows some changes within the period under review. The price of gasoline increased by about 2.40 per cent to close the window at US$837.21 per metric tonne from its earlier price of US$818.21 per metric tonne. The price of gasoline also increased within the period by 0.74 per cent to close trading at US$720.50 per metric tonne from its earlier price of US$715.23 per metric tonne in the second window of October 2021.”
It said data monitored by the IES Economic Desk from the Foreign Exchange (Forex) market shows that the cedi further depreciated against the U.S. Dollar by 0.66 per cent to close trading in the last window at Gh¢6.13 to the US Dollar from the previous window’s Gh¢6.09 to the greenback.
“Based on the 1.54 per cent decrease in the price of international benchmark Brent crude, the 2.40 per cent increase in the price of gasoline, the 0.74 per cent increase in gasoline price and the 0.16 per cent depreciation of the local currency against the US Dollar; the Institute for Energy Security (IES) foresee prices of fuel remaining stagnant for the window, despite the increase in the price of finished products. This is due to the recent increases in prices at the pumps which have generated a lot of public concern.”
As of Monday morning, Brent crude was selling at US$79.22 while West Texas Intermediate WTI was trading at US$76.24.
By Tim Yeo
In developed regions, steps are underway to move away from nuclear power. In Africa, some countries are taking tentative steps to add this technology to their energy mix. We approached the New Nuclear Watch Institute to unpack the relevance of nuclear power to an African country’s energy infrastructure plan.
Now recognised as more critical than ever before, the world’s electricity generation industry needs to decarbonise. Time is running short if humanity is to prevent dangerous, irreversible climate change from occurring.
African countries are as vulnerable to the harmful consequences of climate as those in other parts of the world. Therefore, they must play an active role in the global transition to low carbon energy in the way others will have to. But unlike other regions, the particular challenge African countries face is that they must transition while advocating increasing electricity use to accelerate economic development.
Much of Africa has considerable natural advantages concerning renewable electricity generation technologies such as solar. IRENA’S REmap Africa 2030 quantifies a solar PV potential of 70GW that can be reached by 2030. The association acknowledges that realising this would require, on average, 4.6GW of solar PV capacity to be added each year over the 2018–30 period from a base of only 2.5GW capacity installed in 2017.
However, the dangers for any modern or aspiring economy of becoming too heavily dependent on intermittent sources of electricity are increasingly apparent. A significant element of reliable baseload low carbon electricity capacity is essential to enable emerging market countries to reach net-zero without impeding economic development.
For many, and possibly for most African countries, this should mean including an element of nuclear power in their energy mix. Paradoxically, only South Africa currently has commercial-scale nuclear reactors producing electricity for a continent very rich in uranium reserves. The two reactors operating there were built in the last century – a stark reminder that Western Europe is not the only place where nuclear development has slowed down.
One possible explanation for this underdevelopment may be the high upfront capital cost of nuclear plants. It may have been a deterrent for governments that needed to secure a quicker return on their expenditure than could be achieved by investment in nuclear energy.
This difficulty may now be easier to overcome as vendors are increasingly willing to arrange finance packages. For example, one of a handful of African nations pressing ahead with nuclear development, Egypt, has negotiated a nuclear cooperation agreement with Russia. Rosatom will build four 1.2GW pressurised water reactors in Egypt, and with 85% of the construction costs financed by a $25 billion Russian state loan.
Russia is not alone in its desire to grow its nuclear export business. China and South Korea have similar ambitions. Their governments would likely work with China General Nuclear Power Group and the Korea Electric Power Corporation respectively to offer similarly attractive financial packages to any African governments thinking of venturing down the nuclear road.
Furthermore, there are other players in this arena. France, Japan, the US, and Canada may each become participants in future. If potential African customers for new nuclear power plants play their cards carefully, something resembling a buyers’ market could emerge.
Another historical reason for the low level of installed nuclear capacity across Africa is the ready availability of coal in many parts of the continent. In the past, coal has frequently been the cheapest and most convenient source of electricity.
Today, however, only the most blinkered climate sceptics still believe that the increased use of coal can meet the world’s rapidly growing future energy needs. This constraint will apply to Africa as much as to other continents.
At the same time, the escape from poverty, which tens of millions of African citizens both aspire to and deserve to achieve, requires near-universal access to reliable electricity supplies. Making their dreams of more prosperous, more comfortable and fulfilling lives a reality and facilitating faster economic growth in their countries will inevitably involve a massive increase in electricity consumption.
The challenge of delivering that increase without causing greenhouse gas emissions to rise is what makes a new nuclear power plant construction programme so relevant in Africa today.
