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Stock impact report

Southeast Asia Explores $200 Billion Nuclear Power Future [Yahoo! Finance]

Exxon Mobil Corporation (XOM) 
Last exxon mobil corporation earnings: 5/1 07:34 am Check Earnings Report
US:NYSE Investor Relations: ir.exxonmobil.com
Company Research Source: Yahoo! Finance
As nuclear power has seen a renaissance in many countries, except Germany, in recent years, Southeast Asia's fast-growing economies have started to draft plans to use nuclear reactors to meet rising power demand while reducing carbon emissions. While Asia, thanks to China and India, is leading global nuclear development and reactor buildout, the Southeast Asian region has yet to see its first nuclear reactor. This will probably happen at some point in the 2030s, and it's likely to be the new small modular reactor (SMR) technology that will generate the bulk of the future nuclear electricity in the ASEAN economies. Nuclear Energy Could Help Cut Coal Power Generation SMRs are believed to be simpler and cheaper to build and install. Because of their smaller size, it is possible to install SMRs on sites that are not suitable for bigger reactors. They are also significantly cheaper and faster to build than conventional reactors and can be constructed incrementally to meet the growin Show less Read more
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