Hydroelectric, Renewables

Ghana drought hurts hydro production, mining sector

6 September 2006 — The power rationing program currently being carried out by the Volta River Authority (VRA) and the Electricity Company of Ghana (ECG) due to the low inflows into the Volta Reservoir has started taking a toll on some sensitive industries of the economy. One sector that is being affected by the load-shedding program is the mining sector.

Last Friday, September 1, the VRA advised Gold Fields Ghana (GFG) to reduce its power consumption by approximately 50 percent due to the low level of water in the Akosombo Dam, which is affecting hydroelectric power generation in Ghana. GFG operates two mines in southwestern Ghana.

The mining company said it has the capacity to replace the hydroelectric generation with emergency diesel powered generators located at its mines. The monthly cost to operate this generating capacity is around US$4 million.