x

Energy Ministry Engages Stakeholders on Draft Energy Policy

The Ministry of Energy on March 28, 2018 engaged various stakeholders in the Greater Accra and Volta Region in Accra to discuss a new and overarching National Energy Sector Policy for the country.

The policy which will provide the framework for guiding operations within Ghana’s energy sector aims at ensuring a fair balance between the aspirations of Government and the interests of industry players, academia, local communities, civil society and other key stakeholders.

Delivering the opening remarks, Minister for Energy, Hon Boakye Agyarko indicated that important changes in both the domestic and external energy scene necessitated the need to develop a new National Energy Sector Policy.

He revealed that due to these developments in addition with government’s focus for the sector, the Ministry, as part of preparations towards last year’s Ghana Energy Summit, put up an expert group to draft an Energy Policy to address issues relating to the future of Energy in Ghana.

According to the Energy Minister, the policy makes provision for both present and future state of Ghana’s energy sector. “The draft National Energy Policy looks at the energy situation in its present form and where we want to go in the near future taking into account our medium term development goals as well as the UN Sustainable Development Goals (SDGs) all of which energy is the key driver” he said.

To ensure inclusiveness in the final policy, Mr. Agyarko emphasized that the Ministry has already engaged stakeholders in 8 regions as part of a national roadshow after segmenting the country into Northern, Middle, Southern, Western and Central zones. 

The Minister urged participants to study the document, engage resource persons at the forum and come out with useful contributions in order to enrich the policy and make it good. “The draft policy is being presented to you as key stakeholders to solicit for comments and inputs to refine the document for the final draft to be submitted to Cabinet” he stated.

It is evident that Ghana’s energy sector has chalked significant success over the past year since Government came to power. With the stabilization of the power situation and an end to ‘dumsor’, drastic reduction of electricity tariffs and reduction of the Energy Sector debts with a mechanism in place to address the debt in its entirety, Ghana’s economy is expected to continue growing since energy is vital to economic development.

The World Bank has also projected Ghana’s economy to grow at 8.3% in 2018 having achieved 7.9% growth in 2017. However, there is a need to continue expanding the country’s energy infrastructure as well as improve supply of electricity to households and industry if Ghana is to meet World Bank’s projection especially as the country’s population is currently projected to be 30 million.