Thailand exploring small modular nuclear reactor tech: PM

Thailand exploring small modular nuclear reactor tech: PM

As Thailand looks to extend its power mix, the government is looking into small compact nuclear reactor technology, according to Prime Minister Srettha Thavisin on Friday.

At a Bangkok event held by the American Chamber of Commerce ( AmCham ), Mr. Srettha stated that “our green transition goal is one of the most ambitious in Southeast Asia,” and that we have a detailed plan in place to ensure that 50 % of energy production will be renewable by 2040.

According to the International Atomic Energy Agency, little compact units have the capability to produce roughly one-third of the energy produced by traditional nuclear power reactors.

Finance Minister Pichai Chunhavajira stated on Thursday that the government is developing a number of tax incentives to encourage a low-carbon society and promote business expense in environmentally friendly products.

He made the remarks at the Bangkok Post Conference 2024″ Greening the Prospect: ESG Leadership in the Sustainability Revolution”, held at Centara Grand at CentralWorld, Bangkok.

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