17 January 2013 – The MacBaron group is looking to develop a modular 2,000 MW combined cycle gas turbine (CCGT) and heat recovery system in Ghana. This project, known as the Ketu power plant project, is intended to be an efficient base load provider for the West Africa Power Pool (WAPP) and is intended to rapidly attain this role.
Power shortfall on the current WAPP grid is conservatively estimated at 5,000 MW. Various experts estimate that electricity demand growth in west Africa is above 5% a year and power consumption in the region is expected to double every 10 years.
The Ketu project will use regasified liquefied natural gas (LNG) as feedstock in the short to medium term, this extending up 15 years, and when the West Africa Gas Pipeline (WAGP) allows for the sourcing of gas from Nigeria in the future this will be used.
The project promoter is soliciting strategic partners and lead developers to review its concept, and develop the venture to attract international equity and debt finance for the project to progress.