Some opponents of nuclear suggest that without better transmission grids, large nuclear plants aren’t suitable for the needs of African consumers. This stance ignores that Africa has over 30 cities with more than 1.5 million people each, roughly the same number as Europe.
Even if new nuclear capacity was confined to these large urban populations alone, it could hugely improve energy security in all the countries concerned while simultaneously driving down global greenhouse gas emissions.
In addition, small and advanced modular nuclear reactors will become available later in this decade. Small reactors are defined by the International Atomic Energy Agency (IAEA) as those having a capacity of under 300MW.
The possibility that small modular reactors can be built almost entirely within a controlled factory setting and installed module by module means that the level of construction quality and efficiency can be improved. It is expected that their modular nature will also lead to significant economies of scale being achieved.
Smaller reactors will have the critical advantage of delivering reliable low carbon baseload electricity at a scale that enables the use of a far more comprehensive range of locations. These locations will include brownfield sites that may previously have hosted decommissioned coal-fired power plants.
The propensity for minigrid development in many African nations also fits comfortably with the expected arrival of smaller nuclear reactors. A proposal is underway for a further subcategory of very small reactors (vSMRs) with a capacity of 15MW or less. These will be especially good for remote communities.
In every region of the world, an obstacle to the broader deployment of nuclear comes from objectors who allege that nuclear technology is unsafe, unhealthy or even environmentally harmful.
Most of these objectors ignore that the absolute overriding priority is to maintain continued economic development while simultaneously transitioning to a global economy with net-zero emissions for the rest of this century. There’s really no point in worrying about whether nuclear waste storage will still be safe 250 years from now if climate change has rendered most of the earth uninhabitable by humans.
Furthermore, these objections fly in the face of all the evidence. Earlier in 2021, the European Commission’s Joint Research Centre (JRC) published a report confirming that the latest nuclear reactors have lower accident fatality rates than any other electricity generation technology.
This JRC report also pointed out there is no scientific evidence that nuclear harms human health any more than other energy technologies such as renewables, widely accepted as sustainable activities. Until recently, the European Commission has veered between ambivalence and hostility in its attitude towards nuclear energy. This change of heart should encourage African governments, which are looking favourably on the merits of nuclear.
Hopefully, ill-informed scaremongers will not deter governments from developing new plants in those African countries where nuclear energy is most urgently needed.
At the top of the candidates for investment in nuclear must be South Africa, where discussion on possible nuclear developments has taken place for many years. South Africa urgently needs to cut its dependence on coal to meet the more challenging emissions reduction target it announced in late September 2021. It also needs to reduce the environmentally inefficient long-distance transport of coal between mines and power stations.
While renewables can take up some of the slack left behind by the closure of coal power plants, the intermittent nature of wind and solar power means that the problem of outages will continue to plague the system without a contribution from nuclear.
A firmer lead from the government and greater consistency in its approach to nuclear are needed to get its domestic energy policy on a firm footing and enable it to continue exporting electricity to neighbouring countries. The time to act is now.
Nigeria’s extensive use of gas and hydropower means it is under much less international pressure than South Africa to change its electricity generation system. Its main priority at present is to improve the reliability of its electricity system by improved maintenance, reduced theft and more open scrutiny.
Against this background, a rigorous inspection regime, preferably overseen by the IAEA, would be essential before nuclear plants are built in Nigeria. Without it, there would be fears that safety issues would not receive the priority they require.
A nuclear build will not happen immediately, but despite these circumstances, it is hard to see how Africa’s largest economy will get anywhere near net-zero emissions by mid-century without nuclear energy on its system.
Finally, Kenya, Africa’s sixth-biggest economy, has taken tentative steps towards investing in new nuclear capacity. These have attracted the attention of several exporting countries, including China, Russia, France and Korea.
Unlike South Africa and Nigeria, Kenya does not have a history of fossil fuel dependence. Instead, it has supplemented its hydropower capacity with geothermal. Nevertheless, its fast-growing economy is expected to lead to a vast increase in demand for electricity. Its preparations for introducing nuclear into its energy mix have received an approving nod from the IAEA. It could take an early lead in East Africa’s use of nuclear.
There are many other African countries, all of which can, some should, and hopefully, some will, develop nuclear energy in future. To extract the most significant benefit for themselves and thereby make the biggest contribution to addressing climate change, a degree of collaboration might help.
Reaching agreement about common safety standards across national boundaries helps vendors reduce prices without compromising the freedom of choice of individual nations. Smaller countries might be able to drive harder bargains with vendors if they linked together and coordinated purchasing policies.
