Korea Hydro & Nuclear Power Co., a state-owned entity from South Korea, has made a landmark move in the realm of sustainable finance by introducing green bonds for the first time in Asia. These bonds, valued at 1.2 billion Hong Kong dollars (roughly 154 million USD), are designated to finance nuclear energy projects, revealing an increasing interest from investors in environmentally friendly and sustainable energy solutions.
French nuclear fuel manufacturer Orano, a leading player in the industry, is setting its sights on new horizons to meet the growing global demand for nuclear energy. Faced with setbacks from suspended projects in Niger, due to political changes in the region, Orano is now looking to expand uranium mining operations in Mongolia, while also exploring opportunities in Uzbekistan and Canada. This article examines the strategic directions of Orano and the regional factors shaping its future growth.
The Fukushima disaster notably reshaped the approaches of countries toward nuclear energy. However, the growing threat of global warming has brought nuclear power back into the focus of global energy policies. This shift was officially addressed at the COP28 summit in December 2023, where more than 20 nations endorsed the “Triple Nuclear Potential Declaration.” This substantial announcement highlights nuclear energy as a critical component in achieving global net-zero greenhouse gas emissions by 2050.