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Singapore-based think tank moots nuclear inclusion in Asean Taxonomy

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Wong Pei Ting

Wong Pei Ting

Published Mon, Aug 7, 2023 · 05:00 AM
    • A warning sign seen inside the controlled area of a reactor block at German energy giant EnBw’s nuclear power plant, which was shut down earlier this year.
    • A warning sign seen inside the controlled area of a reactor block at German energy giant EnBw’s nuclear power plant, which was shut down earlier this year. PHOTO: REUTERS

    A SINGAPORE-based independent think tank has proposed the inclusion of nuclear power generation in the regional sustainable finance framework to open up financing options for such projects in South-east Asia.

    The appeal came as the Asean Taxonomy, following its update in March to include coal phase-out activities, still made no mention of nuclear activities, while the European Union (EU) Taxonomy had made provisions for them last year.

    The policy brief, published by the Centre for Strategic Energy and Resources (CSER) on Aug 1, highlighted that players in Indonesia, Thailand, the Philippines and Vietnam are exploring the development of small modular reactors (SMRs) as a way to decarbonise power grids.

    NuclearGreen taxonomy

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