Asia likely to experience nuclear energy resurgence, ABB says

BANGKOK -- Nuclear power is likely to experience a resurgence in Asia as the technology shakes off negative connotations and countries search for scalable and less emissions-intensive technologies than fossil fuels, according to Swiss-Swedish energy giant ABB.

"There are policies or a history or a connotation that has not always been favorable for nuclear," said Karen Bomber, chief commercial officer at ABB Energy Industries. "In parts of Europe, they had stopped investing decades ago, but now with the impact of the war in Ukraine, there is investment and interest again because it is 100% carbon free, whereas some of the other renewables are low carbon but not no carbon."