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Tag Archives: ACEP

ECG needs private investment to settle its debts – ACEP

Executive Director of the African Centre for Energy Policy (ACEP), Benjamin Boakye, has stated that the Electricity Company of Ghana (ECG) needs private investment. According to him, government also needs to divide the financing requirements into manageable portions for Ghanaian businesses to take over. This, he said, would help the …

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Stable cedi, cheaper crude reasons for falling pump prices – ACEP

The Executive Director of the Africa Centre for Energy Policy (ACEP), Benjamin Boakye, reiterated that falling fuel prices at the pump is the result of a general reduction on the global crude oil market and a stable cedi, and not the gold-for-oil barter policy. He said domestic consumers, just like …

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50% cut in electricity bills will only worsen government’s indebtedness – ACEP

President Akufo-Addo’s promise that government will take responsibility of 50% of electricity bills for consumers for a 3-month period has not gone down well with Executive Director of the Africa Centre for Energy Policy (ACEP), Benjamin Boakye Benjamin Boakye posited that government’s decision to take up half the cost of …

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ACEP Interim report on the Termination of PDS Concession

The government of Ghana announced the termination of the Private Sector Participation (PSP), the concession, in the Electricity Company of Ghana (ECG) between the country and the Power Distribution Services (PDS). This decision was arrived at after over a month’s delay in government’s commitment to communicate its decision to the …

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