Potential for nuclear to fill coal power gap

UOBKH Research pointed out that Malaysia is likely to consider conventional nuclear plants as opposed to small modular reactors. — Reuters

PETALING JAYA: Tenaga Nasional Bhd (TNB) may take an active role in asset ownership if the government pushes through its nuclear power plant development, according to UOB Kay Hian (UOBKH) Research.

The research house said nuclear power plants require substantial upfront capital, but this is offset by a long operational lifespan of 60 to 80 years and stable fuel prices, resulting in one of the lowest levelised cost of energy, second only to solar.