According to Ghana’s energy minister, Dr. Matthew Opoku Prempeh, the country is still dedicated to developing a clean energy sector within the scope of its energy transition.
On Monday, July 17, during the opening session of the UK-Africa Industrial Decarbonisation Ministerial Tour, Dr. Opoku-Prempeh made a comment during a panel discussion on the energy sector. She noted that Ghana has made significant progress in creating a transition framework that will guarantee a just and equitable transition towards achieving net zero.
The Minister claims that Ghana has advanced its national energy policy with notable success.
He claims that this is supported by the Ministry of Energy’s strategy for a clean power industry, efforts to increase installed capacity of cutting-edge renewable energy to 10% of the energy mix by 2030, and ambitions to achieve universal access to electricity by 2024, which is now at 88.85%.
The Minister, who is also a representative for Manhyia South, said that the latter is being implemented as part of the nation’s framework for the transition to clean energy. The Minister stated that “Our energy transition framework, around which some of these risky choices are based, was created to offer a clear roadmap for achieving net zero in a just and equitable way, providing a solid foundation for the wise use of the various energy resources that God has given us.”
The Minister emphasised that the framework is being built to be investor-friendly because it offers significant prospects for strategic investment.
The Minister claims that by 2070, Ghana’s economy will be largely powered by electricity, with a future demand for energy predicted to reach 380,000 GWh and an installed generation capacity of 83GW.
A 200 million tonne reduction in CO2 equivalent emissions is anticipated, he said.
He added that new targets in important economic sectors had been added to Ghana’s Nationally Determined Contribution to the Paris Agreement, which had been amended and presented at COP26.
68 million tonnes of CO2 are the stated emission reduction goals, according to him.He urged significant investment in Ghana’s energy industry and reaffirmed efforts to make the framework for the energy transformation more welcoming to investors.
In order to bring concerns surrounding the topic to the forefront for discussion, the UK-Africa Industrial Decarbonization road show will continue in the coming days in July in Edinburgh, Leeds, and Newcastle