Question

How should we define energy economics in this course and why? Why are you interested in energy economics? Does ghana face an energy problem if so what is it

Answer 1

Energy economic is related to demand and supply market of energy ,studying energy commodity and enrgy consumption pattern ,renewable energy and it's market, utilization of different type of energy and it's consequences , impact of energy using on environment.

Interested:

To know future requirements as well as clean energy in the future and there supply demand Market, consumption pattern of energy bin future and their impact on environment. Commodity and exchange of energy and their Price for consumer at each levels of development and their sustainability for consumers ,thats why we have to know about energy economy.

Yes recently ghana faced energy problem Related electricity supply side problem due to corruption ,lack of power reform. Ghan is generating enough electricity to afford exporting to other countries,Ghana is in an energy crisis, with unpredictable power supply to industries and homes generated due to lack of knowledge of energy economics principles.