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Business News of Friday, 25 February 2022


Ghana ready for energy transition at a favourable pace - Deputy Energy Minister

Dr. Mohammed Amin, Deputy Minister of Energy Dr. Mohammed Amin, Deputy Minister of Energy

Deputy Minister of Energy, Dr. Mohammed Amin, has stated that whilst Ghana remains committed to the global conversation on energy transition, it must be able to do so at a pace favourable to particular circumstances.

“We will move with the rest of the world towards cleaner energy. However, we will do this at our pace cognizant of the fact that we are not as resourced as the developed countries. We simply cannot allow our God-given oil resources to become stranded when they are key to our industrialization agenda”, he declared.

Dr. Amin made this statement when he addressed the first regional town hall forum on the Ghana Energy Transition Plan at Ho in the Volta Regional Capital, Ho recently.

He acknowledged that it has become imperative that we reduce emissions from production and use of energy by replacing high emitting fuels, particularly fossils with sustainable fuels, such as renewables.

The end goal of such an effort, the Deputy Energy Minister said, is to achieve net-zero carbon emissions.

Dr. Amin noted that this effort of changing or moving away from energy produced from fossils to energy produced from renewables and other clean and high-efficiency sources is what we term energy transition.

However, the deputy energy minister, who is also the MP for Karaga, insisted that in as much as Ghana wants to contribute to reducing emissions, a balance must be struck and maintained among our social, economic and environmental requirements.

The event, which was attended by Ghanaians from all walks of life, centered around the issues confronting the country in the context of energy transition and how the country can confront its challenges and opportunities in a rapidly evolving global society.

Key amongst the participants were the Volta Regional Minister, Archibald Yao Letsa, president of the Volta Regional House of Chiefs, Togbe Tepre Hodo IV and other dignitaries from key institutions and CSOs within the region.

Further town hall engagements are expected to take place in various regional capitals in the coming weeks.

Meanwhile, Minister for Energy, Dr. Matthew Opoku Prempeh on December 21, 2021 inaugurated the National Energy Transition Committee to prepare a plan that will guide Ghana’s process.

As part of its activities, the Committee is conducting nationwide stakeholder consultations to solicit inputs from Ghanaians.

Vice President, Dr. Mahamudu Bawumia, recently launched the National Energy Transition Forum in Accra to mark the beginning of the town hall engagements nationwide.