By coming to the nuclear energy party for the most part by past mistakes or regretted commitments, Africa can take full advantage of the lessons learned, sometimes expensively, by countries in other continents. It will be for the benefit of humanity if they seize this chance.
About the authorTim Yeo, chairman of the New Nuclear Watch Institute, has a longstanding commitment to the nuclear energy industry dating back three decades to when he was Minister of State for the Environment with responsibility for climate change policy in the UK Government. He later served in the Shadow Cabinet as Shadow Secretary of State for Trade and Industry before being elected as chairman of the UK Parliament Energy and Climate Change Select Committee. www.newnuclearwatchinstitute.org
The coming of the fourth republic in 1999 came with its own bundles of problems that must be addressed, and the administration of Olusegun Obasanjo initiated a Power Sector Reform that ended the old monolithic Nigeria Electric Power Authority with the introduction of 11 regional Distribution Companies.
Despite all the hiccups experienced along the way, by November 2013, exactly 8years ago, when all the old NEPA Regional Offices were evolving to New Management Distribution Companies, the old Yola Regional Office was also being taken up by new core investors, Integrated Energy Distribution and Marketing Limited.
However, within months of acquiring Yola Disco, IEDM “were forced to declared a force majeure on the ground that it was impossible to operate and access the assets of the electricity distribution firm in the North-east due to the Boko Haram insurgency”. This was in 2015.
So while the remaining 10 Distribution Companies were facing their own challenges, but still seeing progress, Yola Disco was returned to the FG as a “Department of the Ministry”. For the next 6years, no investor was interested until quest happened.
It is at this point that the bravery of the management of Mainstream Energy Services Limited is to be taken note of and applauded.
Security situation in the North East Nigeria has not considerably improved, and in the situation that even the assets, and Electricity Distribution can be managed, the economy of the North East still remains a serious concern for a would be investor.
The Management of Mainstream(MESL) themselves are not new to the electricity industry, as they are presently the concessionaires of both Kanji and Shiroro Electric Power Dams, paying an annual fee of.
So, it must be said that their willingness to float Quest Electricity Nigeria Limited to invest in Yola Disco for N19bn (nineteen Billion Naira), with further Performance Improvement Program investment of N28bn (twenty eight billion) is definitely an uncommon business bravery in the face of security and economic hopelessness.
With the process itself having taken almost a year to conclude with the Bureau of Public Enterprise and the Labor Union, it is hoped that the Quest Electricity coming on board as new core investors of Yola Disco would bring succour for Nigerians in the North East, and the bravery of QENL to make such investment in the face of hopelessness, would ultimately pay off.
As the official taking over ceremony is billed for the 8th of November, 2021, 8years after other 10 Distribution Companies have been sold off, the management of Quest Electricity can only be wished the best.
Adetayo Adegbemle is a public opinion commentator/analyst, researcher, and the convener of PowerUpNigeria, pioneer Electric Power Consumer Right Advocacy Group in Nigeria (Twitter:@PowerUpNg, Email: [email protected])
Deputy Managing Director of Tullow Ghana Limited, Mrs. Cynthia Lumor has been adjudged the female Energy Personality of the Year 2021 at the 5th Edition of Ghana Energy Awards held on Friday, November 19, 2021 in Accra, capital of Republic of Ghana.
She won the award, having been nominated among other female executives in the industry, including, Mami Dufie Ofori, Executive Secretary of Public Utilities Regulatory Commission who won the same award last year; Kate Quartey –Papafio, Chairperson of Reroy Group; Efuwa Quansah, Country Director, PEG Ghana and Ing. Harriette Amissah –Arthur, Executive partner, Arthur Energy Advisors.
Cynthia joined Tullow Ghana Limited in 2017 and served as Corporate Affairs Director, overseeing the Communications & Investor Relations, Social Performance, Government and Public Affairs functions of the company.
She also had oversight over Human Resources, Information Systems and Facilities.
In October 2021, Mrs. Cynthia Lumor was appointed Deputy Managing Director of Tullow Ghana Limited, having excelled in her previous position.
She is the first to be appointed Deputy Managing Director of Tullow Ghana since the company began its Ghana operations in 2006.
Mrs. Lumor has several years of experience in the Oil and Gas industry, having previously worked for the Ghana National Petroleum Corporation (GNPC) as Principal Legal Officer, where within a year, she rose to become Head of the Legal Department.
She was involved in the drafting of the Petroleum Law, which created the structure and current legal framework for an independent regulator and the Oil and Gas industry.
Mrs. Lumor holds an LLB (Hons) from the University of Ghana and a practicing certificate from the Ghana School of Law.
