Ghana showcases energy sector reforms at OGP global summit

Deputy Minister for Energy and Green Transition, Richard Gyan-Mensah, highlighted Ghana’s energy sector reforms during a side event organised by the Energy for Growth Hub at a high-level panel of the Open Government Partnership (OGP) Global Summit in Spain.

The event brought together global leaders, policymakers, civil society actors, and energy experts to discuss how transparency in clean energy contracting can advance climate goals while driving sustainable economic development.

In his remarks, the Deputy Minister outlined Ghana’s recent strides toward greater transparency in the energy sector, including the Energy Commission (Planning and Competitive Procurement of Additional Electricity Generation Capacity) Regulations, 2025 (L.I. 2508), which mandate that all new power generation projects be procured through competitive bidding.

“L.I. 2508 marks a significant turning point in our power sector governance. It ensures transparency, enhances value for money, and strengthens public confidence in our power purchase agreements. Transparent, well-structured power transactions are key to unlocking affordable and reliable electricity for all,” he said.

Government tightens energy sector rules with competitive bidding requirement

He also emphasised Ghana’s unique approach to restructuring legacy Power Purchase Agreements (PPAs).

He noted that the government’s renegotiation team was chaired by a seasoned civil society leader, a move designed to reinforce accountability and protect the public interest throughout the process.

“Having a respected civil society leader lead the PPA renegotiation process signaled our seriousness about transparency and fairness. It was not just a government exercise; it was a national one. The renegotiations have already delivered improved contract terms and are expected to reduce the long-term costs of electricity generation,” he stated.

The Deputy Minister further called on global partners to support reform-driven countries like Ghana with the tools, financing, and technical assistance needed to sustain transparency and climate action.

Ghana’s contributions were well received, with international participants commending the country’s leadership in energy sector reform and contract disclosure.

SP/MA

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