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GHANA – CHINA INVESTMENT FORUM JULY 22, 2016, ACCRA. Electric Power Investment Opportunities in Ghana. BY JOHN NUWORKLO Ministry of Power – Ghana July 2016. ELECTRICITY GENERATION. Current Generation Situation Hydro Thermal Renewables Main Challenges Fuel Security Poor Hydrology.
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GHANA – CHINA INVESTMENT FORUM JULY 22, 2016, ACCRA Electric Power Investment Opportunities in Ghana BY JOHN NUWORKLO Ministry of Power – Ghana July 2016
ELECTRICITY GENERATION • Current Generation Situation • Hydro • Thermal • Renewables • Main Challenges • Fuel Security • Poor Hydrology
ELECTRICITY TRANSMISSION • Development of Wholesale Electricity Market • Construction of Higher Voltage (330kV) Transmission Lines • Building Power Enclaves • Renewable Energy Integration
ELECTRICITY DISTRIBUTION • Current Electricity Access Rate (80.51%) • Achieving Universal access by 2020 • Restructuring of Main Distribution Companies • Demand Side Management • Energy Efficiency & Conservation
RENEWABLE ENERGY • Renewable Energy Act • Incentives • Utility Scale RE generation (competitive tendering approach) • Solar Rooftop Program – 200,000 units (200MW) • Mini grid Electrification of islands and lake side communities • Decentralised Standalone Renewable Energy Systems • Solar Home systems, Solar lanterns etc. .
REGULATORY ENVIRONMENT • Role of Players (PURC, EC, EPA) • Ghana Electricity Grid Code • Renewable Energy Act • Capacity limit for Variable RE sources. • Renewable Energy Grid Code
CONCLUSION Investment opportunities exist in: • Generation System • Provision of renewable energy • Transmission system • Distribution system • Demand Side Management and Energy Conservation