The Institute for Energy Security (IES) has given a thumbs-up to the government’s energy sector recovery initiatives outlined in the 2025 budget statement. According to Derrick Xatse, Research and Policy Analyst at IES, the government’s plan to boost natural gas supply from 60 million standard cubic feet (mmsc) to 100 mmsc is a significant step towards enhancing Ghana’s energy security and providing cheaper power generation.
Xatse noted that this decision will have a dual impact, not only enhancing power generation but also contributing to reducing electricity tariffs. This move is expected to bring relief to Ghanaians who have been grappling with high electricity costs.
The IES’s endorsement of the government’s energy sector recovery plan is a positive development, especially considering the challenges the sector has faced in recent times. With the government’s commitment to increasing natural gas supply and the IES’s support, Ghanaians can look forward to a more stable and affordable energy supply.
GBC/Ruth Abla ADJORLOLO
