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

The New GH¢1 Fuel Levy On June 3, 2025, Ghana's Parliament passed the Energy Sector Levy (Amendment) Bill, 2025, introducing a GH¢1 levy on each litre of petroleum products . This decision aims to generate additional revenue to address the nation's escalating energy sector debt and ensure a stable power supply. The Finance Minister, Dr. Cassiel Ato Forson, emphasized that the energy sector's total indebtedness stood at US$3.1 billion as of March 2025, with an estimated US$3.7 billion required to fully clear this debt and an additional US$1.2 billion needed to procure essential fuel for thermal power generation throughout the year .  Read about the potential of alternative forms of energy that may help reduce Ghana's over-dependence on thermal plants  Duration and Sustainability of the Levy The levy is projected to generate an additional GH¢5.7 billion annually. While the government assures that the impact on ex-pump prices will be mitigated by the Ghana Cedi's s...