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