At the continental and regional levels, the African Union Energy Ministers Conference (AU-EMC) in 2011 called for rapidly increasing access to modern, clean energy sources, increased regional power supplies, and securing finance and capacity for large-scale projects, as a measure to address climate change threats to reverse developmental gains. Since then, we have been working towards, inter alia, the development of Regional and National Sustainable Energy Access Road Maps to address mitigation, adaptation, regional interconnectivity, the scaling up of renewables; energy efficiency; and financing possibilities for sustainable options for increasing clean energy access in Africa.
In Ghana, Government is pursuing policies to scale-up renewable energy penetration by 10% and increase efficiency of thermal generation plants by 20% by 2030 and I am glad to inform you that we are on track to achieving them.
It is our responsible contribution to the broader ecosystem ambitions including the Paris Agreement of the United Nations Framework Convention for Climate Change. We would continue to push the implementation of both the conditional and unconditional commitments under the Paris Agreement to achieve the targets.
Our Nationally Determined Contributions actions include; increasing installed capacity of small to medium scale hydropower by 150-300 MW and solar installed capacity to nearly 1,000MW by 2030.
We are creating the right market conditions to enable the full participation of the private sector in the delivery of our energy transition goals. In 2020, Parliament of Ghana amended the Renewable Energy Act 2011 (Act 832) to make it relevant to the needs of the time.
To ensure that we remain committed to our renewable energy portfolio standards, we have completed a comprehensive National Renewable Energy Master Plan (REMP) with a comprehensive strategy for implementation. As the Minister and a Member of Parliament, I would ensure that the country’s renewable energy master plan is given the legal teeth and implemented to the letter.
Ghana and Africa for that matter should be committed to developing and ensuring a reliable high-quality energy service sector to propel the transformation and industrialization agenda of the Continent through the formulation, implementation, monitoring and evaluation of smart energy sector policies. Within the context of our energy sector vision, our goal should be geared towards making energy services universally accessible. We must pursue energy technologies that give baseload power in an environmentally friendly and cost-efficient manner to accelerate the national, regional and continental industrialization agenda.
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