Gov’t tips 2070 for full energy transition

Gov’t tips 2070 for full energy transition

The Government of Ghana has set a target of 2070 to fully transition from fossil fuels to renewable energy, according to Vice President Dr Mahamudu Bawumia.

Speaking at the 2022 Ghana International Petroleum Conference in Accra, he said even as the government is fully committed to achieving Net Zero by 2070, it also needs to make the effort to accelerate the production and utilisation of the country’s oil and gas reserves.

“What this means is that even though we want to contribute to reducing emissions, we are of the view that a balance must be struck and maintained in the context of our social, economic, and environmental requirements.

“So fossil fuels, particularly, natural gas will continue to be part of Ghana’s energy mix in the short term, whilst strategies will be put in place to increase the share of renewable energy in the mix from the medium to long term,” he said.

Africa’s total greenhouse emissions is just about 3.8% of global emissions, and West Africa Ghana contributes about 0.012 per cent to the world’s entire emissions, with just about 0.55 metric tonnes (mt) of CO2 emissions per person.

The country, like most of its counterparts which has an abundance of renewable energy resources, has only recently begun to take due advantage of its hydrocarbon resources. It, therefore, does not intend to get rushed into the wave of the ongoing global energy transition.

However, to underscore its commitment to the transition, Ghana’s Energy Ministry in December 2021 set up the Energy Transition Committee to develop a national plan –a transition layout with policy strategies –that will ensure the country’s transition is accomplished at its own pace, and in an equitable and just manner.

Meanwhile, the National Petroleum Authority (NPA) in support of government’s agenda to reduce emissions from the energy products consumed in Ghana, has reduced the Sulphur content in transport and industrial fuels.

“I’m glad to mention we were the first in West Africa to reduce the Sulphur content in transport and industrial fuels from a maximum of 5000ppm to 50ppm,” said Mustapha Hamid, Chief Executive of the NPA.

Source: Energy Ghana




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