From The Report: Ghana 2024
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The utilities sector is expected to experience robust growth over the coming decade alongside positive macroeconomic trends. In 2022 oil comprised one-third of the country’s energy supply, followed by biomass and natural gas, with hydropower and other renewables accounting for less than 6% in total. However, Ghana is aiming for renewable energy sources to account for 10% of its overall energy mix by 2030, with a long-term goal of 150 GW of installed solar photovoltaic capacity by 2060. Ghana estimates that it will need more than $550bn in capital investment to achieve net zero by 2060, with the majority of this spending going to the transport and power sectors.

This chapter contains interviews with Benjamin Asante, CEO, Ghana National Gas Company; and Samuel Dubik Mahama, Managing Director, Electricity Company of Ghana.