The award was received on her behalf by the company’s representatives.
Kenya’s electricity distribution company, Kenya Power employees and their spouses have been thrown into panic after they were ordered to present their official financial and asset records as part of an ongoing lifestyle audit aimed at curbing fraud at the state-run utility.
According to multiple media sources, the workers and their spouses are required to present certified copies of their financial records including bank account and mobile money statements for the last six months by Monday, November 22, 2021.
They are also required to declare movable and immovable assets, companies owned or co-owned as well as shares held in various companies complete with the details of the returns filed with the Kenya Revenue Authority for the last three years.
“You are notified to provide information on club membership, social media accounts or handles and list liabilities including loans, mortgages, chattels, guarantees, school fees and school accounts, and cumulative insurance policies and holidays,” Ms Kalungu-Uvyu, the General Manager in charge of Human Resources and Administration at Kenya Power, said in a memo as carried by Business Daily Africa.
The ongoing audit is part of the recommendations of a task force appointed by President Uhuru Kenyatta to look into the woes that saw the utility firm post a net loss of Sh2.98 billion in the financial year ended June 2020—its first in 17 years—despite the huge potential for profitability.
Kenya Power, however, bounced back to profitability in the year to June 2021 on account of growth in revenues. This is attributed to a huge demand for electricity and reduced costs.
The firm reported a net profit of Sh1.49 billion over the financial year, an improvement from a loss of Sh939 million registered in the same period last year.
The task force recommended that all Kenya Power employees be vetted afresh for integrity, suitability and qualification for the jobs they hold.
The task force, which was chaired by Industrial and Commercial Development Corporation (ICDC) boss, John Ngumi, has also recommended an overhaul of Kenya Power’s procurement department and a forensic audit of its procurement systems and stocks to help deal with cartels that have, over the years, profited through fraudulent dealings with rogue employees.
Kenya Power, early this month, suspended 59 members of its procurement team to pave the way for a forensic audit amid tender fights at the company that saw its top executive, Bernard Ngugi resign in August.
Ghana’s former presidents John Agyekum Kufuor and the late Jerry John Rawlings have been recognized for their roles in Ghana’s energy sector at the 5th Edition of Ghana Energy Awards.
The duo was rewarded with Life Time Achievement Award.
The late Ghanaian leader, Jerry John Rawlings, set up several energy institutions including the GNPC, PURC and BOST and spearheaded rural electrification projects across the West African nation.
His award was received by his daughter, Zanetor Agyeman-Rawlings.
On his part, John Agyekum Kufuor empowered the national oil company, GNPC, to spearhead exploratory activities in the country.
This led to US oil firm, Kosmos Energy, discovering oil in commercial quantities offshore the Western Region of Ghana.
During his tenure the country set up Bui Power Authority leading the construction of 400MW hydro power plant on Bui reservoir.
CITATION FOR PRESIDENT JOHN AGYEKUM KUFUOR – LIFETIME ACHIEVEMENT AWARD
Ghana’s first discovery of oil is intrinsically linked with your name – the discovery of 600 million barrels of high-quality oil at an offshore block in 2007. Although Ghana had embarked on previous oil exploration ventures, it was through your singular effort that Kosmos Energy entered the Ghanaian market and whose first exploratory well, Mahogany 1, in the West Cape Three Points block hit Ghana’s first major commercial oil. Under you, the GNPC was restructured to ensure a refocus on its core activities of exploration and the promotion of the oil and gas sector of the country.
Although construction began in 2009, the Bui Dam project, which idea was mooted in 2006 amidst significant opposition, epitomized your foresight in ensuring energy security. This was the second single largest investment in Ghana after the Akosombo dam.
Under your astute leadership and with your excellent diplomatic skills, the West Africa Gas pipeline saw the light of day. The 678 kilometers onshore and offshore high pressure transmission pipeline, which span four countries from Nigeria to Ghana helped to reduce the cost of thermal electricity generation through reduced fuel and maintenance costs and ensured an environmentally cleaner source of fuel leading to the reduction in greenhouse emissions and the development of secondary gas market for industrial and domestic use.
Your distinguishable efforts in Ghana’s energy sector have left an indelible mark on the country’s journey towards energy security. Power generation in Ghana has greatly benefited from your pioneering and immense contribution. All who have worked with you can attest to this fact.
Your stellar leadership has won you awards such as the Chatham House prize for good leadership, Germany’s highest national award, the Bundesverdienstkreuz; and Liberia’s highest award (the Grand Cordon in the Most Venerable Order of the Knighthood of the Pioneers) for helping to bring peace.
