The efficient management of the power sector remains significant for Ghana’s economic growth and development, and the recovery of the economy from the impact of the Covid-19 pandemic. The economy would require a stable, efficient and cost-effective power supply that would fuel economic development, support industrial growth, create jobs and anchor innovation, science and technology. To achieve these, there are significant opportunities and challenges that will require particular focus and attention of the government. To that extent, policy decisions will have to reflect an understanding of the opportunities and challenges in the power sector. In this advisory paper, ACEP reviews the sector, highlights the issues that require priority attention and proposes some critical actions that should not be missed in the policy direction of government. The issues raised in this paper will form a significant part of ACEP’s framework for tracking the government’s performance in the sector over its four-year term.