Power Distribution
The dam provides electricity to Ghana and its neighboring West African countries, including Togo and Benin. Initially 20% of Akosombo Dam's electric output (serving 70% of national demand) was provided to Ghanaians in the form of electricity, the remaining 80% was generated for the American-owned Volta Aluminium Company (VALCO). The Ghana Government was compelled, by contract, to pay for over 50% of the cost of Akosombo’s construction, but the country was allowed only 20% of the power generated. Some commentators are concerned that this is an example of neo-colonialism. In recent years the production from the VALCO plant has declined with the vast majority of additional capacity in Akosombo used to service growing domestic demand.
Read more about this topic: Akosombo Dam
Famous quotes containing the words power and/or distribution:
“The quality of the will to power is, precisely, growth. Achievement is its cancellation. To be, the will to power must increase with each fulfillment, making the fulfillment only a step to a further one. The vaster the power gained the vaster the appetite for more.”
—Ursula K. Le Guin (b. 1929)
“My topic for Army reunions ... this summer: How to prepare for war in time of peace. Not by fortifications, by navies, or by standing armies. But by policies which will add to the happiness and the comfort of all our people and which will tend to the distribution of intelligence [and] wealth equally among all. Our strength is a contented and intelligent community.”
—Rutherford Birchard Hayes (18221893)