The Institute for Energy Security (IES) has made a plea to the Ghana Grid Company Limited (GRIDCo) to be more transparent in communicating the current status of the power sector.
In a statement issued by its Executive Director, Nana Amoasi VII on April 1, the IES emphasized the importance of GRIDCo providing clear estimates to the Electricity Company of Ghana (ECG) regarding the power supply that can be assured within specific time frames.
This information, according to the IES, is crucial for ECG to plan its load response effectively, with a structured timetable in place.
The IES stressed the need for ECG to focus on managing its load based on GRIDCo’s power supply and to ensure efficient revenue collection to achieve full cost recovery.
“Such an information is vital for the ECG to plan its load response with a timetable,” the IES added in a statement signed and issued by its Executive Director, Nana Amoasi VII on April 1.
Furthermore, the IES urged the Public Utility and Regulatory Commission (PURC) to extend its oversight beyond ECG and audit the upstream segment of the power sub-sector, particularly focusing on GRIDCo and export sales by the Volta River Authority (VRA).
“The Public Utility and Regulatory Commission (PURC) must look beyond the ECG to audit the upstream segment of the power sub-sector, particularly the GRIDCo, and export sales by the Volta River Authority (VRA),” it added.
This move, the IES believes, would contribute to a more comprehensive understanding and management of Ghana’s power infrastructure and operations.
See statement below: