By Amoako Kwame
The Public Utilities Regulatory Commission (PURC) has revealed that plans are ongoing to ensure Ghana has enough electricity to sustain a 24-hour economy.
Speaking on Joy News PM Express show on Wednesday the Executive Secretary Dr Shaffic Suleman revealed that government was already working to improve the energy sector and underscored the need for an upgrade in capacity to support the policy
“So we have to be fast with additional capacity, President Mahama and the Minister of Energy, John Jinapor, are working towards adding additional capacity and ensuring that we have enough. So the 24-hour economy, you remember they talk about a time of use, Time of Use is basically to shift the demand for peak periods to off-peak.”
He also explained that the annual growth projection stands at 8 per cent but actual demand is exceeding that figure.
“We are now consuming more power beyond what has been projected, we are looking at an annual projection of 8% per annum, but I can assure you that we are moving. We are moving far faster than that because, as I said, base load power dynamics have changed completely. Peak load is also experiencing targets or points that we are not familiar with, and obviously, the economy is growing, so we need power.”
Meanwhile government has allocated GH¢15.2 billion to address accumulated energy sector shortfall payments and earmarked an additional GH¢4.8 billion to clear legacy debts owed to Independent Power Producers in 2026.
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Source:
www.gbcghanaonline.com