Constantly, you have demonstrated beyond all reasonable doubt that the prosperity of Ghanaians was and still your primary concern.
In recognition of your patriotism and invaluable service to your country, the Ghana Energy Awards has the pleasure to present to you the Lifetime Achievement Award.
CITATION FOR PRESIDENT JERRY JOHN RAWLINGS – LIFETIME ACHIEVEMENT AWARD
The history of Ghana’s energy sector cannot be told without mention of your name. Your administration initiated the process of reforming and restructuring the energy sector in the quest to improve operational efficiency and increase consumer access to electrical power and petroleum products. This initiative was pivotal in saving public funds as it eliminated the government’s involvement as owner and manager of energy businesses and re-focus its role on policymaking and market regulation.
Under your astute leadership, Ghana diversified its energy source from relying solely on hydro-energy, generated at Akosombo and Kpong, to include thermal energy. The Takoradi Thermal Power Station (TTPS), Ghana’s first thermal plant, is a testament to your vision. The conceptualization of the participation of Independent Power Producers through the Ghana Power Sector Development Policy was also pivotal in the development of future power generation, coordinated generation and transmission operations, development of framework electricity distribution and pricing, and formation of regulatory bodies.
At a time when only 10% of Ghanaians had access to electricity, you committed yourself to extend access to the rest of the country through the ambitious National Electrification scheme: a project that saw the Volta River Authority extend grid lines from Kumasi to Brong Ahafo, the Northern, and the Upper Regions and by taking over the distribution of electric power through its new subsidiary, the Northern Electricity Department, to Northern consumers. This singular initiative helped to slow down rural-urban migration and boosted economic development in the newly supplied areas.
The establishment of the Public Utilities Regulatory Commission and the Energy Commission attest to your foresight in pursuance of energy sector reforms at a time when the sector lacked the necessary regulatory structures. In addition to these were the creation of the Ghana National Petroleum Company and Bulk Oil Storage and Transportation Company which were crucial to the development of Ghana’s petroleum sector.
Your legacy in the Ghanaian energy sector has been immense. You understood and appreciated the role energy security would play in the fast-changing world. You laid the building blocks, consistent with changes within the domestic and global energy space, to guarantee that quality of life Ghanaians longed for.
In recognition of your devotion and invaluable service to your country, the Ghana Energy Awards has the pleasure to present to you the Lifetime Achievement Award.
Source: https://energynewsafrica.com
Leading energy and infrastructure conglomerate, Sahara Group, will invest over US$1billion to enhance access to Liquefied Petroleum Gas (LPG) in Africa and emerging economies in a bid to boost energy transition on the continent.
Temitope Shonubi, Executive Director, Sahara Group disclosed this at the African Refiners and Distribution Association (ARDA) conference 2021 in South Africa where he spoke on the role of LPG in Africa’s energy transition.
“Sahara, through its subsidiary, WAGL Energy Limited is already working towards investing $1 billion to ramp up its LPG fleet and terminal infrastructure over the next five years. In addition to the vessel fleet, Sahara is in the process of building over 120,000 metric tonnes of LPG storage in eleven countries,” he said.
According to him, the countries earmarked for the storage tanks which include Nigeria, Senegal, Ghana, Cote d’Ivoire, , Tanzania and Zambia whose process has commenced and five others in the preliminary stage
Sahara continues to lead efforts geared towards seamless energy transition in Africa through innovative energy solutions via its upstream, midstream, downstream downstream power businesses including partnerships with the United Nations Development Programme and other leading organisations.
Shonubi noted that Africa had become reliant on imports to meet its LPG demand as a result of low crude oil refining capacity and absence of adequate wet gas being processed
He said, “Africa’s refining capacity of 3,343,000 barrels per day is limited to just 20 countries; utilisation rates have fallen from about 75 per cent in 2010 to 55 per cent in 2020. Only six African nations have combined LPG storage capacity greater than 50,000MT.”
“Economic progress is key to harnessing Africa’s latent LPG demand to boost economic performance.”
He lamented that Africa accounted for just four per cent of global LPG consumption last year.
LPG consumption in Africa is low compared to other markets. Africa’s consumption was 14MT (translating to 12 kilogram per person) in 2020, compared to Asia Pacific’s108MT ((27kg/person), North America’s 74MT (123kg/person), Europe & Eurasia’s 49MT (49kg/person), Middle East’s 38MT (60kg/person) and Latin America’s 34 MT (53kgs/person).
