Audio By Carbonatix
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:
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.
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.
Latest Stories
-
82-year-old man emerges overall National Best farmer for 2025
14 minutes -
Calls grow for stronger oversight as free trade and lax regulation fuel fake medicines
34 minutes -
World Cup 2026: Tuchel keeps group stage opponents under wraps, shuns Ghana
49 minutes -
Volta Region received a significant share of Big Push road projects – Mahama
53 minutes -
Togbe Afede XIV lauds government’s $10bn ‘big push’ programme for boosting farm produce transport
2 hours -
FDA urges consumers to prioritise safety when purchasing products during festive season
2 hours -
President Mahama calls for single-digit interest rates on agricultural loans
2 hours -
President Mahama urges Ghanaians in formal jobs to take up farming
2 hours -
Farming interventions paying off, lifting incomes and food security, says Agric minister
3 hours -
Gov’t pledges science-backed interventions in agriculture, says Agric minister
3 hours -
Ghana unveils $3.4bn plan to accelerate national clean energy transition
3 hours -
Interior minister urges security agencies to maximise use of new NSB regional command in Ho
3 hours -
Photos: Ghana celebrates 41st National Farmers’ Day
3 hours -
2025 Farmer’s Day: Farmers demand a 2% interest rate on loans to boost farming activities
3 hours -
Chamber of Aquaculture Ghana calls for strong public-private partnerships to unlock finance and transform the sector
4 hours