In the age of rapid industrialisation, the
Government of Ghana has initiated several policies for Energy Sector to meet
the current industrial and economical needs. One of the Government’s major
program is
An ‘‘Energy Economy’’ which is designed to
increase renewable energy production in Ghana and also provide electrification
to rural communities by 2020. This is one of the most crucial initiatives in
the country in regards with the fast growing economic needs.
This sector is expected to see a
substantial rise with respect to usage of renewable resources and the
inclination towards green energy of the world at large. Slowly yet steadily
countries across the globe are accepting renewable energy resources as a
sustainable energy resource, considering the fact that they are more cost
efficient and reliable in the longer run. It is probably the most suitable time
for nations across the globe to invest and use the renewable energy resources
such as wind, hydro and solar as nature provides them at abundance.
Further, steps are being taken to involve
private sector for a sustainable and efficient energy production. It is
commendable to see such a transition from lacking a proper system to
recognizing the potential of green energy in Ghana. The fiscal and other such
market barriers on energy generation through renewable resources are reduced or
removed so as to encourage sustainable energy. Recent business tie-ups in the
Energy Sector have boosted new inventions and use of technologies.
The potential of energy generation through
renewable resources is high in the regions across Ghana. The country has 2000
MW of hydropower potential and around 68 favourable sites to construct mini and
micro hydro power plants. Also, Solar Energy has the highest potential in
northern region.
Increasing the electrification rate in the
region could help energy generation through Solar Plants. Ghana’s Energy Sector
is known for its highest usage of biomass resources. Thus, there is large scope
for energy production through biomass.
Ghana, throughout the years has worked
towards developing various policies and strategies nurture the renewable
resources for efficient energy generation.
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