Shonubi attributed the low LPG consumption in Africa to the hurdle of affordability, absence of large-scale LPG storage infrastructure, minimal vessels dedicated to the region, low set-up cost of firewood and kerosene stoves, as well as negative perceptions and fear of explosions due to poor safety standards, among other factors.
“While set-up costs may be high, LPG has higher energy efficiency when compared to kerosene and fuel wood and it has virtual zero sulphur content. LPG is key to achieving the UN SDG 7 – Sustainable Development Goal of Universal Access to Energy,” Shonubi said.
He said converting just 30 per cent of Africa’s vehicle fleet to run on LPG would result in $3bn annual fuel-cost savings and about 40 billion in CO2 emission reductions, while indirect cost savings from health and infrastructure would exceed $15bn annually.
On the role of African governments in encouraging LPG adoption, Shonubi canvassed an enabling policy environment to foster adequate private sector involvement and sustainability.
He said funding should be channeled into country-wide investment programmes while megaprojects and regional integration should be accelerated in order to efficiently serve a larger population and grow the economy for multiple countries.
He also advocated growing Africa’s LPG consumption, through investments in LPG infrastructure and financing of LPG use through credit schemes, Pay-as-you-use, penalty for emissions, reward for global warming reductions, inclusion of bio LPG among others.
He was very emphatic about protecting the environment today for a safer and more environmental friendly tomorrow.
He concluded that although there is a myth that cooking with fire wood churns out more nutritious meals than cooking with gas, most of such comparison remained in the mind as there are now seasoning variants that make meals taste the same.
Source: https://energynewsafrica.com
The Chief Executive Officer of the Volta River Authority in the Republic of Ghana, Ing. Emmanuel Antwi-Darkwa has been crowned the Male Energy Personality of the year at the 2021 Ghana Energy Awards held at the Labadi Beach Hotel in Accra.
He beat Elikplim Kwabla Apetorgbor, CEO of Independent Power Producers, Distributors & Bulk Consumers; Nana Amoasi VII, Executive Director for Institute for Energy Security (IES); Benjamin Boakye, Executive Director for African Centre for Energy Security (ACEP); Dr Benjamin Asante, CEO of Ghana Gas, Egbert Faibille Jnr, CEO of Petroleum Commission; Martin Eson-Benjamin, CEO of Millennium Development Authority (MiDA) ; Pankaj Bhati, CEO of Alpha; Senyo Hosi, CEO of (CBOD); Dr Yussif Sulemana, Energy Consultant /Strategist/Analyst, Michael Bozumbil, CEO of Petrosol Ghana and Rev. Ing. Oscar Amonoo-Neizer, Executive Secretary of Energy Commission.
This is the second time Ing. Emmanuel Antwi-Darkwa has been adjudged the Male Energy Personality of the Year.
In 2018, Ing. Antwi-Darkwa has crowned the Energy Personality of the Year, after beating his competitors.
This year’s Ghana Energy Awards was under the theme: ‘Digitalized Energy Sector; The Key For A Resilient Economic Future’.
In attendance were the Minister for Energy, Dr Matthew Opoku Prempeh, Former President John Agyekum Kufuor, Chief Director of Ministry of Energy Lawrence Apaalse and hosts of CEOs of both petroleum and power sector institutions.
A Civil Engineer by profession, Mr Antwi-Darkwa, has over thirty years of extensive experience in the energy industry and has detailed knowledge in the functional and regulatory influences in Ghana’s energy sector, and the dynamics of international power systems development.
He possesses expertise in strategic planning, policy formulation and evaluation, contract negotiations, as well as the development of several multi-disciplinary power projects.
He has been involved in projects such as the 400 MW Bui hydroelectric power project and the expansion of the 220MW Takoradi Thermal Power Plant.
Since taking over as Chief Executive, Emmanuel Antwi-Darkwa has championed a conscious change in VRA’s business model and organisational mindset to ensure improved operational and project implementation efficiencies.
He holds a Master of Business Administration (MBA) in International Oil & Gas Management, University of Dundee, UK, a Master of Public Administration (MPA) from Harvard University, USA, as well as a Bachelor of Science (Hons) Civil Engineering from the Kwame Nkrumah University of Science and Technology, Ghana.
Source: https://energynewsafrica.com
Ghana’s petroleum downstream regulator, the National Petroleum Authority (NPA), has been described as the best regulator in Africa.
This is according to Anibor Kragha, Executive Secretary of Africa Refiners and Distributors Association (ARDA).
He noted that NPA had put in place a robust regulatory environment which is evident in Ghana’s downstream petroleum sector.
Anibor Kragha, who is based in Ivory Coast, said this when he paid a courtesy call on the Chief Executive of NPA, Dr Mustapha Abdul-Hamid on Thursday, November 18, 2021.
