Eagle Ghana
  • News
  • Entertainment
  • Sports
  • Business
  • Technology
  • Lifestyle

Type and hit Enter to search

Eagle Ghana
  • News
  • Entertainment
  • Sports
  • Business
  • Technology
  • Lifestyle
Eagle Ghana
  • News
  • Entertainment
  • Sports
  • Business
  • Technology
  • Lifestyle

Ghana Needs An Emergency Energy Plan To Avert Crisis-World Bank

July 15, 2023

The World Bank has advised Ghana to as a matter of urgency develop an emergency action plan and ensure its immediate implementation to address the challenges facing the energy sector.

According to the Bank, any delays in the implementation of such action plan amid the current crisis could derail economic growth of the country and negatively impact livelihoods.

The World Bank Managing Director of Operations, Ms Anna Bjerde made the SOS call on Ghana Friday evening at a media briefing to end her first working visit to Ghana since her appointment in April this year.

Ms Bjerde who pledged the Bank’s readiness to assist the country with technical and related support to tackle the energy sector challenges also noted that most of Ghana’s cost in the energy sector was on the generation side, therefore, there was the need for money to flow from the collection to the time of generation of electricity.

“Ghana has both financial and network losses, and if not addressed with an emergency action plan, that could cost the State more to keep the energy sector running at a time that they need to spend money on other things,” she said.

Ms Bjerde recommended that attention be paid to addressing the challenges in the metering, billing and collection systems to recoup the needed revenue, adding that, “if there’re customers that refuse to pay, you might also have to disconnect them”.

“The World Bank is providing technical advise on what needs to be done; the metering, billing and collection, and making sure that you have an account set up from, which all the revenue flows go,” Ms Bjerde.

She said that the Bank was also advising Ghana to balance electricity tariff increases, with protection of the vulnerable, and adoption of best global practices, including regulation, and Private-Private Partnerships (PPPs).

The World Bank MD of Operations called for increased collaboration among the Finance, Energy, and Gender, Children and Social Protection Ministries to have a comprehensive package for the emergency energy action plan.

“We have a lot of experiences from around the world that we can bring to bear, but most important right now, is to implement over the next few months, these emergency measures,” she said.

Mr Laporte also encouraged the government to implement robust plans and invest in renewable energy supply to produce cheap and clean energy.

GNA

       
 
      

Tags:

Ghana need emergency energy planMs Anna BjerdeWorld Bank
Follow Me Written By

christian

No Comment! Be the first one.

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Popular
Ho West MP Applauds 3-Time National Cadet Drill Champions Tsito SECTECH
1 year ago
The Silent Good; Pastor Elvis Agyemang, A Man Called By God To Serve His People
2 years ago
Andre Braugher, Star Of ‘Brooklyn Nine-Nine’ And ‘Homicide,’ Dead At 61
2 years ago
National Cathedral Board Disintegrated As Duncan-Williams And Eastwood Anaba Resigns
2 years ago
Mohammed Kudus Scores First Premier League Brace As West Ham Beat Wolves
2 years ago
Achimota’s Nightmare Tyrone Iras Marhguy Scores Straight A1s In 2023 WASSCE
2 years ago
Look At The Salary Of All Teachers In Ghana
2 years ago
Hearts Of Oak Hosts Rivals Kotoko In Kumasi This Sunday
2 years ago

Latest Stories

Mahama government deliberately plotting to use state institutions to persecute opponents of the NPP – Minority alleges
AI Needs Your Data and You Should Get Paid for It
4 years ago
This Workout Will Hit Every Muscle in Your Body
4 years ago
Sony should bring back the PS Vita for the PS5
3 years ago
EPOS H6PRO Closed Acoustic Gaming Headset
3 years ago
Creating a Full VR Experience at a Party
3 years ago
Business
business lead
Digital
Entertainment
entertainment lead
Fashion
Fitness
Gadget
Health
lead story
Lifestyle
lifestyle lead
Mobile
News
Politics
Sports
sports lead
Technology
technology lead
Top story
Travel
Recent Posts
NIB investigating Ameyaw-Akumfi for GIIF finances – Lawyer reveals
February 24, 2025
You will be paid better when the economy improves – Mahama assures workers
February 20, 2025
African countries should collaborate in building a self-reliant continent, not rely on aid – Akufo-Addo
February 20, 2025
Categories
news
Lifestyle
Technology
Business
Sports
© 2023, All Rights Reserved.