Ghanaian energy storage companies exporting

Since 2007, Ghana has become an electricity exporter and since 2011 an exporter of crude oil, and natural gas, and a generator of electricity by thermal energy, hydropower, solar energy and renewable energies since 2012.

Ghana's thermal power generation is fueled largely by natural gas, but occasionally uses light crude oil and diesel. Ghana exports power to Togo, Benin, and Burkina Faso. The Government of Ghana remains heavily involved in the energy sector, with state entities having a controlling presence in the value chain.

Long delays in payments to power producers are a significant concern in the sector as the government pays for the subsidy from the national budget. Debt within the energy sector, coupled with the high cost of power in Ghana, creates a brake on Ghana's economic development.

Ghana's energy sector is such that the government is involved in the processes of energy production, distribution, and trade. Energy is sourced from both renewables and fossil fuels, which form the basis of the electricity supply and consumption in the country.

Ghana's energy sector has significant debt because of years of accumulated financial shortfalls from power pricing that does not recover full cost, although residential and business electricity consumers consider tariffs to be high.

The final leg, distribution, is mainly controlled by the state-owned entities Electricity Company of Ghana (ECG) and Northern Electricity Distribution Company (NEDCO). A private entity, Enclave Power Company, plays a minor role in the distribution chain.