The Government has outlined a bold energy agenda in the 2026 Budget, positioning the sector as the backbone of Ghana’s economic transformation in the coming year.
The Budget, presented by the Minister for Finance, Dr. Cassiel Ato Forson to Parliament on November 13, emphasises major investments in gas infrastructure, renewable energy expansion, and transmission upgrades aimed at delivering stable, affordable, and reliable power to homes and businesses.
According to the Budget, government’s vision is to “power every home and every business with clean, affordable, and reliable energy,” signalling a renewed commitment to universal energy access and sustainable energy systems.
A total of GH¢1.128 billion has been allocated to the Ministry of Energy and Green Transition to support compensation, goods and services, and capital investments across the sector. In addition, payments to Independent Power Producers (IPPs) and ESLA-related expenditures will amount to GH¢19.7 billion, demonstrating the scale of financial resources required to stabilise the sector.
The government plans to deepen investments in gas processing and transmission facilities, ensuring adequate supply to support both industrial growth and power generation. Renewable energy will also take centre stage, with expansion of solar and green energy assets expected to improve sustainability while reducing reliance on thermal generation.
Transmission infrastructure is set for upgrades to reduce technical losses and improve reliability, especially for industries that have historically suffered from power instability.
The 2026 Budget reinforces government’s belief that a strong, resilient energy sector is fundamental to economic recovery and long-term competitiveness. With renewed investments and strategic reforms, the administration aims to create an energy landscape capable of supporting manufacturing, job creation, innovation, and sustainable national development.
