Abhi Bhuchar On Nuclear Energy Deployment in Singapore
February 19, 2025
In Singapore’s Budget 2025 announcements, Prime Minister Lawrence Wong revealed several energy-related announcements, chief among them are plans to study the potential deployment of nuclear energy in Singapore.
Despite Singapore’s lack of natural resources and land, a report commissioned by its Energy Market Authority concluded in 2022 that nuclear energy, an established low-carbon energy source, could supply about 10% of Singapore’s energy needs by 2050.
Abhi Bhuchar, Head of Energy and Natural Resources, Asia Pacific at Oliver Wyman, shared with The Edge Singapore that technology has moved significantly in recent years to improve the safety of nuclear energy, and this has worked well in countries like France.
“However, given the scale of the financial and regulatory investment, the Singapore government is taking the right steps in evaluating nuclear and other clean energy options, and investing in infrastructure to secure clean power for Singapore,” he added.
Read the full article here (paywall).