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Summary
Electricity demand across ASEAN is projected to triple by 2050, rising from 1,200 TWh in 2022 to 4,300 TWh in 2050. ASEAN includes some of Asia’s fastest growing economies, including Cambodia, the Philippines, and Vietnam. Nuclear power, including small modular reactors (SMRs), offer a low-carbon solution to support industrialization and rising living standards. Based on the latest Global Market for Advanced Nuclear map from the Energy for Growth Hub and Third Way, here’s where each ASEAN member stands on nuclear readiness.
This memo is cross-posted from Energy for Growth Hub.
ASEAN Centre for Energy (ACE) is an intergovernmental organisation within ASEAN structure that represents the 10 ASEAN Member States’ (AMS) interests in the energy sector.
