SKB International on state visit with the royal couple

SKB International is one of around 50 Swedish companies participating in the Swedish royal couple’s state visit to Singapore.

Magnus Holmqvist with Puah Kok Keong, Chief Executive, Energy Market Authority, EMA.

Magnus Holmqvist with Puah Kok Keong, Chief Executive, Energy Market Authority, EMA.

Singapore is a country with ambitious goals to reduce its emissions and is working towards a more sustainable future. The nation has set a target to achieve net-zero emissions by 2050. As part of its efforts, Singapore is considering whether nuclear power could be an option to reduce emissions and reach its climate targets. The focus includes everything from small modular reactors (SMRs) to issues related to back-end processes and safety.

The opportunity to visit Singapore comes at a timely moment for SKB International. Last year, the company carried out a project investigating the potential for final disposal of spent nuclear fuel and radioactive waste in the country. Despite Singapore’s small geographical size—roughly half the size of the Swedish island Öland—it has both crystalline and sedimentary bedrock.

– During our previous visit, we concluded that the conditions are promising, but certain complementary studies of the bedrock, such as drilling, should be conducted first, says Magnus Holmqvist, CEO of SKB International. He, along with SKB’s CEO Stefan Engdahl, is part of the business delegation accompanying the royal couple on their state visit to Singapore.

Stefan Engdahl in conversation with Mikael Lindström, professor at KTH.

Stefan Engdahl in conversation with Mikael Lindström, professor at KTH.

In addition to participating in the delegation’s programme, Magnus and Stefan are meeting with their client, the Energy Market Authority (EMA), to discuss how SKB International can continue to support EMA.

– Today, an agreement was signed between our two countries, which includes the area of radioactive waste management. This will facilitate potential future collaborations, concludes Magnus, who has been looking forward to seeing his client and establishing new relationships.