Clean energy for Southeast Asia
Proven, zero-carbon nuclear power for the ASEAN region.
700 million people. The world's fastest-growing digital market. We're building safe, reliable, affordable nuclear power — starting in Indonesia.
The need
An urgent need for clean power in Southeast Asia.
Southeast Asia (ASEAN) has 700 million people and 5% annual GDP growth. Electricity generation will reach 900 GW by 2050 — but the grid is still about 70% coal-fired today.
Demand in Indonesia
Data centers and heavy industry need carbon-free power now.
The data-center race has begun
ASEAN adds 125,000 new internet users every day — the world's fastest-growing digital market. The Riau Islands of Indonesia, such as Batam and Bulan just 20 km off Singapore, are positioned to become the next data-center hotspot after Singapore restricted new in-country capacity.
And today's data users expect data centers to run on carbon-free electricity.
Metals processing is a massive electricity user
Exporting high-value processed metals is a strategic priority for Indonesia's economy. Smelters in Morowali (nickel), West Kalimantan and Bintan (aluminium) and Sumbawa (copper) consume enormous amounts of power — demand at Morowali Industrial Park alone reportedly reached 7 GW in 2023.
Today that electricity comes largely from captive coal plants, with gas (CCGT) on the way.
Leaders committed
Indonesia's leaders are committed to nuclear.
The National Electricity Master Plan 2023–2060 (RUKN) draft, released by the Ministry of Energy & Mineral Resources (ESDM), projects 16.5 GW of nuclear power by 2040 and 26 GW by 2050.
ESDM plans nuclear power in Kalimantan, Bangka, Java, Sumatra and the eastern islands of Indonesia. Planned inter-island transmission lines add flexibility in siting power plants.
Our plan
Developing nuclear power in Indonesia and beyond.
- Our plants are proven, safe, zero-carbon, reliable (90%+ availability) and affordable.
- OCE's entry point to ASEAN is Indonesia, where the government targets 54 GW of nuclear by 2060.
- All major Indonesian political parties support nuclear power; public support is 70%.
- We plan to start construction of the first plant in Indonesia in 2028.
- We will commence supplying electricity before 2035 — then replicate across ASEAN.
- A disciplined, replicable model built on world-class, already-licensed technology.
Proven technology
Proven technology. Proven success.
We select proven nuclear technology from world-class vendors to build our plants in Indonesia, so the performance, schedule and cost of our projects are well understood.
APR Technology
Generation III+ reactor with performance and economics proven by the Barakah project in the UAE.
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ACP Technology
Generation III+ reactor with performance and economics proven across multiple projects.
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CANDU Technology
Builds on proven CANDU® technology with modern safety and technical advances.
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Our team
Decades of proven nuclear delivery.
We bring deep experience in nuclear project execution, infrastructure financing and government relations to every project — ensuring disciplined delivery and repeat success.
Kun Chen
International nuclear executive with deep experience in project development, regulatory licensing and reactor deployment across Asia, North America and Europe. Track record leading first-of-a-kind nuclear projects and multinational engineering teams.
Robert Fernstrom
35 years of investment banking, debt-equity capital markets and project finance across Asia, Africa, Europe and North America.
Johan Margono
30+ years in cross-border investments — capital raising, debt and equity management — across private equity, asset management, trade finance and information technology.
Myung Seob Shim
20+ years in global resources risk management and commercial strategy. EPC leader for steel plants and complex industrial systems, and a cross-border strategist leading Korea–Indonesia government energy projects, JV structuring and investments.
Andrew Hart
20+ years across a wide range of transactions with strong familiarity in the East Asian market, focused on energy and resources, precious metals and EPC opportunities.
Noah Farbstein
20+ years of corporate and project finance in Asia and the U.S. — M&A advisory, project finance, high-yield and leveraged finance, fixed-income capital markets and equity derivatives.
Byun Jun Yeon
36 years at KEPCO from 1977, serving as Chief Nuclear Officer and Chief Overseas Officer. Played a key role winning the Barakah project as head of delegation, and has served on the board committees of ENEC & NAWAH in the UAE since 2021.
Park Yong Cheol
32 years at KEPCO, providing financing and equipment supply and leading public relations for Korea's nuclear power projects. Also served as international cooperation team manager for track & field at the Seoul Asian and Olympic Games.
Contact
Let's power Southeast Asia's clean future.
Singapore, 059818