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Marcos eyes micro nuclear fuel technology to address power crisis
President Ferdinand R. Marcos Jr. is looking into utilizing advanced micro nuclear fuel technology from US-based Ultra Safe Nuclear Corporation (USNC) to help resolve the Philippines' energy supply issues.
Malacañang announced that the Marcos administration prioritizes ensuring a steady energy supply while also promoting renewable energy.
USNC CEO Francesco Venneri expressed interest in establishing the company's first nuclear energy facility in Southeast Asia, specifically mentioning the island of Mindoro as a potential location to address its recurring blackouts.
The company aims to provide clean and reliable nuclear energy to the Philippines and vowed to assist in mitigating the country's power supply problems.
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See how different news organizations are covering this story. Below are the original articles from various Philippine news sources that contributed to this summary.
House Speaker Ferdinand Martin Romualdez supports President Ferdinand "Bongbong" Marcos Jr.'s initiative to pursue nuclear energy as a way to lower electricity costs.
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US firm NuScale Power Corporation is interested in investing in the Philippines and plans to conduct a site study for its small modular reactor (SMR) technology.
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