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Energy ReportsVolume 6, November 2020, Pages 107-115

Nuclear energy for sustainable development: SWOT analysis on Ghana's nuclear agenda(Article)(Open Access)

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  • aDepartment of Nuclear and Renewable Energy, Ural Federal University named after the first President of Russia Boris Yeltsin 620002, 19 Mira Street, Ekaterinburg, Russian Federation
  • bNational Research Tomsk Polytechnic University, Lenin Avenue, 30, 634050, Tomsk, Russian Federation

Abstract

The development of clean and sustainable energy around the world has become a necessity as a result of the negative effect energy generated from fossil fuel have on the environment. Ghana intends to add nuclear power to its generation mix by 2029. This paper uses the SWOT analysis tool to assess the internal strengths and weaknesses as well as the external opportunities and threats in the country relative to its nuclear power program. We found out that despite the country's effort towards meeting the requirements for the licensing, contracting, construction and operation of the facility, there are still some important loopholes which could delay the process. The research found out that Ghana has a lot of strengths and opportunities that makes an investment in nuclear power an economically viable option. However, issues such as porous security system, corruption, porous borders and policy discontinuity due to changes in political power are threats to the smooth implementation and operation of a nuclear power plant. The research therefore recommended to the government of Ghana to pay critical attention to some of these loopholes. We also looked at a particular weakness which is financing and provided some funding options for its development. © 2019 The Authors

Author keywords

Financing modelGhanaNuclear power plantSustainable energySWOT analysis

Indexed keywords

Engineering controlled terms:EconomicsEnergy conservationFossil fuel power plantsFossil fuelsNuclear energyNuclear fuelsNuclear power plantsSustainable development
Engineering uncontrolled termsEconomically viableFinancing modelGeneration mixGhanaNuclear power programSustainable energySWOT analysis
Engineering main heading:Investments
  • ISSN: 23524847
  • Source Type: Journal
  • Original language: English
  • DOI: 10.1016/j.egyr.2019.11.163
  • Document Type: Article
  • Publisher: Elsevier Ltd

  Agyekum, E.B.; Department of Nuclear and Renewable Energy, Ural Federal University named after the first President of Russia Boris Yeltsin 620002, 19 Mira Street, Ekaterinburg, Russian Federation;
© Copyright 2019 Elsevier B.V., All rights reserved.

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