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Natural gas is considered one of the ultimate fuel for power generation and domestic consumption in the 21st Century due to its attractive environmental qualities. Due to this, the government of Ghana introduced a subsidized cylinder policy in the early 1990s to encourage the consumption of...
Persistent link: https://www.econbiz.de/10012961629
Purpose: The purpose of this paper is to review the advantages of natural gas as a potential solution to Africa's power challenges. Design/Methodology: This paper develops from a descriptive analysis and literature on natural gas and power.Findings: The key finding is that despite increased...
Persistent link: https://www.econbiz.de/10012979196
This paper reviews Ghana's recent experience on downstream petroleum products pricing and deregulation and looks at its implications for the nation's energy security. The Government of Ghana in June 2015 put in place a deregulation policy that had the expectation of allowing marketers and...
Persistent link: https://www.econbiz.de/10013004007
Open and competitive bidding process (toss a coin) promotes transparency, efficiency and cost reduction as compared to direct negotiations (shake a hand). This paper provides an overview of renewable energy interventions in Angola, Algeria, Cote Dvoire, Ghana and Nigeria. Further, best practices...
Persistent link: https://www.econbiz.de/10012854545
Whilst most countries have drafted energy policies, the desired goals of these policies are not met. One reason may be the failure to distinguish between renewable and non-energy. The purpose of this study is to estimate the impact of economic and non-economic factors on renewable and...
Persistent link: https://www.econbiz.de/10013017600
Ghana's power crises has affected businesses, individuals and institutions. Generally, it has been blamed on geographical factors (low water level in the dam), lack of funds to buy light crude oil and unavailability of natural gas. This working paper seeks to examine the impact of lack of...
Persistent link: https://www.econbiz.de/10013017658
It has been suggested that Africa's growth is principally driven by natural resource rents. This is at variance with the growth in countries such as Korea and Taiwan where productivity has been identified as the main driver. In this study, the effect of energy consumption, investment,...
Persistent link: https://www.econbiz.de/10013021618
Goal 7 of the Sustainable Development Goals seeks to ensure universal access to affordable, reliable and modern energy services and increase substantially the share of renewable energy in the global energy mix by 2030. This target provides an opportunity as well as a challenge to African...
Persistent link: https://www.econbiz.de/10012988330
Persistent link: https://www.econbiz.de/10012230134
Purpose: The purpose of this paper is to review the reserves and production of natural gas in Africa and evaluate how it can help solve the power challenges of the continent. Design/Methodology: This paper develops from a descriptive analysis and literature on natural gas and power. Findings:...
Persistent link: https://www.econbiz.de/10011596872