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Sustainable Energy To Boost Ghanaian Industrial Sector---According To Rosatom

Economy & Investments Sustainable Energy To Boost Ghanaian Industrial Sector---According To Rosatom
NOV 17, 2017 LISTEN

Russian State Nuclear Energy Corporation Rosatom recently shared its best practices with participants of the Ghana Industrial Summit and Exhibition (GISE 2017) conference, which embraced international experts and high-level governmental officials. The company took the stage and explored opportunities for Ghana to boost its energy security through diversification to guarantee sustainable social and economic growth.

“Nuclear energy development is an essential aspect of the solution for Ghana to deal with its current energy shortfall which represents a considerable impediment for the country to reach its ambitious goals laid out in its National Development Plan (NDP). Nuclear energy and technologies are able to give an impetus to Ghanaian industrial and infrastructure development,” mentioned Viktor Polikarpov, Rosatom Vice-President for Sub-Saharan Africa. “Rosatom welcomes the country’s plans to develop its atomic programme and is open to assist Ghana in its nuclear endeavors”, continued Polikarpov.

During discussions and technical sessions experts agreed that nuclear energy has a future in the Ghanaian energy mix, as country’s existing overdependence on hydro and thermal power plants can’t meet growing demand from households and business. Ghana’s annual energy demand is set to grow by 10 to 15 % and unfortunately supply generally does not meet this rapidly growing pace.

The expanding industrial sector, rapid urbanization, the growth of the middle class, and growing incomes, together with overall population growth (roughly 2 % per annum), have altogether become major drivers of increasing electricity demand.

A delegation of Rosatom representatives from various fields of expertise demonstrated the company’s solutions for nuclear power development for emerging countries. The presenters focused on various topics relevant to Ghana, including; localization, skills development, technology transfer as well stakeholder engagement among others.

All Rosatom innovations and technological developments were on display at a custom stand open to all visitors. All participants were able to become familiar with nuclear innovations through the company’s innovative virtual tour of one of Russia’s Nuclear Power Plants (NPP).

“In order for Ghana to achieve a balanced energy mix, the country should consider all available sustainable sources of energy. Solar, wind, hydro and nuclear power complement and reinforce one another to form a «green square», which will essentially become the base for the world's future carbon-free energy mix. A sustainable energy mix with the inclusion of nuclear power will contribute immensely to the national economy and will make local business more competitive and attractive on the global market,” concluded Polikarpov.

Ghana Industrial Summit and Exhibition - one of the key industrial event embraced international experts and high-level governmental officials. Event is being organized by the Association of Ghana Industries (AGI) in collaboration with the Ministry of Trade & Industry.

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