Download - Ghana Energy Report
7/24/2019 Ghana Energy Report
http://slidepdf.com/reader/full/ghana-energy-report 1/20
Ghana Country Report
By
MAHU Seth & Obed Essandoh….
Ministry of Energy, Ghana
June 23, 2011
GHANAINVESTMENT OPPORTUNITIES INTHE ENERGY SECTOR
7/24/2019 Ghana Energy Report
http://slidepdf.com/reader/full/ghana-energy-report 2/20
- Land Area: 238,500 sq km
- Population: 24,791,073 (July
2011 est.)
-Electricity Access: 72% (2011)
-Consumption/Capita: 400kwh
- Av. GDP Growth Rate: 6.0%/yr
Major Export: Cocoa, Gold,
Timber, Bauxite,
Petroleum, etc
Overview of Ghana
7/24/2019 Ghana Energy Report
http://slidepdf.com/reader/full/ghana-energy-report 4/20
• Renewable Energy (biomass and hydro) accounts for78% of total energy consumption in Ghana.
More than 60% of electricity generated is from hydropower - Akosombo & Kpong
• The share of modern RETs (Wind, Solar PV, small-hydro, Bio-fuel) for electricity is however very negligible(<0.1%).
Biomass
72%
Hydro
6%
Petroluem
22%
Energy Consumption-2009
TOTAL ENERGY CONSUMPTION - 2010
7/24/2019 Ghana Energy Report
http://slidepdf.com/reader/full/ghana-energy-report 5/20
Generation Sources
Hydropower Thermal Power
Akosombo –1,020 MW
Kpong – 160 MW
TAPCO (Takoradi I) – 330 MW
TICO (Takoradi II) – 220 MW
Mines Reserve Plant – 80 MW
VRA Tema – 126 MW
Imports – up to 250 MW
Bui –
400 MW
Osonor Power –
126 MWAsorgli Power – 200 MW
Osagyefo Barge –
125 MWTema 2 Plant – 49.5 MW
Kpone Thermal – 223.4 MW
Takoradi III Plant – 132 MW
Electricity Supply Infrastructure
7/24/2019 Ghana Energy Report
http://slidepdf.com/reader/full/ghana-energy-report 6/20
Natural Resources in Ghana
• Mineral resources (Gold, diamond, Bauxite,
Manganese, iron ore)
• Fresh water bodies and the sea
• Arable lands for agriculture
• Forest resources (biomass, timber, game)
• Energy resources (biomass, wind, solar, hydro-power, oil & gas)
7/24/2019 Ghana Energy Report
http://slidepdf.com/reader/full/ghana-energy-report 7/20
Ghana-China Relationship
• Development of;
– Bui Hydro Electric Dam,
– The National Theatre,
– Ministry of Defense Complex
– Capacity building in SHP, etc are ample evidence of the
strong tie that exist between Ghana & China.
7/24/2019 Ghana Energy Report
http://slidepdf.com/reader/full/ghana-energy-report 8/20
Solar Resource Potential
• Daily solar irradiationlevel ranging from 4-
6kWh/m²
• Highest in the northern
half of the country• Annual sunshine
duration of 1800-3000
hours.
• Very high potential foroff-grid and grid-
connected applications.
7/24/2019 Ghana Energy Report
http://slidepdf.com/reader/full/ghana-energy-report 9/20
Wind Resource Potential
• Good to moderate potential
along the eastern costal beltof Ghana.
• Wind speed of over 6m/s
estimated at 50m.
• Wind energy potential is
estimated to be 10,406MW
(EC)
• Suitable for water pumping,
grid-connection and off-grid
applications
7/24/2019 Ghana Energy Report
http://slidepdf.com/reader/full/ghana-energy-report 10/20
Kpong
(160MW)
Akosombo(1080MW)
• Potential is about
2,420MW
• Akosombo & Kpong.(1,180MW) provide 60-
70% of electricityrequirement
• Bui (400MW) under
construction
• Remaining sites (21) withtotal capacity of about840MW are yet to bedeveloped.
