{"id":66201,"date":"2024-02-06T09:48:10","date_gmt":"2024-02-06T09:48:10","guid":{"rendered":"https:\/\/www.africa-press.net\/ghana\/uncategorized\/emission-levy-to-increase-cost-of-electricity-ceo-of-independent-power-generators-ghana"},"modified":"2024-02-06T10:21:34","modified_gmt":"2024-02-06T10:21:34","slug":"emission-levy-to-increase-cost-of-electricity-ceo-of-independent-power-generators-ghana","status":"publish","type":"post","link":"https:\/\/www.africa-press.net\/ghana\/all-news\/emission-levy-to-increase-cost-of-electricity-ceo-of-independent-power-generators-ghana","title":{"rendered":"Emission Levy to increase cost of electricity \u2013 CEO of Independent Power Generators Ghana"},"content":{"rendered":"<p><span style=\"color: #ff6600\"><strong>Africa-Press &#8211; Ghana. <\/strong><\/span><b>The Chief Executive Officer of the Independent Power Generators, Ghana (IPGG), Dr. Elikplim Kwabla Apetorgbor, has projected that the Emission Levy will increase the cost of electricity.<\/b><\/p>\n<p>He stated that this law imposes a levy of GHS100 per tonne on carbon dioxide equivalent emissions from the electricity producers.<\/p>\n<p>As a direct consequence of this statutory incidence on the power producers, there will be an upward adjustment in the cost build-up of the electricity generation, he added.<\/p>\n<p>\u201cPower plant management and operation are cost-sensitive, just as the downstream petroleum sectors. Specifically, the levy will be added to the operational costs build-up of the power plants.\u201d<\/p>\n<p>\u201cThe implementation of the Emissions Levy Act, 2023 necessitates an equal measure of review of the electricity generation tariff, to ensure the predictability of the cash flow obligations of the power producers. This adjustment is essential to cover the increased operational costs induced by the imposition of the Emissions Levy, Act 2023 (Act 1112) to ensure an operational reliability and sustainability,\u201d he said in a statement.<\/p>\n<p>Read below his full statement&#8230;<\/p>\n<p><b>Impact of the Emissions Levy Act, 2023 (Act 1112) on Electricity Generation Tariffs in Ghana.<\/b><br \/>\n<b>Dr. Elikplim Kwabla Apetorgbor<\/b><\/p>\n<p>Power Systems Economist &amp; CEO, IPGG<\/p>\n<p>February 3, 2024.<\/p>\n<p><strong>For More News And Analysis About <a href=\"https:\/\/www.africa-press.net\/ghana\">Ghana<\/a> Follow <a href=\"https:\/\/www.africa-press.net\/\">Africa-Press<\/a><\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Africa-Press &#8211; Ghana. The Chief Executive Officer of the Independent Power Generators, Ghana (IPGG), Dr. Elikplim Kwabla Apetorgbor, has projected that the Emission Levy will increase the cost of electricity. He stated that this law imposes a levy of GHS100 per tonne on carbon dioxide equivalent emissions from the electricity producers. As a direct consequence [&hellip;]<\/p>\n","protected":false},"author":84,"featured_media":66200,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2,5],"tags":[5092,5096,429],"class_list":["post-66201","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-all-news","category-economy","tag-africa-press","tag-africa-press-ghana","tag-ghana"],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v26.1 (Yoast SEO v27.0) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>Emission Levy to increase cost of electricity \u2013 CEO of Independent Power Generators Ghana - Ghana<\/title>\n<meta name=\"description\" content=\"The Chief Executive Officer of the Independent Power Generators, Ghana (IPGG), Dr. Elikplim Kwabla Apetorgbor, has pr ...\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.africa-press.net\/ghana\/all-news\/emission-levy-to-increase-cost-of-electricity-ceo-of-independent-power-generators-ghana\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Emission Levy to increase cost of electricity \u2013 CEO of Independent Power Generators Ghana\" \/>\n<meta property=\"og:description\" content=\"The Chief Executive Officer of the Independent Power Generators, Ghana (IPGG), Dr. Elikplim Kwabla Apetorgbor, has pr ...\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.africa-press.net\/ghana\/all-news\/emission-levy-to-increase-cost-of-electricity-ceo-of-independent-power-generators-ghana\" \/>\n<meta property=\"og:site_name\" content=\"Ghana\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/AfricaPressTunisiaa\" \/>\n<meta property=\"article:published_time\" content=\"2024-02-06T09:48:10+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2024-02-06T10:21:34+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/static.africa-press.net\/ghana\/sites\/18\/2024\/02\/sm_1707201861.7197.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"720\" \/>\n\t<meta property=\"og:image:height\" content=\"435\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"cfeditoren\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"cfeditoren\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/www.africa-press.net\/ghana\/all-news\/emission-levy-to-increase-cost-of-electricity-ceo-of-independent-power-generators-ghana#article\",\"isPartOf\":{\"@id\":\"https:\/\/www.africa-press.net\/ghana\/all-news\/emission-levy-to-increase-cost-of-electricity-ceo-of-independent-power-generators-ghana\"},\"author\":{\"name\":\"cfeditoren\",\"@id\":\"https:\/\/www.africa-press.net\/ghana\/#\/schema\/person\/068c7ab4e9634ae78ec5d54ec46598bb\"},\"headline\":\"Emission Levy to increase cost of electricity \u2013 CEO of Independent Power Generators Ghana\",\"datePublished\":\"2024-02-06T09:48:10+00:00\",\"dateModified\":\"2024-02-06T10:21:34+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/www.africa-press.net\/ghana\/all-news\/emission-levy-to-increase-cost-of-electricity-ceo-of-independent-power-generators-ghana\"},\"wordCount\":221,\"commentCount\":0,\"image\":{\"@id\":\"https:\/\/www.africa-press.net\/ghana\/all-news\/emission-levy-to-increase-cost-of-electricity-ceo-of-independent-power-generators-ghana#primaryimage\"},\"thumbnailUrl\":\"https:\/\/static.africa-press.net\/ghana\/sites\/18\/2024\/02\/sm_1707201861.7197.jpg\",\"keywords\":[\"Africa Press\",\"Africa Press-Ghana\",\"ghana\"],\"articleSection\":[\"all news\",\"Economy\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\/\/www.africa-press.net\/ghana\/all-news\/emission-levy-to-increase-cost-of-electricity-ceo-of-independent-power-generators-ghana#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.africa-press.net\/ghana\/all-news\/emission-levy-to-increase-cost-of-electricity-ceo-of-independent-power-generators-ghana\",\"url\":\"https:\/\/www.africa-press.net\/ghana\/all-news\/emission-levy-to-increase-cost-of-electricity-ceo-of-independent-power-generators-ghana\",\"name\":\"Emission Levy to increase cost of electricity \u2013 CEO of Independent Power Generators Ghana - 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