The study models the consumption of the two most consumed petroleum products in Ghana namely; gasoline and gasoil. Descriptive analyses and the Structural Time Series Model (STSM), is used as the main estimation method because of its ability to account for structural dynamics in the economy,...

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...

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...

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...

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...

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...

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...

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,...

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...