He commended the NPA for its resilient efforts aimed at sanitizing the downstream industry in Ghana.
“For me, NPA is the premier and best regulatory agency I have seen in the 21st century in terms of technology deployment in creating a level playing field for all operators involved in the sector,” Mr Kragha said.
He thanked the management of NPA for the continuous support to the association and for extending a helping hand to other regulators and players of the industry on the continent.
Dr Abdul-Hamid, on his part, renewed the Authority’s commitment to protecting the industry and consumers by ensuring the right initiatives are implemented for the good of the sector and the country.
Anibor Kragha (Left) Dr Mustapha Abdul-Hamid (Right), CEO of NPA
He was hopeful the industry’s best years are ahead and reiterated his commitment and that of his staff to run an efficient and results-oriented downstream industry for the gain of their partners and consumers.
Source: https://energynewsafrica.com
The Millennium Development Authority (MiDA), the agency responsible for the implementation of the Ghana Power Compact II, has commissioned the first-ever Air-conditioner and Refrigerator (AC) Test Laboratory facility for the Ghana Standard Authority in Accra, capital of Ghana.
The US$1.88 million facilities were constructed as part of activities under the Energy Efficiency and Demand Side Management (EEDSM) Project, one of four major projects which make up the US$316 million Ghana Power Compact Programme.
Air-Conditioners and Refrigeration appliances are high energy-consuming appliances, therefore, the establishment of the Test Laboratory will support Ghana’s energy efficiency agenda.
The facility will enable the Ghana Standards Authority to test and ensure that all air conditioners and refrigerators imported into Ghana meet the Minimum Energy Performance Standard (MEPS) set out in the Energy Commission’s Energy Efficiency Regulations.
The facility will also aid the effectiveness of the current Energy Efficiency Appliance Standards and Labelling regime being undertaken by the Energy Commission.
Commissioning the facility, Chairperson of MiDA Board, Prof Yaa Ntiamoa-Baidu acknowledged the Ghana Standard Authority for contributing US$45,000 towards the construction of the facility.
She said MiDA accepted a request by the GSA, following the completion of the facility and, therefore, provided a 400KVA standby generator set and a dedicated transformer which would provide backup power to the Test Laboratory and ensure uninterrupted electricity supply at all times.
She commended the Millennium Challenge Corporation (MCC), a United States agency, for providing funding for the facility and the contractor, GHS, as well as Energy Commission, ECG and EPA for their contributions.
The Deputy Director for Trade and Industry, Michael Okyere Baafi said the state-of-the-art facility, comprising an air conditioner test containment building and the testing laboratory, is the first of its kind in Ghana and the West Africa sub-region.
He said it can test 96 air conditioners and 48 refrigeration appliances annually.
“It will also ensure that appliances meet a minimum efficiency performance standard and contribute to the efficient use of electricity. It will further enable GSA to conduct tests and ensure that air conditioners and refrigerators imported into Ghana meet the Minimum Energy Performance Standards (MEPS) as per the Energy Commission’s Energy Efficiency Regulations,” he added.
He continued that the Test Laboratory is equipped with a Balanced Ambient Room Calorimeter (BARC) Test Chamber for evaluation of the capacity and performance of Room Ambient Calorimeters (RACs), which makes it compliant with the ISO 5151 Standards, thereby, further enhancing their capacity to promote standardization and energy efficiency within the sector.
“Facilities such as this creates new jobs and I expect the GSA to attract the best talent within Ghana to run this facility so that it can be profit-making in the shortest possible time. This project can offer services to other countries in the sub-region so that the GSA will make enough profit to build additional facilities,” he underscored.
He concluded that “I am happy this inauguration is happening at the time that the GSA is re-tooling and repositioning itself in the sub-region and Africa as a leader in the field with a mission to contribute towards the growth of industry, consumer protection, and trade facilitation through standardization, metrology, and conformity assessment.”
The US Ambassador to Ghana, Stephanie Sullivan said: “With this laboratory, Ghana can become a regional gateway for importing appliances that can be tested and certified domestically for meeting quality standards.”
This Laboratory will expand the capacity of the Ghana Standards Authority and the Energy Commission to assess the energy performance of appliances like air conditioners and refrigerators imported to Ghana.
“It will help ensure high energy-consuming electrical appliances meet the Energy Commission’s standards and support Ghana’s National Appliance Standards and Labeling Systems Programme,” she added.
