News / #nuclear
This year's budget, which includes a S$5 billion energy fund and investment sweeteners for sustainability initiatives, is seen as one that will signal the future priorities for the city-state's new generation of leaders.
Several commitments have been made in 2023 to boost clean energy in the region, and observers are now looking for signs of real action. Meanwhile, solar manufacturers could be in for a bumpy ride.
COP28 president Sultan Al Jaber has urged governments to agree on global goals to triple renewables capacity and double the rate of energy efficiency improvements by 2030.
Newer, smaller reactors are potentially safer and cheaper, but there remain challenges over public support and treatment of radioactive waste.
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