The country aims to have its first nuclear power plant by 2032, joining Asian counterparts in turning to the emissions-free power source for its booming electricity needs.
The government will prioritise legislation focused on nuclear safety, and ensure that legal and regulatory frameworks are in place to safeguard public health, environmental protection and national security, the Department of Energy said in a release on Wednesday.
It will also work to establish an independent nuclear regulatory authority to oversee the development of the programme.
The Philippines will seek to have at least 1,200 megawatts (MW) of commercially operational nuclear capacity by 2032, rising to 4,800MW by 2050, said Sharon Garin, the energy department’s undersecretary. That compares with the nation’s total energy capacity of about 28,400MW at the end of 2022, according to BloombergNEF data.
Nuclear power is being considered across emerging markets for round-the-clock generation to meet rapidly rising power demand and reduce dependence on fossil fuels.
Vietnam and Indonesia are also considering its adoption, while the US is also looking to restart shuttered facilities. — Bloomberg
