Business

News

Sports

Entertainment

GhanaWeb TV

Africa

Opinions

Country

Accelerating energy transition requires technology-driven approach – Prof. Gyamfi

Electricity IPPs Ghana File photo

Fri, 9 Aug 2024 Source: thebftonline.com

Dean-School of Energy, University of Energy and Natural Resources (UENR) Sunyani, Prof. Samuel Gyamfi has highlighted that the fast-paced adaptation of technologies will be a vital determinant of the country’s energy transition speed.

The rapid evolution of technology is reshaping the way to produce, distribute and consume renewable energy. The ability of developing nations to adopt new technologies will determine their transition acceleration rate.

Speaking ahead of the 13th Ghana Economic Forum (GEF) organised by the B&FT, he stressed that key to the National Energy Transition Framework is reliable and efficient adoption of new technologies which can drive the changeover from traditional fossil fuels to renewable energy sources.

Prof. Gyamfi, an expert in energy efficiency and renewable energy, further underscored the pivotal role that harnessing the power of innovation and embracing cutting-edge technological solutions will play in expediting the shift toward a more sustainable and resilient energy system.

“Globally, about 84 percent of energy is from fossil fuels – and that brings about high emissions leading to the climate change and environmental issues experienced today. So, we need to shift; but the shift to renewable energy might not happen at the pace we expect because it requires a shift in technology.

“For instance, in terms of transport, it is over 90 percent dependent on fossil fuels and oil. So if we want to change to renewable energy, we have to change the vehicle technology system that will be able to use bio-fuels and other renewable energy forms like e-vehicles,” he said.

The Ghana Economic Forum (GEF) is an annual event aimed at fostering dialogue among key stakeholders on critical economic issues facing Ghana.

The 13th edition is under the theme ‘Unlocking Opportunities: Re-engineering Ghana’s Economic Model for Sustainable Development‘.

The GEF provides a platform for policymakers, business leaders, economists and academics to share insights, debate policy directions and explore innovative solutions to drive Ghana’s economic growth and development.

This year’s forum is particularly significant as it features keynote addresses and interviews with two presidential candidates, reflecting the intersection of economic policy and upcoming elections.

As the world faces pressing challenges related to climate change and sustainability, the pace of energy transition has become a critical focal point for experts and decision-makers.

Technology has emerged as a game-changer in the energy transition journey – from breakthroughs in renewable energy generation to advancements in energy storage and grid optimisation.

One key advantage of a technology-driven changeover is its reliability in ensuring a smooth and seamless transition. By leveraging data analytics, artificial intelligence and blockchain technologies, energy stakeholders can enhance visibility, efficiency and transparency across the entire energy value chain.

From solar panels and wind-turbines to smart meters and energy management systems, the proliferation of innovative technologies is creating new opportunities for both developed and developing nations to make significant strides toward decarbonisation and sustainability.

Embracing technology is not just a choice; it’s a necessity in today’s energy landscape. By investing in research and development, fostering collaboration between industry players and academia, and promoting policy support for technology deployment, we can accelerate the energy transition and unlock a greener future for generations to come, Prof. Gyamfi explained.

The GEF plenary session on energy, of which Prof. Gyamfi is a panellist, will explore the current state of Ghana’s energy sector, focusing on issues such as energy security, renewable energy adoption and regulatory frameworks.

Source: thebftonline.com
Related Articles: