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

Ghana is making a significant move to reform its energy sector by introducing private sector participation in the Electricity Company of Ghana’s (ECG) revenue collection. This policy aims to reduce inefficiencies and financial losses in the system, while improving service delivery to consumers.  Background: Why This Move? The ECG has long struggled with inefficiencies—most notably, recovering only about 62% of the electricity it purchases from power producers. This has contributed to rising debts in the energy sector, currently estimated at $2.5 billion  (read about Ghana's energy sector debt) , which the government aims to reduce by the end of 2025 . What the Policy Entails This initiative is not a full privatization of ECG but a targeted partnership with private companies to manage billing and revenue collection . A recent pilot with Enclave Power Limited showed a 99% collection rate , which has inspired a wider rollout of this model. The government has stated t...