Cambodia to build its first nuclear plant to meet power demand

21/08/2010

Nikkei reported that, to address chronic power shortages that are becoming a serious problem for both general and industrial purposes, the Cambodian government has started looking at building its first nuclear plant.

As per report, the country will work with the Association of Southeast Asian Nations on safety procedures in plant operations, maintenance and waste disposal. And despite the many challenges, including procuring funds and training personnel, the move may create business opportunities for heavy machinery makers worldwide that are seeking nuclear plant orders.

Mr Ith Prang state secretary of Cambodian Ministry of Industry, Mines and Energy said that Cambodia has begun discussing a plan to build a nuclear plant as early as 2020. While noting that coal fired thermal power will remain the nation's first choice for energy, he said Cambodia must expedite its consideration of nuclear because Vietnam and other neighbors are actively working on their own nuclear projects.

Energy demand in Cambodia has been growing by roughly 16% annually in recent years, but the country is significantly behind in expanding supplies. Because most of the nation's energy needs are met with small diesel powered generators, costs are high. Cambodia's prices for electricity are two to three times higher than those in neighboring countries, impeding foreign investment.

The government hopes that diversification of energy sources will also improve its environmental protection record. It expects that introducing nuclear power, which emits no greenhouse gases, will cut CO2 emissions nationwide.

Because the shift to nuclear requires technology and personnel with specialized expertise, the government is planning to train people, mainly by sending them abroad. To ensure safety it will enhance ties with the ASEAN, which is cooperating with the International Atomic Energy Agency and taking other measures to build an environment where assistance from outside the region will promote the peaceful use of nuclear energy.

Among ASEAN members, Vietnam, Indonesia and Malaysia are moving forward with their nuclear plans, and Singapore and Thailand are discussing the possibilities.

(Sourced from www.nikkei.com)