GHANA ENTERING PERIOD OF ENERGY INDEPENDENCE, SAYS OUTGOING PRESIDENT

President John Dramani Mahama says far-reaching interventions by the Ghanaian government and expectations of more domestic gas supplies from the country’s offshore TEN and Sankofa fields will see Ghana entering an era of energy self-sufficiency.

It has taken a lot of hard work and effort, he told Parliament Thursday in his final State of the Nation Address before handing over the reins to President-elect Nana Addo Dankwa Akufo-Addo on Saturday.

President Mahama added that fast tracking the deployment of emergency plants and speeding up the completion of ongoing plants ensured that more than 800 megawatts of electricity generating capacity was added over an 18-month period.

In addition, the Energy Sector Levy and ongoing works to restructure the legacy debt of Ghana’s power utilities had helped to stabilise the power situation, he said. The early years of this government was characterized by a crippling power crisis, President Mahama recalled.

He said the power shortages then led to a very unpopular load management programme and also hobbled the growth of the economy which affected both business and residential customers.

Many businesses had to resort to the use of generators to survive, he said.

He also said warning signals had started sounding about the danger of over-capacity and excess redundancy in the power sector. We have agreed to work with the World Bank to rationalise the addition of new plants and ensure that we achieve optimum utilisation of existing capacity, he said.

Access to power under my administration has continued to increase, he said.

Ghana has one of the highest accesses to electricity estimated to be above 80 per cent currently.

Additional pending electrification programmes like the China Water Company and the Hunan Energy projects will bring even more communities onto the national grid.”

Source: NAM NEWS NETWORK

   

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