• Login
NORVANREPORTS.COM |  Business News, Insurance, Taxation, Oil & Gas, Maritime News, Ghana, Africa, World
  • Home
  • News
    • General
    • Political
  • Economy
  • Business
    • Agribusiness
    • Aviation
    • Banking & Finance
    • Energy
    • Insurance
    • Manufacturing
    • Markets
    • Maritime
    • Real Estate
    • Tourism
    • Transport
  • Technology
    • Telecom
    • Cyber-security
    • Cryptocurrency
    • Tech-guide
    • Social Media
  • Features
    • Interviews
    • Opinions
  • Reports
    • Banking/Finance
    • Insurance
    • Budgets
    • GDP
    • Inflation
    • Central Bank
    • Sec/Gse
  • Lifestyle
    • Sports
    • Entertainment
    • Travel
    • Environment
    • Weather
  • NRTV
    • Audio
    • Video
No Result
View All Result
No Result
View All Result
NORVANREPORTS.COM |  Business News, Insurance, Taxation, Oil & Gas, Maritime News, Ghana, Africa, World
No Result
View All Result
Home Economy

Ghana Taps China’s CNNC, US-Based NuScale for Nuclear Power Push

7 months ago
in Economy, Energy, Features, highlights, Home, home-news, latest News
1 min read
0 0
0
91
VIEWS
Share on FacebookShare on TwitterShare on Linkedin

RelatedPosts

African Debt and Climate Change: How the ICJ’s Vanuatu Ruling Could be Used for Broader Justice

European Leagues Defend Plans to Stage Matches Abroad Amid EU Criticism

Bank of Ghana Sets Gold Coin Price at GHS 39,273 Per Ounce

Ghana Taps China’s CNNC, US-Based NuScale for Nuclear Power Push

Ghana has selected China National Nuclear Corporation (CNNC) and U.S.-based NuScale Regnum Technology as key vendors in its bid to develop nuclear energy, a move seen as a major step toward diversifying the country’s energy mix and achieving its net-zero emissions target by 2050.

The decision underscores Ghana’s push to transition away from fossil fuels and strengthen energy security amid rising demand. Government officials argue that nuclear power will provide a stable and cost-effective electricity supply, complementing the country’s existing renewables and addressing gaps in hydroelectric generation.

Financing and Strategic Partnerships

The selection of CNNC and NuScale reflects Ghana’s preference for vendors that offer financing mechanisms designed to mitigate the fiscal burden of nuclear integration. While nuclear projects require substantial upfront investment, authorities maintain that long-term costs will be competitive with hydroelectric power.

“We have exhausted our hydro potential, making nuclear a necessary next step,” said Dr. Robert Sogbadji, Deputy Director of Power, Renewable, and Nuclear Energy. “These partnerships will allow Ghana to integrate nuclear power in a sustainable manner, without undue economic strain.”

Safety and Regulatory Oversight

The project will be subject to regulatory supervision from the International Atomic Energy Agency (IAEA), with officials emphasizing that modern nuclear plants incorporate advanced safety mechanisms capable of real-time risk recalibration.

Despite these assurances, the plan has met resistance from civil society groups, including 360 Human Rights, SYND Ghana, and Earthlife Africa, which argue that nuclear energy remains costly, environmentally hazardous, and prone to catastrophic failures. Citing past disasters such as Chernobyl and Fukushima, critics question whether Ghana has the infrastructure and expertise to manage nuclear power safely.

Regional Context

Ghana joins a growing list of African nations exploring nuclear power, including Egypt, Rwanda, Sudan, Kenya, Nigeria, and Burkina Faso. With demand for reliable electricity surging across the continent, nuclear energy is increasingly viewed as a viable long-term solution, despite concerns over financing, waste disposal, and geopolitical dependencies.

While Ghana’s nuclear ambitions signal a bold shift in energy policy, success will depend on securing sustainable financing, managing public concerns, and ensuring rigorous regulatory compliance.

Tags: China National Nuclear Corporation (CNNC)Ghana Taps China’s CNNCU.S.-based NuScale Regnum TechnologyUS-Based NuScale for Nuclear Power Push

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

I agree to the Terms & Conditions and Privacy Policy.

No Result
View All Result

Highlights

Rewriting the Rulebook: Ghana’s Battle to Restore Currency Credibility

Bank of Ghana Raises GHS 836m in Short-Term Bill Auction at 24.8% Yield

Importers Urged to Use Credit Cards as BoG Tightens Foreign Currency Rules

FirstBank Prepares for 2025 Staff Engagement Empowering People, Shaping Culture, Achieving Targets

Gov’t to Overhaul Investment Law, Create 24-Hour Economy Authority in New Bills to Parliament

Ghana, Singapore Push Cross-Border Payments and SME Ties as Mahama Hails Stabilising Economy

Trending

Features

African Debt and Climate Change: How the ICJ’s Vanuatu Ruling Could be Used for Broader Justice

August 28, 2025

African Debt and Climate Change: How the ICJ’s Vanuatu Ruling Could be Used for Broader Justice African...

European Leagues Defend Plans to Stage Matches Abroad Amid EU Criticism

August 28, 2025

Bank of Ghana Sets Gold Coin Price at GHS 39,273 Per Ounce

August 28, 2025

Rewriting the Rulebook: Ghana’s Battle to Restore Currency Credibility

August 28, 2025

Bank of Ghana Raises GHS 836m in Short-Term Bill Auction at 24.8% Yield

August 28, 2025

Who we are?

NORVANREPORTS.COM |  Business News, Insurance, Taxation, Oil & Gas, Maritime News, Ghana, Africa, World

NorvanReports is a unique data, business, and financial portal aimed at providing accurate, impartial reporting of business news on Ghana, Africa, and around the world from a truly independent reporting and analysis point of view.

© 2020 Norvanreports – credible news platform.
L: Hse #4 3rd Okle Link, Baatsonaa – Accra-Ghana T:+233-(0)26 451 1013 E: news@norvanreports.com info@norvanreports.com
All rights reserved we display professionalism at all stages of publications

No Result
View All Result
  • Home
  • Business
    • Agribusiness
    • Aviation
    • Energy
    • Insurance
    • Manufacturing
    • Real Estate
    • Maritime
    • Tourism
    • Transport
    • Banking & Finance
    • Trade
    • Markets
  • Economy
  • Reports
  • Technology
    • Cryptocurrency
    • Cyber-security
    • Social Media
    • Tech-guide
    • Telecom
  • Features
    • Interviews
    • Opinions
  • Lifestyle
    • Entertainment
    • Sports
    • Travel
    • Environment
    • Weather
  • NRTV
    • Audio
    • Video

Welcome Back!

Login to your account below

Forgotten Password?

Create New Account!

Fill the forms bellow to register

All fields are required. Log In

Retrieve your password

Please enter your username or email address to reset your password.

Log In
NORVANREPORTS.COM | Business News, Insurance, Taxation, Oil & Gas, Maritime News, Ghana, Africa, World
This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy and Cookie Policy.
We use cookies to ensure that we give you the best experience on our website. If you continue to use this site we will assume that you are happy with it.