Skip to content
Friday, 13 November 2026

The Ledger Asia

Trusted Insights. Asian Perspective.

Subscribe
Markets

Asia’s Nuclear Expansion Is Changing the Economics of Fossil Fuels

Asia accounts for 73% of nuclear generating capacity under construction worldwide, alongside substantial renewable energy expansion. The combination could reduce the operating hours of coal- and gas-fired power plants, reshaping long-term fossil-fuel demand and investment economics.

By Katherine (Kay)3 min read

Singapore, 12 November 2026 – Asia’s accelerating investment in nuclear power could reshape the long-term economics of coal and natural gas, even as the region’s electricity demand continues to grow.

A Reuters analysis published on 12 November found that Asia accounts for approximately 73% of global nuclear generating capacity currently under construction, equivalent to 66 gigawatts out of 91 gigawatts worldwide.

The region also represents 78% of the wind and solar capacity under construction identified in the analysis, totalling approximately 1,364 gigawatts.

Together, these developments raise an important question for energy markets: can electricity demand continue expanding without generating an equivalent increase in fossil-fuel consumption?

Unlock the Full Article

This article is exclusive to The Ledger Asia Subsribers / PAID members.

Subscribe to Read More

Already have an account? Log in here

Author

  • Katherine (Kay)

    Kay like to explores the intersection of money, power, and the curious humans behind them. With a flair for storytelling and a soft spot for market drama, she brings a fresh and sharp voice to Southeast Asia’s business scene.
    Her work blends analysis with narrative, turning headlines into human stories that cut through the noise. Whether unpacking boardroom maneuvers, policy shifts, or the personalities shaping regional markets, Kay offers readers a perspective that is both insightful and relatable — always with a touch of wit.