Ghana has eased its electricity crisis but not out of the woods yet, President John Mahama has said.
On the outlook for power stabilization in the West African nation, President Mahama said the energy problems has reduced significantly from last year, insisting that “we are able to match demand and supply” for now.
“Our energy challenges are not over but at least for now, we have been able to fix the problem, we are able to match demand and supply, even though we are living dangerously because our redundancy is small, not because we don’t have the generating capacity but because several of our generating assets are gas-based. We are not able to get enough gas to feed them.”
“For instance if you take the eastern generating area which is Tema, we have almost 600MW of gas-based generation but are not getting gas through the West African Gas pipeline to be able to run them. One reason is because Nigeria’s demand for gas is increasing and there is regular destruction of the gas infrastructure and so we get a certain volume today, tomorrow it drops so you cannot predict how you are running those assets,” Mahama told a meeting of the Council of State.
Ghana had a relief in December last year, as it tried stabilizing the energy sector with various expansion projects and new developments – fiscal and physical – projected over the next five years.