Assessing Policy Options for Increasing the Use of Renewable Energy for Sustainable Development: Modelling Energy Scenarios for Ghana
12 May 2006
This report compares the potential and cost of three national policies (renewable energy quota or REQ, public benefit fund, and clean development mechanism) to address accessibility, affordability, and import dependence issues in Ghana. Energy models found that the REQ scenario led to the largest share of renewables in electricity generation and incurred the lowest operation and maintenance costs but the highest total investment costs. The report provides guidance for undertaking similar studies.