The Volta River Authority (VRA) has started making preparations to diversify the sources of its electricity generation in order to significantly lower its carbon footprint by 2026.
The goal of the strategy is to give the authority the tools necessary to create and run ecologically friendly, economically viable, and efficient renewable energy facilities.
This is in response to the worldwide need for a coordinated strategy to address the problems posed by climate change.
At a VRA Creativity and Innovation roundtable yesterday in Accra, Chief Executive of the VRA, Emmanuel Antwi-Darkwa, stated, "We want to take 20%, accelerate it, and do it by 2026 out of the government's Renewable Energy Masterplan, which targets 2,514 megawatts of renewable energy by 2030."
The conversation was part of preparations for this year's VRA Creativity and Innovation Day, which is set for April 26.
Discussion
Theresa Randolph, the CEO of Phyto-Riker (GIHOC) Pharmaceuticals Ltd., and Abena Osei-Poku, the Managing Director of Absa Bank Ghana, were also on the panel.
Their subject was "Culture of Innovation: The Imperatives."
a smaller carbon footprint
According to Mr. Antwi-Darkwa, the program is part of the business's strategy to support the worldwide effort to cut carbon emissions.
"The goal of the world is to have smaller carbon footprints, and that's exactly what we want to achieve." "As a result, we are innovating a lot in the field of renewable energy as well as in the field of our own conventional facilities that use natural gas," he said.
According to him, the authorities wanted to use natural gas in conventional plants and implement a number of advances there as well as in the transportation sector.
"Electric vehicles are no longer things of the future, and I believe that we will have our first electric vehicle at Akosombo." "These are all part of the innovations we are bringing on board to reduce our carbon footprint," the official stated.
Innovation
Speaking further on innovation, he added that while it had always been a component of the VRA, the problem was that it had not been institutionalized such that it became a part of its organizational culture.
He acknowledged that the world had changed and that customers now had different expectations for electricity supply than they had a few years prior.
Mr. Antwi-Darkwa pointed out that a few years ago, the paradigm was how utilities functioned with regard to safety, security, operational excellence, and dependability, among other things.
The MD for Absa Ghana said that innovation and creativity were the only ways for any business to overcome challenges.
For instance, she said that the news that Barclays UK was leaving the Africa business was the key factor in igniting an innovative culture within her organization.
"We all heard it on the news; there had never been an engagement before that."
There was considerable fear at first, but very quickly the leadership team gathered and started planning ways to handle the shock.
Because of this, according to Ms. Osei-Poku, the business was able to endure the test of time and even prosper after the COVID-19 epidemic rocked the world.
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