LPG price parity
The GMA used Leach & Oduro (2015) and Scott et al.’s (2017) processes for comparing energy delivered to the pot to show which fuels are most cost-effective in each country. Price parity is represented by a solid line. For countries appearing above the line, it is cheaper for their citizens to cook using the fuel on the horizontal axis and for those below, the fuel on the vertical axis. Significant opportunities exist when large proportions of the population are cooking with the fuel on the nearest axis, as they would save money by switching to the fuel on the opposite side of the parity line.
However, we are going to have to revisit these in the light of the gains from Electric Pressure cookers. Read more…