The emerging economies in ASEAN are vulnerable to the impacts of climate change and are facing critical challenges in eradicating poverty and improving access to modern energy. In the quest to address energy security, industrialisation, and economic development has led to fast rising demand for coal in the region.
Renewables are receiving strong political support, but energy density, intermittency, integration cost, and impact on existing generation assets remain very difficult to be addressed in the ASEAN context. With the volatility of fossil fuel prices and increasingly uncertain geopolitical impact on the security of fossil fuel supply, ASEAN needs to look for pragmatic solutions that can offer stable, reliable, and cost-effective carbon-free energy to power sustainable economic growth.
Would small modular reactors (SMRs) and especially those in the form of floating nuclear power plants demonstrate a plausible option for ASEAN to enjoy clean energy without the need to worry about managing radioactive spent fuel and nuclear waste? What are the added opportunities from the advanced SMR technologies such as molten salt reactors beyond clean energy production?
In this webinar, we will provide a dissection on the need for SMR technologies in ASEAN, technologies currently under development, and added opportunities such as capacity building for the local industry, indigenous intellectual properties, and strategic partnership.
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