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It is the official goal of Ghana energy industry to have 10% of Ghana's energy mix come from renewable sources (not counting large-scale hydropower) by 2015 or at the very latest by 2020. [23] Ghana has Class 4-6 wind resources at locations of the high wind areas – such as Nkwanta, the Accra Plains, Kwahu and Gambaga mountains.
The goal of Ghana regarding bio-energy, as articulated by its energy sector policy, is to modernize and examine the benefits of bio-energy on a sustainable basis. [57] Biomass is Ghana's dominant energy resource in terms of endowment and consumption, with the two primary bio-fuels consumed being ethanol and biodiesel . [ 57 ]
The Bui Dam is a 400-megawatt (540,000 hp) hydroelectric project in Ghana. It is built on the Black Volta river at the Bui Gorge, at the southern end of Bui National Park. The project was a collaboration between the government of Ghana and Sino Hydro, a Chinese state-owned construction company. Construction on the main dam began in December 2009.
The reservoir is expected to provide irrigation water to an estimated 25,000 hectares (62,000 acres) of agricultural land. It will also supply drinking water to populations living downstream of the infrastructure. In addition, the dam will host the Pwalugu Hydroelectric Power Station, with generating capacity of 60 MW (80,000 hp). [1]
As of March 2021 for projects starting generating electricity in Turkey from renewable energy in Turkey in July feed-in-tariffs in lira per kWh are: wind and solar 0.32, hydro 0.4, geothermal 0.54, and various rates for different types of biomass: for all these there is also a bonus of 0.08 per kWh if local components are used. [126]
Ghana, the world's second biggest cocoa producer, became an oil producer in 2010. Output is currently around 132,000 bpd of crude oil and about 325 million standard cubic feet per day of natural gas.
In May 1960, the Ghana government called for tenders for construction of the hydroelectric dam. In 1961, an Italian consortium, Impregilo which had just completed the Kariba Dam , won the contract. In 1961, the Volta River Authority (VRA) was established by Ghana's Parliament through the passage of the Volta River Development Act.
The minister for energy and petroleum is the head of the ministry and is directly accountable to the President of Ghana. The position is politically appointed and approved by parliament of Ghana. The current minister is John Abdulai Jinapor who succeeds Herbert Krapa under the Nana Akufo-Addo administration government.