The Institute for Energy Security’s (IES) Executive Director, Nana Amoasi VII, issued a warning that Ghana’s electricity situation is expected to deteriorate by 2025. This alert is issued in the midst of persistent problems with power outages, referred to locals as “dumsor.”
The warning comes after Monday, March 25, 2024, comments made by Dr. Matthew Opoku Prempeh, the Minister of Energy. In response to those who urged the creation of a load-shedding schedule, Dr. Opoku Prempeh suggested that people make their own.
He clarified that the industry is likely to collapse and that dumsor will get worse starting in 2025 due to Ghana’s constant debt growth in it. He bemoaned the fact that the managers don’t acknowledge the existence of an issue that has to be fixed.
He asserts that the only approaches to solve an issue are to identify it, own up to it, and come up with solutions.
He said that the debt of the industry is increasing every day and compared the debt in the electricity sector to automobile lubricant.
Friction arises in the absence of sufficient lubrication, causing collapse. Financial difficulties at the conclusion of the supply chain lead to general debt, which erodes the grid. Nana Amoasi VII highlighted that dumsor will continue unless these financial problems are fixed.
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