Exclusive photos from the 5th edition of Ghana Energy Awards held at the Labadi Beach Hotel in Accra on Friday, November 19, 2021.Dr. Matthew Opoku Prempeh, Minister for Energy, Republic of GhanaMr John Agyekum Kufuor (Right), Former President of Ghana and Hon. Zanetor Agyeman-RawlingsIng. Oscar Amonoo -Neizer, Executive Secretary of Energy CommissionIng. Emmanuel Antwi-Darkwa, CEO of Volta River Authority
Environmental organizations are suing South Africa in a local high court over the government’s decision to build 1.5 gigawatts (GW) of new coal-fired power generation capacity, saying that more coal “poses significant unjustifiable threats to constitutional rights.”
“Government’s plan to procure 1500 MW of new coal-powered electricity generation will result in South Africans footing the bill for more expensive electricity, while increasing greenhouse gas emissions to levels that are incompatible with South Africa’s commitment to reduce its emissions under the Paris Climate Agreement,” Centre for Environmental Rights said on Wednesday.
The court action from environmentalists came after Energy Minister Gwede Mantashe failed to respond to a letter in September that had demanded the government abandon its plans to build new coal-fired power.
Following the lack of response from the minister, the environmental organizations say they had “no alternative but to institute these court proceedings in the public interest and in order to vindicate constitutional rights.”
“It has been shown, incontrovertibly, that renewable solar and wind with flexible generation capacity, such as storage (even under circumstances where the sun does not shine and the wind does not blow), provide feasible and affordable replacement alternatives for coal power,” says Thomas Mnguni, environmental activist and coal campaigner for groundWork.
Last week, Energy Minister Mantashe said that coal-fired power generation should continue to be part of the country’s energy mix, and he would go to court if necessary to keep the plan for new coal power plants alive.
“I know that we’re going to end up in court for it,” Mantashe said at the Africa Energy Week conference in Cape Town last week.
Debates have heated up in South Africa—a major producer, exporter, and consumer of coal—about whether the dirtiest fossil fuel should remain a pillar of its energy supply, especially in light of the climate push for countries to move away from coal.
Currently, coal is by far the major energy source for South Africa, comprising around 80 per cent of the country’s energy mix.
The country is also the world’s fifth –largest coal exporter.
Source: Oilprice.com
Ghana’s petroleum downstream industry has witnessed the entrance of a new Oil Marketing Company, TORRID Global Co. Ltd.
Officially outdoored on Wednesday, November 17, 2021, the new OMC opened its first retail outlet at Lapaz, a suburb of Accra, to serve affordable and quality fuel to motorists plying the George Walker Bush Highway in Accra.
The modern service station is equipped with island pumps, a convenience shop, a vehicle servicing lubricant centre and safety equipment.
The newest indigenous brand in the downstream petroleum sector is set to compete with both local and international fuel retail outlets by serving quality fuel and delivering a unique customer service experience to Ghanaians.
Speaking at the opening of the first retail outlet, Executive Director of TORRID, Francis Kelvin Opie said TORRID aims at becoming the go-to fuel station in the country and the energy partner of choice for Ghanaians.
He noted that the brand plans to extend its services by opening about 20 service stations at strategic locations in Ghana to serve a wider customer base by the end of December 2022.
The Corporate Affairs Manager of TORRID, Ayla Tissot gave an assurance that the brand would provide the highest standard and quality fuel, offer the most competitive prices, exhibit the utmost respect for customers and contribute to the development of Lapaz.
She entreated Ghanaians especially drivers, to spread the good news about the new station and its quality fuel.
In attendance at the ceremony were key stakeholders in the petroleum industry.
The Executive Director, assisted by National Petroleum Authority Chairman, Mr Joe Addo-Yobo, and other officials cut the ribbon to formally open the station.
Source: https://energynewsafrica.com
The Government of Ghana has announced plans to double its effort to connect more towns and communities to the national electricity grid in 2022.
The West African nation, currently, has an electricity access rate of about 86.63 per cent.
In 2020, the government-connected a total of 162 communities to the national grid.
Currently, electricity connections to 512 communities are also at various stages of completion.
Presenting the 2022 Budget in Parliament on Wednesday, the country’s Minister for Finance, Ken Ofori Atta said: “In 2022, we will work to complete many such projects, and approximately 800 towns will be connected to the national grid under the SHEP-4, SHEP-5 and Turnkey Projects.”
He added that the government would select 2,401 communities with a population of 400 and above to be connected to the national grid.
According to him, the government would also electrify island communities by constructing 10 mini-grids in 10 island communities, as well as supply and install solar home systems in 20 island and lakeside communities in 2022.
Source: https://energynewsafrica.com