The 2nd edition of the Power and Energy Ghana exhibition is currently underway in Accra. The three-day expo commenced on 11th October and will run till 13th October.
The event is organized by BIG4SURE Events FZCO under the auspices of the Ministry of Energy and it is aimed at bringing innovative and trending machinery in the energy sector to Ghana to ensure Ghana can adapt in achieving energy transition as well as increase the coverage of electricity in the country.
In a speech read on behalf of the Minister of Energy Hon. Matthew Opoku Prempeh by Mr. Kwame Amoah, the director of petroleum at the ministry indicated that the President Nana Akufo-Addo-led administration, through the Ministry of Energy, remains committed to providing stable, realistically priced, universally accessible electricity as one of the cardinal pillars of its vision and continues to drive innovative solutions to meet the energy demands of a 21st-century society.
According to him, besides the Pokuase Bulk Supply Point in Accra, works have been completed on the Kasoa Bulk Supply Point (BSP), which is a 435 MWA Capacity Gas Insulated Switchgear (GIS) substation. The US$50m BSP project was funded by the Millennium Development Authority (MiDA) under the Ghana Power Compact programme.
With outstanding minor works, the project has been energized and is in operation.
Furthermore, the national transmission backbone under construction from the coast to Bolgatanga had a gap between Kumasi and Kintampo as outstanding works, which have since been completed. In addition to this is the Tema to Accra transmission line upgrade project to accommodate an increase from 161KV capacity to 330KV capacity.
Adding that, In 2022, Ghana launched the energy transition framework at Sharm El Sheikh during COP 27 and called for a partnership to accelerate its implementation which the SE4ALL and Bloomberg are supporting in the development of an investor-friendly energy transition plan for Ghana.
This, when completed, will catalyze over US$ 540 billion in investments into the clean energy space in Ghana by 2070.
“The installed capacity would reach 83 GigaWatts, comprising Nuclear 50%, Natural Gas 30%, and 20% renewable energy mix which will lead to the achievement of our net-zero goal”.
“As part of the medium-term targets, the Ministry of Energy is committed to achieving 10% renewable energy installed capacity in the national energy mix by 2030. This will help achieve our Nationally Determined Contributions commitments under the Paris Agreement,” he stated.
On the solar front, he underscored the ministry is working assiduously to achieve an installed capacity of 741.3MW out of the total of 1,350MW installed renewable capacity by 2030. Currently, 165MW installed solar capacity has been achieved.
The Deputy Director of Energy, Ing. Sulemana Abubakari at the Ministry commended the organizers for hosting such an expo in Ghana.
He emphasized the expo would enable local manufacturers to engage with international manufacturers in order to adopt innovative and trending machinery in the sector.