Hydro Power
7/24/2019 Ghana Energy Report
http://slidepdf.com/reader/full/ghana-energy-report 11/20
ENERGY SECTOR VISION
11
Woodfuels
66%
OtherPetroleumProducts25%
LPG
1%
Electricity
8%
Energy Consumption byType in 2010
Achieve Universal Access to modern energy forms by 2020
•Ghana is predom inant ly a
woodfuel-based Energy
economy
Woodfuel30%
Other
PetroleumProducts25%
LPG
25%
Electricity
20%
Energy Consumption by Type by2020
Universal access to electr ic i ty and
high p enetrat ion of LPG to
subs t i tute for wood fuels
7/24/2019 Ghana Energy Report
http://slidepdf.com/reader/full/ghana-energy-report 12/20
• Increase access to adequate, reliable andeconomically priced modern forms of energy supply
• Diversify the national energy mix including the use
of environmentally friendly indigenous sources of
energy such as SHPs
• Ensure efficient management of the energy sector
• Ensure productive and efficient use of energy
• Promote Private Sector Participation in the energysector
• Ensure security of energy installations and
operations12
Medium Term Policy Focus for the Energy
Sector
7/24/2019 Ghana Energy Report
http://slidepdf.com/reader/full/ghana-energy-report 13/20
Energy Sector Policy Targets
• Increase power generation capacity from the current level of
2,000MW to 5,000MW and develop a non-constrainedtransmission network by 2015.
• Achieve 80% national access by 2015 and universal access by
2020
• Achieve 10% contribution of modern Renewable Energy inthe electricity-mix by 2020
• Reduce demand on woodfuel from current 66% to 30% by
2020.
• Ensure the effective & transparent management of oil andgas revenues for the benefit of present and future generation
of Ghanaians.
• Achieve 90% of local content within 10 years from the
commencement of specific energy project
7/24/2019 Ghana Energy Report
http://slidepdf.com/reader/full/ghana-energy-report 14/20
Strategies to attain 10% RE in the Electricity
Generation Mix by 2020
Energy Source ExploitablePotential(MW)
InvestmentRequirementUS$ (million)
Wind 200-300 250-400
Solar 20 100-150
Medium –
small Hydro 150 200-300Modern Biomass /waste to
energy
90 90-150
TOTAL 500MW 640-900
7/24/2019 Ghana Energy Report
http://slidepdf.com/reader/full/ghana-energy-report 15/20
Strategies for 10% RE in the Electricity
Generation mix by 2020
• Enact a Renewable Energy Law to provide the
necessary fiscal incentives for renewable energy
development by the private sector (IPP)
– Legal and regulatory framework – Feed-in-Tariff
– Obligatory purchase
– Renewable Energy Fund
• Bill has been approved by Cabinet and under
consideration by parliament
7/24/2019 Ghana Energy Report
http://slidepdf.com/reader/full/ghana-energy-report 16/20
– Support for resource assessment and feasibilitystudies for grid-connected RE systems based on
wind, biomass, small hydro and solar.
–Support for the development of RE regulatory and
pricing frameworks for grid connected RE systems
– Support for estate developer to integrate RE in real
estate buildings.
– Support for use of decentralized mini-grid and off-grid RE systems for remote communities and
Islands that cannot be connected to grid electricity
within the next 5-10 yrs
Strategies to attain 10% RE in the
Electricity Generation Mix by 2020
PROCEDURES FOR AN IPP ENTRY INTO THE GHANA ELECTRICITY
7/24/2019 Ghana Energy Report
http://slidepdf.com/reader/full/ghana-energy-report 17/20
PROCEDURES FOR AN IPP ENTRY INTO THE GHANA ELECTRICITY
MARKETIPP Undertakes Pre -feasibility study
Detailed feasibility studies to ascertain Technical Feasibility and Financial Viability of Project.
IPP interacts with relevant Regulatory Agencies, such as the Energy Commission – EC
(Licensing and Technical Regulations) and the PURC (Pricing Regulation)
IPP Identifies a Buyer or an Off-Taker ( e.g ECG or any other Bulk Customers).
IPP obtains Site clearance by Environmental Protection Agency (EPA) & EC.
IPP Obtains Environmental Permit from EPA
Concluding a Memorandum of Understanding between IPP and Off-Taker after securing
PURC’s No-Objection in principle.
IPP obtains relevant approvals of identified relief’s from Governmental Agencies such as
(GIPC), Ministry of Energy (Renewable Energy Law) and Ministry of Finance & Economic
Planning etc.
Obtaining License from the Energy Commission
IPP concludes PPA with Off-Taker
7/24/2019 Ghana Energy Report
http://slidepdf.com/reader/full/ghana-energy-report 18/20
Significant Achievements
• National access to electricity hasincreased from about 15% in 1990 to 72%
as at Dec, 2010
• Established a separate transmissioncompany and regulatory institutions in
the power sector.
• Over 5,000 off-grid rural households and
public institutions provided with solar
electricity
7/24/2019 Ghana Energy Report
http://slidepdf.com/reader/full/ghana-energy-report 19/20
• Political Stability
• Legal and Institutional Framework for Players in
the Energy Sector
• The Rule of Law• Free and Independent Press
• Transparency and Accountability
• Commitment to fight Corruption and Crime• Vibrant Private Sector
• Strong Civil Society
• Attractive Incentives to All Investors (GIPC Act) 19
Conclusion