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US and Russia Lock Horns in Race to Build Ghana's Nuclear Power Plant! - Ghana's electricity generation relies on a mix of sources, including natural gas, hydropower, and renewable energy sources like solar. The country's power production mix as of 2021 consisted of approximately 68% thermal, 29% hydroelectric, and less than 3% renewables. However, Ghana has currently lost 10% of its total electricity generation capacity, and not only is the supply of clean energy insufficient in Ghana: access is also uneven. This reality, coupled with inefficiencies in electricity distribution and high demand is causing a major shortfall in power supply. That has led to frequent, prolonged power cuts Ghanaians have endured since last year. To overcome this, Ghanaian authorities are actively seeking alternative energy sources to ensure energy security and broaden electricity access for the population. Consequently, the country has turned to an interesting alternative source: nuclear power, with superpowers Russia and the USA locking horns to win the bid to build Ghana's first-ever nuclear energy plant. Before we dive into our topic today, if you haven't already, please consider subscribing to our channels and ringing the bell to be notified about all our exciting future videos.
According to multiple reliable reports, The US and Russia are competing with China, France, and South Korea to build Ghana's first nuclear power plant after the West African giant has emerged as one of several on the continent looking to nuclear power as a low-carbon source of energy as they attempt to increase access to electricity. Ghana is moving to nuclear power to supplement its current mix of hydro, thermal, and renewable energy. The country must now select between competing options, which analysts say range from large-scale nuclear power projects to small modular reactors. People familiar with the ongoing process believe the US has an advantage due to the two countries' close ties. However, another school of thought believes the Russians are favoured because the Soviet Union built a research reactor in the 1960s under Ghana's first president, Kwame Nkrumah. Ghana’s outgoing President Nana Akufo-Addo will announce the winner of the ongoing bidding process by the end of 2024, according to Stephen Yamoah, executive director of Nuclear Power Ghana, which is overseeing the project. However, Mr Yamoah revealed that the nation’s target of building the plant by 2030 would be missed because “we still haven’t settled on a vendor.” Construction, which is expected to last at least five years, will commence in 2026.
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