Energy & Associates Estimates that by Year’s End the Power Problem Might get Worse

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Energy  think -tank Energy and associates Ghana has noted that by the end of 2024, the demand on the nation’s power generation capacity is expected to increase.

It states that cautious resource management, an increase in the capacity of power generation, and a decrease in exports are required.

This was stated in a study released on March 20th, a Wednesday.

“Mitigating the reliance on imported fuels through the acceleration of renewable energy sources is essential,” the think-tank stated under renewable energy diversification.

“This not only addresses the currency risk but also aligns with global sustainability goals.”

Energy & Associates is calling for immediate action to address the challenges.

“The imminent power crisis by year’s end necessitates immediate action from all stakeholders.

“By addressing the gas supply challenges with technical acuity and adopting a comprehensive approach to sector reform, Ghana can pave the way for a more stable, sustainable, and prosperous energy future. This collaborative effort must be grounded in transparency, strategic foresight, and a commitment to the national interest above all.”

Energy & Associates Ghana broke down the sector’s problems and offered solutions for resolving them.

The steps included making technical and economic decisions, managing finances and currencies well, improving infrastructure and efficiency, and diversifying one’s source of renewable energy.


Source: 3news



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