Energy Reports

Ghana energy report

Ghana energy market analysis is derived from the most recent key economic indicators, supply and demand factors, oil & gas pricing trends and major energy issues and developments surrounding the energy industry. The analysis includes a comprehensive energy market report and updated Ghana energy market data.

Ghana energy report
Update: October, 2016
Format: 2 files (PDF report, Excel file)
Pages: 37 (Report only)
Delivery: Immediate by e-mail


Ghana energy market report offers an incisive and reliable overview of the energy sector in Ghana. With a focus on oil, gas, coal and power markets, the report provides a complete picture of the country situation, dynamics, current issues and future prospects. With 2015 market data and continuous follow-up of markets news, this report brings clear and concise insights with which to tackle national energy challenges and opportunities.

  • Institutions & Energy Policy

    The Ministry of Petroleum and the Ministry of Power are responsible for the petroleum and electricity sectors, respectively. At the beginning of 2016, the Power minister was dismissed because electricity problems were not solved in 2015.

    The ...

  • Energy Companies


    GhanaNational Petroleum Corporation (GNPC) is the national oil company. The company is currently seeking US$1bn to fund its development. It aims to become an independent operator by 2021 and a world class operator in 15 years. GNPC also plans to develop an oil...

  • Energy Supply


    Oil and gas resources are located on Ghana's south-west coast and are divided in three basins: Tano (South Tano, 3-AX block, North Tano and West Tano-1 fields), Cape Three Points and Saltpond. In 2010, as a result of discoveries on the Jubilee field, there was a sharp upward re-evaluation of...

  • Energy Prices


    The National Petroleum Authority (NPA) has been unilaterally determining the prices of fuel products since 2005. The Ministry of Petroleum plans to deregulate the downstream oil sector by rescinding this right from the NPA and allowing bulk oil distribution companies to fix retail prices, but in...

  • Energy Consumption

    In 2015, total per capita energy consumption is 0.34 toe and electricity consumption is about 337 kWh/cap.

    Total energy consumption has increased by 4.8%/year since 2005 and is mostly supplied by oil (47%); the remainder consists of biomass (39%), hydroelectricity (5%) and gas (9%).

  • Issues & Prospects

    To meet its economic growth, the country is working on important projects aimed at the diversification of its energy supply through the development of the use of natural gas and the construction of power plants, while continuing to develop its hydroelectricity and oil resources.

Download the Table of Contents

In the Ghana market report you will find the graphs mentioned below:

  • GRAPH 1: CO2-energy emissions (MtCO2)
  • GRAPH 2: Installed electric capacity by source (2015, %)
  • GRAPH 3: Gross power production by source (TWh)
  • GRAPH 4: Power generation by source (2015, %)
  • GRAPH 5: Gasoline & diesel prices (US$/l)
  • GRAPH 6: Electricity prices for industry and households (USc/kWh)
  • GRAPH 7: Consumption trends by energy source (Mtoe)
  • GRAPH 8: Total consumption market share by energy (2015, %)
  • GRAPH 9: Final consumption market share by sector (2015, %)
    FIGURE 1: Offshore oil concessions
    FIGURE 2: Main power plants
    FIGURE 3: Interconnected transmission system
    FIGURE 4: Offshore oil fields

In the Ghana market report you will find follow tables:

  • Economic Indicators: Annual historical data including population, GNP growth, imports & exports, inflation rate, energy security and efficiency indicators, CO2 emissions.
  • Supply Indicators: Historical data including oil & gas reserves, electric & refining capacity, energy production, power production and external trade. All detailed by energy source.
  • Demand Indicators: Historical data includes consumption per inhabitant, consumption trends, total consumption by energy source, final consumption by energy source & sector, and, electricity consumption by sector.
  • Energy Balances: Unique tabular display of the overall energy industry balance per annum, also graphically displayed by energy sub-segment.

The Ghana market data since 1990 included in the Excel file is given below.
Historical evolution allows to easily work with the data.

2015 Key Data included in the excelsheet:

  • Economic indicators: Annual historical economic indicators, energy security, energy efficiency and CO2 emissions.
  • Supply indicators: Annual historical reserves, capacity, production and external trade (imports(+) exports(-) balance).
  • Demand indicators: Annual historical consumption per capita, consumption trends, total consumption, final consumption (per energy and per sector) and electricity consumption total and per sector.
  • Energy Balance: total and per energy.
  • Ghana Energy Prices: In addition to the analysis provided on the report we also provided a data set which includes historical details on the Ghana energy prices for the follow items: price of premium gasoline (taxes incl.), price of diesel (taxes incl.), price of electricity in industry (taxes incl.), price of electricity for households (taxes incl.), price of natural gas in industry (taxes incl.), prices of natural gas for households (taxes incl.), spot price of Brent and CO2 emissions (from fuel combustion).

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