Upgrade your membership plan for the full website experience.
View Membership Plans
May 24, 2024

ASEAN Explores their Nuclear Energy Options

nuclear power
May 24, 2024

Given a generalized movement toward scientific and necessity-based acceptance of the technology, several ASEAN states have begun to lay the groundwork for the development of civil nuclear energyprograms. In the broader interest of decarbonization and in pursuit of domestic energy security and self-sufficiency, what was once seen as off-limits by ASEAN governments is not just being considered but acted upon. This is a significant and key development for U.S. energy developers with nuclear industry expertise and equipment that they now have prospects and cause to bring to Southeast Asia. National initiatives in Thailand, the Philippines, and Singapore will determine where the region's first operational nuclear powerplant will emerge and how the standards will be set for ASEAN-based reactors.

Thailand has recently issued a revised version of their national Power Development Plan (PDP) that incorporates small modular reactor (SMR) nuclear technology. Thailand’s Energy Policy and Planning Office (Eppo) has cited that while implementation policy is yet to be approved, the added benefits of reduced energy costs and willing uranium distributors from the U.S. make a compelling economic justification. Under the same context, the current Philippine administration is seeking to reinvigorate the long-abandoned Bataan nuclear plant project from the 1980’s. Similarly, Indonesia seeks to construct significant nuclear infrastructure by 2030, and Singapore aims to rapidly develop a pool of nuclear energy experts to facilitate such developments both domestically and regionally. It should be acknowledged that information-sharing and infrastructure preparation are the focus of these preliminary efforts, and no full-scale nuclear energy launch should be expected within ASEAN before the mid-2030's.  

Join the Council to continue reading this article
Enhance your business impact in Southeast Asia: Become a member of the US-ASEAN Business Council and tap into a network of possibilities.
Free Related Articles

Membership Plans

Corporate Council

Corporate membership provides general advocacy support, access to all country- and industry-specific updates, and access to most Council events.

  • Business missions to all 10 ASEAN markets which engage governments at the highest levels.
  • Off-the-record roundtables and policy briefings with senior government leaders in ASEAN and the U.S.
  • On-the-ground support for promoting your positions/policy priorities with policy makers.
  • Industry-specific, country-specific, cross-sector and regional advocacy through committees that target their engagement based on member priorities.
  • Advocacy on your behalf in situations where your company should not be directly identified or is unable to be present.

Chairman’s Council

Corporate membership provides general advocacy support, access to all country- and industry-specific updates, and access to most Council events.

  • All Corporate benefits.
  • Assistance with resolving company-specific trade or investment issues through our six regional offices and U.S.-based staff.
  • Develop effective advocacy strategies to impact policy concerns.
  • Identification of, and engagement with appropriate policy influencers to impact policy concerns.
  • Assistance in conducting follow-up after engaging government leaders (can include providing officials with additional materials, setting up meetings with their staff, getting a readout of the government’s reaction to the discussion).
  • Support for developing arguments that will resonate with target stakeholders.
  • Leading and setting the agenda and policy priorities of the Country and Industry Committees.