Ghana's Energy Sector Policies, Analysis With Facts And Future Projection With Machine Learning

Ghana's energy sector has been in dire crisis over the years with various policies failing to meet the requisite needs of the ailing sector. Until recently, Ghana’s energy sector was plagued by chronic liquidity and payment delays . The Electricity Company of Ghana (ECG) collected revenue but lacked a transparent system to distribute it across fuel suppliers, IPPs, GRIDCo, VRA and other stakeholders. Resulting issues included: Delayed payments : IPPs waited months for receipt of full payment, severely impacting their ability to maintain operations. Mounting debts : Outstanding invoices ballooned into the billions of dollars, with ECG accumulating arrears to IPPs and fuel suppliers alike. Unpredictable supply : The lack of regular payments triggered power interruptions and unreliable generation. Various governments attempted fixes, but the root cause remained ECG’s weak revenue collection and the absence of a structured fund distribution system. The Energy Sector Recove...