The APEC Business Advisory Council (ABAC) Philippines and ABAC Canada announced the upcoming second roundtable to understand the nuclear energy transition on Oct. 24, 2023.
The initiative will again bring together various industry experts to address critical questions and concerns related to the transition to nuclear energy. The talks will cover the determining mechanisms for transition financing, assessing the commercial viability of nuclear energy, and exploring the potential for retrofitting and upgrading existing plants to be nuclear-capable.
“Nuclear energy is more than just power; it’s a promise of a clean, strong future where progress and care for our planet go hand in hand,” said Sabin Aboitiz, ABAC Philippines member, ABAC Sustainable Growth Working Group vice chair and president and CEO of the Aboitiz Group.
The virtual roundtable will provide a unique platform for industry experts, policymakers and leaders to engage in meaningful discussions, share innovative ideas and collectively understand and shape the future of energy.
“Since our first roundtable, Canada’s Province of Ontario announced its biggest-ever nuclear expansion. We are doubling production at the world’s largest nuclear generation station, refurbishing our oldest operating plant and working on 4 small modular reactors [SMRs]. These are the most scalable clean energy solutions to meet our growing need for electrification.” said Jan De Silva, ABAC Canada member, ABAC Digital & Innovation Working Group chair and former president and CEO of Toronto Region Board of Trade.
The second roundtable will also serve as an important preparatory platform in finalizing the ABAC Sustainability Working Group presentation about the viability of nuclear energy in the upcoming ABAC 4 meetings, which are scheduled to take place in San Francisco, USA in November.