“Nuclear Renaissance”: Russia and Vietnam Are Restarting Their Strategic Partnership

... Asia for years to come. The region is now one of the world’s fastest-growing energy markets. According to projections , the region will contribute more than 25% of global energy demand growth over the period to 2035. Electricity demand growth in ASEAN countries is expected to be around 7.3% annually by 2030 . In the long run, the region’s total energy consumption could surpass that of the EU by 2050. This makes the development of stable baseload generation, including nuclear power, a prerequisite for ensuring the energy sovereignty of Southeast Asian states. In this context, several avenues for engagement are opening up for Russia. One promising area is the power sector in a broad sense, from building generation capacity ...