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Manila Times Business

Marcos eyes nuclear energy to diversify PH power source

MANILA, Philippines — President Ferdinand Marcos Jr. floated the idea of utilizing nuclear energy, stressing the need to diversify the country’s energy source. During his visit at the Singapore Nuclear Research and Safety Institute (SNRSI) on Saturday, Marcos highlighted the country’s need to learn from Singapore’s capabilities in nuclear technology. “Our goal is to secure an energy future where Filipino families and businesses have access to sufficient, affordable

Context & Analysis

Philippine electricity has long been shaped by a mix of geothermal, hydro, coal, natural gas, and renewables, with supply reliability often tested by weather, fuel prices, and grid constraints. For businesses, this translates into planning risk: factories weigh backup generators, data centers assess redundancy, and exporters compare operating costs against neighboring countries. Any serious move toward nuclear power would therefore be read as an attempt to add a firm, low-carbon baseload option that can run continuously and reduce exposure to volatile fuel markets.

The Singapore visit also signals a policy preference for learning from compact, safety-focused nuclear systems rather than immediately jumping into large domestic plant construction. For Manila, the appeal is not just technology but governance: licensing, waste management, emergency preparedness, and public communication will shape whether the project advances. The Department of Energy, energy regulators, Congress, and local communities would all have roles to play, and the legal framework around nuclear safety and civil liability would need to be clarified before any commercial deployment becomes realistic.

For consumers, the near-term impact is likely limited. Nuclear projects typically take years from planning to first power, and tariffs are affected by a wider set of factors, including generation costs, transmission charges, distribution losses, and regulatory fees. The more immediate benefit may be strategic: a credible long-term supply plan can improve investor confidence and give utilities room to plan grid upgrades without relying on emergency capacity or short-term fuel purchases.

What to watch next is whether the government moves from diplomatic engagement to concrete policy steps, such as feasibility studies, site assessment, regulatory reform, or partnerships with technology providers. If those steps appear, the issue will shift from energy diversification rhetoric to a practical debate over financing, safety standards, and how much nuclear power can realistically contribute to the national grid in the coming decade.

Analysis by IJE Software — original commentary on the story above.

This is an excerpt. Read the full article at the original source:

Source: manilatimes.net

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