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Rising prices of natural gas, coal spur revival of nuclear power in Asia

The embracing of nuclear energy comes after the prices of natural gas and coal, the two fossil fuels used to generate most of Asia's power, shot to records this year as Russia's invasion of Ukraine up

Photo: Bloomberg
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(Photo: Bloomberg)

Stephen Stapczynski | Bloomberg
Asia is giving the once-shunned nuclear power industry a second lease on life, thanks to the global energy crisis.

Governments in Japan and South Korea are removing anti-nuclear policies, while China and India are looking to build more reactors to avoid future supply shortages and curb emissions. Even developing nations across Southeast Asia are exploring atomic technology.

The embracing of nuclear energy comes after the prices of natural gas and coal, the two fossil fuels used to generate most of Asia’s power, shot to records this year as Russia’s invasion of Ukraine upended markets. As the world shifts

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First Published: Aug 27 2022 | 6:46 AM IST

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