Singapore Eyes Nuclear Power as Iran War Exposes Its Import Problem
AI Summary
Singapore is weighing nuclear power and other domestic energy options as elevated oil and gas prices linked to the Iran war expose its dependence on imports. The country faces limited land for new infrastructure despite substantial energy needs, making energy-dense generation options attractive.
Singapore is in an energy pickle. The island nation is still reeling from high oil and gas prices driven by the war in Iran, and is scrambling to build up alternative and indigenous energy sources. The problem is that there’s almost nowhere to build it. As the second-most densely populated country in the world (after Monaco), Singapore has an enormous need for energy and problematically scarce land parcels on which to develop it. Because of these parameters, Singapore needs to look toward the most energy-dense energy production options, leading…