Comprehensive  Ghana Oil and Gas news, information, updates, analysis


News in Brief

Ghana’s power mix to have 10% renewable sources by 2020

solarGhana’s power generation mix is expected to include 10 percent of renewable energy sources by 2020. At a SWITCH Africa green national networking forum in Accra, Environment, Science, Technology and Innovation minister, Professor Frimpong Boateng, pledged to introduce varied sources of renewable energy during his tenure. Though Ghana has committed to universal electricity access by 2020, the capacity to meet this goal depends on adequate and reliable power supply. The World Bank and the European Union (EU) have both embarked on several lending options over four decades to support Ghana’s power sector. The Wholesale Power Reliability Assessment report in 2010, estimated that Ghana loses between 2 and 6 percent of GDP annually due to inadequate and unreliable power supply; hence the need to diversify the energy mix. In pursuance of this, the 2017 Budget proposed reduction of taxes to facilitate the acquisition and use of green energy. Professor Frimpong Boateng, promised the use of alternative energy sources by the year 2020 indicating that “it’s the governments commitment to increase the percentage of alternative energy. For now I think we have the technology to harness wind energy, solar energy and biogas into the national grid.” Ghana’s energy mix currently relies very little on renewable sources. SWITCH Africa Green Project, developed and funded by the European Union is aimed at supporting African countries in their transition to an inclusive green economy. Apart from various energy sources, locally manufactured green technologies were display at the forum.

Source: 3news

Profile photo of Editor
Follow Us

Editor

Reporting Oil and Gas project was launched on 4th June 2009atTakoradi, Western Region, Ghana by Penplusbytes (PPB – www.penplusbytes.org) with the vision of providing a one stop online information and knowledge about Ghana’s oil and gas sector
Profile photo of Editor
Follow Us

Share this article

Leave a reply

Personality of the Month
  • Alhassan S. Tampuli - Ag. Chief Executive of NPA Alhassan S. Tampuli is the Acting…
Follow Us Online
Join the Discussions

Summary: Revenue mobilization from the oil sector for Agricultural production in Ghana, a myth or reality?

Agriculture, once considered the backbone of Ghana’s economy recorded a reduction of its contribution to GDP from 45% in 1992…

Responses Add your response


About Us
Reporting Oil and Gas project was launched on 4th June 2009 at Takoradi, Western Region, Ghana by The International Institute for ICT Journalism www.penplusbytes.org with the vision of providing a one stop online information and knowledge about Ghana’s oil and gas sector read more
Events Calendar
<< Jul 2017 >>
MTWTFSS
26 27 28 29 30 1 2
3 4 5 6 7 8 9
10 11 12 13 14 15 16
17 18 19 20 21 22 23
24 25 26 27 28 29 30
31 1 2 3 4 5 6
Twitter Activity Stream
Partners We are proud to be associated with:
Skip to toolbar