Ghana government targets end to emergency power generation by 2030
The Ghana government will phase out all emergency power plants by December 2030 to reduce electricity generation costs and secure reliable power for industrial growth. The post Ghana government targets end to emergency power generation by 2030 appeared first on Ghana Business News .
The Ghana government has announced plans to phase out all emergency power plants by December 2030 in a bid to reduce electricity generation costs and ensure a reliable power supply for industrial growth. This strategy is part of a broader plan to expand generation capacity through state-owned thermal and solar plants, supported by battery storage, and modernise the transmission and distribution networks.
Dr Cassiel Ato Forson, Minister of Finance, revealed these measures during the presentation of the 2027 Budget Statement and Economic Policy to Parliament. The investments are expected to meet rising electricity demand and contribute to Ghana's New Economy agenda, with the goal of eliminating annual public funds used to cover energy-sector shortfalls and reducing power generation costs.
Brief written by urgent.news from Ghana Business News's own syndicated text. Machine-written — may contain errors; check the original before relying on it.
