An analysis of the Ghanaian power generation sector using an optimization model
Abstract
The Ghana power sector has faced several challenges in the area of supply-demand balances alongside electricity tariffregulations, in particular during the past decade. This has had direct consequences on its ability to meet increasing demand.Other issues are expected to arise in the future, such as the introduction of carbon tax and a move to renewables to reduceatmospheric emissions. This paper addresses these issues through creating scenarios and making comparisons, whichprovide ideas on how these situations might affect the generation mix and the cost of generation. To this end a shortruncomputable model of the Ghana power generation system was developed to analyze those scenarios. The model isdeveloped in the General Algebraic Modelling System (GAMS) as a Linear Programming problem.References
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sector reform in Ghana, MIR working paper (2008).
URL http://www.gsb.uct.ac.za/files/
EnergyStalemate.pdf
[2] Ghana wholesale power reliability assessment-final report, Tech. rep.,
Power Systems Energy Consulting (PSEC) (2010).
URL http://www.gridcogh.com/site/downloads/
27a623e256c7d94a7dce43d5ef82d3e3Grid
[3] K. Zamasz, P. Saługa, Economic evaluation of the combined heat-andpower
plant development project with decision tree analysis, Rynek
Energii 2 (87) (2010) 165–170.
[4] K. Zamasz, Decision tree analysis vs. real options valuation in economic
evaluation of energy projects, Rynek Energii 2 (93) (2011) 141–
145.
[5] National energy statistics (2011), Tech. rep., Ghana Energy Commission
(2011).
URL http://www.energycom.gov.gh/files/Energy
_Statistics_2011.pdf
[6] F. Leuthold, Economic engineering modelling of liberalized electricity
markets: Approaches, algorithms, and applications in a european context,
Ph.D. thesis, Dresden University of Technology (2009).
[7] A. Goyal, Impact assessment study of adding res into the operational
dispatch of Ghana’s electricity system, Master’s thesis, KTH
School of Industrial Engineering and Management Energy Technology
EGI 2012-090 MSc EKV916 Division of Heat and Power Technology
(2012).
[8] R. Lartey, Transition from monopoly to liberalised electricity market in
Ghana: Why is the industry not attracting private investors?, Master’s
thesis, Thesis work for LLM in Petroleum Law and Policy (CEPMLP) at
University of Dundee (Scotland, UK) (2009).
[9] P. Adom, Electricity consumption-economic growth nexus: the Ghanaian
case, International Journal of Energy Economics and Policy 1 (1)
(2011) 18–31.
[10] P. Adom, W. Bekoe, Conditional dynamic forecast of electrical energy
consumption requirements in Ghana by 2020: a comparison of ardl
and PAM, Energy 44 (2012) 367–380.
[11] P. Adom, W. Bekoe, Modelling electricity demand in Ghana revisited:
The role of policy regime changes, Energy Policy 61 (2013) 42 – 50.
doi:http://dx.doi.org/10.1016/j.enpol.2013.05.113.
[12] Review of existing renewable energy resource data, energy policies,
strategies plans and projects (2009), renewable energy policy
framework for climate change mitigation in Ghana, Tech. rep., Energy
Commission-Ghana (2009).
URL http://toolkits.reeep.org/file_upload/
107010518_1.pdf
[13] Ghana Power Study, Engineering and Economic Evaluations of Alternative
Means of Meeting VRA Electricity Demands to 1985, Kaiser
Engineers, 1971.
[14] Strategic national energy plan (2006), Tech. rep., Ghana Energy
Commission (2006).
URL http://www.energycom.gov.gh/files/snep/MAIN
%20REPORT%20final%20PD.pdf
[15] State of the Ghanaian Economy in 2003, Institute for Statistical, Social
and Economic Research, University of Ghana, Legon, 2003.
[16] E. Armah, B., Economic analysis of energy sector, Tech. rep., Energy
Commission publication (2003).
[17] European union emission trading scheme (2013).
URL http://en.wikipedia.org/wiki/European_Union
_Emission_Trading_Scheme
[18] Project design document form for cdm project activities (f-cdm-pdd),
Tech. rep., A CDM project performed for Volta River Authority (VRA)-
Ghana by UNFCCC/CCNUCC on Kpone Thermal Power Project
(2012).
[19] D. Brook A., Kendrick, A. Meeraus, GAMS Users Guide release 2.54
(1992).
[20] J. Kami´ nski, The impact of liberalisation of the electricity market on the
hard coal mining sector in Poland, Energy Policy 37 (3) (2009) 925 –
939. doi:http://dx.doi.org/10.1016/j.enpol.2008.10.027.
[21] J. Kami´ nski, M. Kudełko, The prospects for hard coal as a fuel for
the polish power sector, Energy Policy 38 (12) (2010) 7939 – 7950.
doi:http://dx.doi.org/10.1016/j.enpol.2010.09.015.
[22] J. Kami´ nski, Market power in a coal-based power generation sector:
The case of poland, Energy 36 (11) (2011) 6634 – 6644.
doi:http://dx.doi.org/10.1016/j.energy.2011.08.048.
[23] J. Kami´ nski, A blocked takeover in the polish power sector:
A model-based analysis, Energy Policy 66 (2014) 42 – 52.
doi:http://dx.doi.org/10.1016/j.enpol.2013.09.040.
Published
2017-02-27
How to Cite
DIAWUO, Felix Amankwah; KAMINSKI, Jacek.
An analysis of the Ghanaian power generation sector using an optimization model.
Journal of Power Technologies, [S.l.], v. 97, n. 1, p. 15--27, feb. 2017.
ISSN 2083-4195.
Available at: <https://papers.itc.pw.edu.pl/index.php/JPT/article/view/506>. Date accessed: 22 dec. 2024.
Issue
Section
Policy, Economy and Society
Keywords
Ghana Power Sector, Scenarios, Linear Programming, Generation Cost, Emission, Sluppy-Demand Forecast & Generation Mix
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