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

Ghanaian s are once again bracing for higher electricity bills as two of the country’s most important power institutions; the Electricity Company of Ghana (ECG) and the Volta River Authority (VRA)   seek sharp tariff adjustments from the Public Utilities Regulatory Commission (PURC). ECG has proposed a 225% increase in its Distribution Service Charge (DSC1) . VRA has applied for a 59% increase in its Bulk Generation Charge (BGC) . Individually, each hike would be painful. Together, they represent a significant escalation in the cost of electricity across the entire supply chain  from generation, through transmission, to distribution and finally to the pockets of ordinary Ghanaians. Generation Costs: The VRA Factor The Volta River Authority is responsible for producing electricity, mainly from hydro and thermal sources. Its request to raise the Bulk Generation Charge from 45.0892 pesewas per kWh to 71.8862 pesewas per kWh reflects the mounting costs of: Fuel...