Advancing Inclusive Energy Sector Through Sector Reforms
The role of the electricity transmission utility in building an inclusive energy sector for a sustainable future is crucial. Sector reforms have led to the restructuring of the electricity supply industry in Ghana, promoting efficient supply of competitively priced electricity driven by private sector participation. The milestones achieved through operationalization of GRIDCo and establishment of regulatory bodies have paved the way for a well-structured electricity market framework. Emphasis is placed on achieving and sustaining reliable and fairly priced power through wholesale power sector mechanisms and the right market structure. Further, GWEM participation and the next steps involving market rules approval and stakeholder engagement are integral for the progression of the energy sector.
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Presentation Transcript
Building An Inclusive Energy Sector For A Sustainable Tomorrow Role of The Electricity Transmission Utility George S. Nipah Director, System Operations Ghana Grid Company Limited June 2022
Sector Reforms Sector Reforms The power sector restructuring programme - a vision for the efficient supply of competitively fairly priced electricity driven by the private sector participation. Implementation of the reforms has led to the re-structuring of the Electricity Supply Industry (ESI).
SECTOR REFORMS - Milestones Operationalisation of GRIDCo Establishment of EC & PURC Launch of Grid Code Commencement of Reforms 2012 2018 2005 1994 2008 2009 1997 Set up of GRIDCo Phase 1 Issue of Market Design Market Operation
Electricity Market Framework Electricity Market Framework- - Under Reforms Under Reforms GOVERNMENT OF GHANA REGULATORY: PURC & EC IPPs Kpong Bui VRA Thermals OTHERS Asogli Cen power Akosombo CENIT W A P P OPEN ACCESS TRANSMISSION GRID DISCO (NEDCo) DISCO (ECG) DISCO (EPC) END USERS BULK CUSTOMERS Eg. Valco, Mines, CEB etc END USERS END USERS
How do we achieve and sustain reliable and fairly-priced power Wholesale Power Sector Reliable Power Fairly Priced (Affordable) Power Generation Reliability Transmission Reliability Formerly the responsibility : Load Serving Entities (LSE) GRIDCo. GRIDCo is responsible for generation reliability achieve and sustain generation reliability through industry-standard capacity markets. Responsibility of GRIDCo. Achieved and sustained through cost-reflective tariffs and a fair rate of return. Effective regulation. The Right Market Structure Achieved and sustained through functional unbundling with explicit industry-standard capacity and energy markets. The right market structure assures competitive pricing of capacity and energy. 5
GWEM Participation 1 Agent: a person that represents market participant(s) A Market Participant (MP) Wholesale Suppliers: Generators Load Serving Entity (LSE): DISCO or Bulk Customer 2 6
Next Steps 1 Market Rules Approval Undertake Gap Analysis/ Systems Specification Implementation Plan 2 3 Stakeholder Engagement on Market Rules 4 System Development and Testing 5 Go Live 7
Opportunities for Renewable Development Renewable Energy Integration Open access transmission for renewable energy resources penetration Competitive pricing for renewable resources Feed-in Tariff and Embedded Generation opportunities
Gender Mainstreaming Opportunities for Operators Increased Female Dispatchers Market Participation Agents
1 THANK YOU 10
