HomeLocal News$90m needed to avert looming power crisis – GRIDCo report

$90m needed to avert looming power crisis – GRIDCo report

The government urgently needs nearly $90 million to avert a looming power crisis caused by insufficient fuel supplies for thermal plants, according to a report by the Ghana Grid Company (GRIDCo). The GRIDCo report outlines that the funds are required to procure liquid fuel, such as light crude oil, to operate thermal plants in Tema and meet growing electricity demand.

The crisis stems from a generation capacity deficit following a pigging exercise conducted by the West African Gas Pipeline Company (WAPCO), which temporarily disrupted natural gas supply. The GRIDCo report details key strategies to mitigate the impact of the fuel shortage and maintain grid stability:

  1. Rescheduling Planned Maintenance: Revising the schedules for generator shutdowns to avoid overlaps with the WAPCO maintenance period.
  2. Securing Alternative Fuels: Procuring sufficient quantities of light crude oil or other liquid fuels to substitute natural gas for thermal power generation.
  3. Load Management Measures: Considering load-shedding as a last resort to stabilize the national grid in the event of severe power shortages.

The report warns that failure to act swiftly could lead to prolonged power outages, disrupting economic activities and public services. Stakeholders have called for expedited government action to secure funding and implement the recommended measures to avert the crisis.

By: Nii Larte Lartey

Benjamin Mensah
Benjamin Mensahhttps://freshhope1.org
Benjamin Mensah [Freshhope] is a young man, very passionate about the youth of this Generation. Very friendly, reliable and very passionate about the things of God and all that I do. The mission is to inform, educate and entertain. Feel free to send your whatsapp messages to +233266550849 and call on +233242645676
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