Ghana seeks to reconcile energy transition and consolidation of public finances, in a sector marked by expensive overcapacities for the State.

Ghana plans to attract new investors in solar and wind power by avoiding contractual constraints, in order to guarantee clean, affordable and financially sustainable energy. Despite a recognized solar and wind potential, Ghana is still struggling to attract private capital in its renewable projects. In question, a frame contract still constrained by the reforms carried out by the State on power purchase contracts (PPAs), in order to improve the governance of its energy sector, reduce maintenance costs and “avoid worsening the excess capacity burden.”

In reality, the Ghanaian electricity grid has Effect already of a supply margin that is around 2000 MW higher than demand peak recorded in 2022 (3469 MW). This situation leads to losses. technical, commercial and recovery estimated at nearly 40% of the energy produced, representing more than 25 million USD in monthly revenue loss. According to the Ministry of Finance, Electricity Debts Company of Ghana (ECG) towards independent producers rose in 2024 at 1.73 billion USD.