Expected ROI of hybrid renewable storage project in Ghana 2030

How will Ghana improve its electricity sector from 2010 to 2030?

A stronger foundation has been therefore set for further advancement in Ghana’s electricity sector from 2010 up to the moment. The aim of the government is to increase the capacity of renewable energy continuously in electricity generation with 10% of the renewable energy in the country’s energy mix by 2030 being a target.

Is solar energy a viable option in Ghana?

Ghana is a fertile ground for expanding renewable energy sector because of the abundance of the natural resources, geographical conditions and government policies which are favourable. The country is enjoying ample sunlight in the entire year and therefore solar energy is an option that is highly viable.

Why is energy demand increasing in Ghana?

An increase in demand for energy has been witnessed in Ghana like other African economies and this demand surpasses the energy supply in Ghana within the last ten years [6, 7]. Expanding renewable energy sector in Ghana has been a concern of the previous governments for some years [8, 9].

How has Ghana established its energy sector?

The results show that the Ghana Government has established its energy sector based on the definition of the key targets in line with the world trend. Ghana is equipped with a vast quantity of renewable energy potentials which include hydropower, solar, wind, and bioenergy.

How can Ghana reduce reliance on petroleum fuel?

Ghana has ability to lower the reliance on petroleum fuel through production of its own energy from sources that are renewable. If the right measures are properly taken, the potential renewable resources available in Ghana such as hydropower, solar, wind, biomass, biogas could reduce the current energy demand in Ghana by atleast 55%.

What is the solar energy potential of Ghana?

Ghana’s geographical position is within the trophic with a solar radiation range from 4.0 to 6.5 kWh/m 2 /day, with an annual period of sunlight from 1800 to 3000 h. Highest solar radiation is received at the northern part of the country. The potential of solar energy is approximated to be almost 35 EJ (Exajoules).