Last week, the Ghanaian Finance Minister, Seth Terkper, emphasised that government is committed to dealing with the country’s energy woes, and aims to add over 1,053MW generating capacity in 2016 in a bid to address the energy situation.
Big investments expected
While presenting the 2016 budget speech in Parliament, Terkper stated that government is expecting investments from public and private sectors including the emergency power barges, World Bank PRG for Sankofa field, commissioning of FPSO J.E.A Mills for the TEN fields, and onset of Jubilee Gas to contribute to the positive outlook in the energy sector, Ghana web reports.
In July, the World Bank approved a record investment of $700 million for Ghana’s Sankofa Gas Project, a transformational project that aimed to assist the country address the energy shortages by developing new sources of clean and affordable natural gas for domestic power generation.
While the Tweneboa-Enyenra-Ntomme (TEN) oil field is Jubilee’s second oil field project that will be named after the late President John Evans Atta Mills.
The vessel, which would be used in collecting, processing, storage and offloading crude oil from the country’s second biggest oil field, is expected in the country by first quarter of 2016.
“In 2016, government will continue to pursue its objective of increasing the installed generation capacity of the country to meet the growing demand for electricity. In this regard, a total of 1,053MW installed capacity is scheduled to be added to the existing installed capacity of the country,” he said.
Currently, Ghana’s installed generating capacity stands at 2,800MW with peak demands estimated at 2 000MW.
However, the country is still battling with power shortages, leading to the public calling it ‘dumsor’, a term used to describe persistent, irregular and unpredictable electric power outages.
Terkper outlines detailed plans
The Minister revealed that as part of measures to address the ongoing power supply challenges, government is working on the 220MW Kpone Thermal Power Project, which he said is on course and expected to be commissioned for operations before the end of this year.
He said other projects include the 250MW Ameri plant, adding that installation works are progressing steadily.
The Ameri plant, made up of 10 power units, will be installed and hooked to gas from the Ghana National Gas Company (Ghana Gas) as its fuel.
The 10 power units, each with a capacity of 25MW, will be moved to the Aboadze Thermal Power Enclave.
Additionally, he said the 225MW Karpower is expected to be commissioned before the end of this year, while work on the 110MW TICO expansion is completed and commencement of commercial operations is expected in 2016.