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The Philippines is moving toward nuclear power with the creation of the Philippine Atomic Energy Regulatory Authority (PhilAtom), signaling policy certainty for investors. The government targets 1,200 MW of nuclear capacity by 2032 across 15 potential sites. Officials are exploring separate auctions and multilateral financing, with U.S. backing pushing institutions like the World Bank and ADB to consider nuclear investments.
Vietnam announced plans to boost its generation capacity to 183–236 GW by 2030, requiring $136 billion in investment. The plan includes the development of nuclear power by 2030–2035, a strong focus on renewables, and transmission upgrades. The move aims to support rising electricity demand and ensure energy security.