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Energy has become the driving force for national infrastructure development, including the socioeconomic development of every society. Ghana, like many other African countries, formulated developmental policies to attain middle-income status in the medium term. Socioeconomic growth comes with an upsurge in electricity consumption. Ghana seeks to use industrialization to achieve its middle-income target. To achieve this target, there is a need to develop a reliable, sustainable and affordable energy supply in a benign environment. The entry point for Ghana to become a middle-income economy is a cost-effective and reliable electricity supply. Ghana is endowed with fossil fuel, hydro and renewable resources to drive its industrial ambitions, but the indigenous gas fields feeding some thermal plants for electricity production are decreasing and could run out by early 2030 unless new fields are discovered and may also be affected by price volatility. The untapped hydro resources are also small and unreliable if the country seeks to become a middle-income country. Despite the abundant renewable resources, they are intermittent and do not present a baseload option. In safeguarding Ghana’s energy security, the country seeks to include nuclear energy into her energy mix. This research paper discusses the major drivers for nuclear energy inclusion. |
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