The IMF’s April 2025 Regional Economic Outlook for Sub-Saharan Africa presents a clear warning: regional growth is slowing, debt pressures are mounting, and donor assistance is declining. Yet the report outlines critical opportunities particularly in domestic revenue mobilization, structural reform, and private sector activation that can shape a more resilient …
Cooking with electricity could make a significant contribution to achieving Sustainable Development Goal No.7 by simultaneously enabling cost-effective access to modern energy and clean cooking, and proposing the steps needed to realize this opportunity. Five case studies are presented, comparing the current and projected costs to the consumer of a …
The outbreak of COVID-19 and the wide-ranging measures needed to slow its advance triggered an unprecedented collapse in oil demand, a surge in oil inventories, and a record one-month decline in oil prices in March 2020. This paper examines the likely implications of the 2020 oil price plunge for emerging …
COVID-19 and the oil prices crash induced by it have imposed a double whammy on fuel-exporting countries in Asia and the Pacific. Compared to other countries, they are likely to experience greater economic weaknesses, as they face not only slowdown in economic activities, but also revenue shortfalls, deteriorating export earnings …
According to the latest cost data from the International Renewable Energy Agency (IRENA), the global weighted-average levelised cost of electricity (LCOE) of utility-scale solar photovoltaics (PV) fell 82% between 2010 and 2019, while that of concentrating solar power (CSP) fell 47%, onshore wind by 39% and offshore wind at 29%, …
A fuel price cut by India’s central government from October 2018 to June 2019 resulted in subsidies of INR 26,957 crore (USD 3.9 billion) for gasoline and diesel. This far overshadowed funding for the government’s flagship electric vehicles (EV) subsidy program of INR 10,000 crore (USD 1.4 billion) over three …
This overview presents a selection of data from the second release of the World Energy Prices database of the International Energy Agency (May 2019). This database includes annual energy prices data for more than 120 countries, for gasoline, automotive diesel, electricity and other products.
The GIZ Fuel Price Report 2018/19 presents fuel prices for 179 countries. This biennial study is conducted by GIZ on behalf of the Federal Minstry for Economic Cooperation and Development (BMZ) and represents the most comprehensive dataset on fuel prices worldwide. This year's report marks the 20th year jubilee of …
The economic situation in Zimbabwe is getting worse, as trade unions and protesters call for a three-day strike. It came after the cost of petrol and diesel more than doubled on Sunday. Two people were reportedly shot in the capital, Harare, as demonstrators barricaded roads and set tires on fire. …
Draft tariff regulations (2019-24) are positive for regulated utilities as base RoE remains unchanged at 15.5% (our expectation: cut to 14%). Key overhang of cut in RoE is behind company – a major positive. Negative impact of decapitalisation of assets beyond useful life (>25 years) from ‘gross to net basis’ …
In exercise of power conferred under Section 178 of the Electricity Act, 2003 (the Act), the Commission has prepared the draft notification of Central Electricity Regulatory Commission (Terms and Conditions of Tariff) Regulations, 2019 for the tariff period commencing from 1.4.2019.
Major oil and gas exporters have weathered many upheavals in recent decades but a renewed commitment to reform and economic diversification will be vital to cope with the changing dynamics of global energy. These include rising production from new sources such as shale, uncertainties over the pace of oil demand …
Adoption of liquefied petroleum gas (LPG) as a clean cooking solution is lagging behind Kenya's 2030 development goal, despite several government initiatives along the LPG value chain. Until now, the government's strategy focused on reducing the cost of LPG and increasing its use among lower-income Kenyans. Sustainable uptake may be …
Farmers have decided to hand over keys of their tractors to the local authorities at Samrala in a symbolic protest over the rising diesel prices on Tuesday. BKU chief BS Rajewal said: “Diesel is one of the major inputs in farm operations and despite tall claims by the government, no …
Energy prices are a significant part of our domestic expenditures, play an important role for industrial competitiveness and influence energy consumption patterns. End-use prices -paid by final consumers- are affected by movements in commodity markets as well as policy decisions. As countries move away from regulated pricing, monitoring energy end-use …
Although the global economy is projected to remain strong in 2018, a new report by Economist Intelligence Unit (EIU) estimates high levels of risks that either come from smaller regional hotspots, or are global in nature. “With favourable economic picture appears to come from a completely different world to the …
The global economy is in a broad-based cyclical recovery. Investment, manufacturing and trade are on the rebound. Financing conditions are benign, monetary policies are generally accommodative, and the worst impacts of the recent commodity price collapse have begun to dissipate. However, the global economic outlook remains clouded by a number …
The implementation of fuel surcharges has been strongly advocated by the Union Government as a measure to alleviate the financial predicament of DISCOMs. In this context, the report studies the various processes, methodologies, and practices across states to determine, levy, and recover fuel surcharges. Fuel surcharges which are typically levied …
In November 2015, the leaders of Asia-Pacific Economic Co-operation (APEC) economies, reaffirmed their landmark 2009 commitment to “rationalize and phase out over the medium term inefficient fossil fuel subsidies that encourage wasteful consumption while recognizing the importance of providing those in need with essential energy services”. Reforming fossil fuel subsidies …
Investing in more gas will lock in high electricity prices and pollution for decades to come. The new report, ‘Pollution and Price: The cost of investing in gas,’ shows that tackling climate change and protecting Australians from worsening extreme weather requires electricity system to produce zero emissions before 2050. Gas …
India ranked 87th among the surveyed 127 countries on a Global Energy Architecture Performance Index (EAPI) released as part of report of Geneva- based World Economic Forum (WEF). EAPI is a composite index developed by WEF in collaboration with Accenture Strategy. It focuses on tracking specific indicators to measure the …
