Ghana’s energy sector is undergoing a major transformation, with thermal power rapidly overtaking hydroelectricity as the dominant source of electricity. However, this shift comes at a significant financial and structural cost.
Independent Power Producers (IPPs), who supply the bulk of thermal energy and fuel suppliers, are reportedly owed over $2.5 billion by the government — a debt burden that threatens the sustainability of the country’s power supply.
JoyNews’ Lead Data & Research Analyst, Isaac Kofi Agyei, has been breaking down the implications of this transition.
Watch the video below:
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DISCLAIMER: The Views, Comments, Opinions, Contributions and Statements made by Readers and Contributors on this platform do not necessarily represent the views or policy of Multimedia Group Limited.
