Ghana has selected the United States and China as vendors for its first nuclear power plants, though no formal contract has been signed.
The U.S.-based NuScale Power and Regnum Technology Group, in partnership with Japanese firms, will construct Small Modular Reactors (SMRs), while China National Nuclear Corporation will build a Large Reactor (LR).
This was disclosed by Dr. Stephen Yamoah, Executive Director of Nuclear Power Ghana, to the Ghana News Agency on the sidelines of a media engagement in Accra Wednesday.
He said LR will have a capacity of 1,200 megawatts, while the SMRs will comprise 12 modules, each generating 77 megawatts, totaling 924 megawatts.
Dr. Yamoah said the LR would follow a Build, Operate, and Transfer (BOT) financial model with local equity participation, and the SMRs would be financed through Public-Private Partnerships (PPP).
Ghana has signed a framework agreement with the vendors, and experts are gathering environmental and oceanic data to determine the plant’s location.
Mr. Archibold Buah-Kwofi, Acting Director of the Nuclear Power Institute, underscored the need for stable and affordable electricity for national development, noting that Ghana’s energy mix relied heavily on fossil fuels and hydro, with renewables contributing just one per cent.
“We need to fast-track the adoption of nuclear power to secure our energy future,” he said, highlighting the importance of robust regulatory frameworks and skilled manpower.
Nuclear power is expected to reduce reliance on fossil fuels, mitigate climate change, and enhance energy security.
Credit: JOYONLINE