Connect with us

Hi, what are you looking for?


Next Philippine Energy Plan to propose share of nuclear power

THE Department of Energy (DoE) said the Philippine Energy Plan due out in September will include the expected share of nuclear power in the energy mix.

“The nuclear studies will be in the Philippine Energy Plan which is scheduled to be completed by September. By law we have to submit it to Congress every September. The review is ongoing, we have a draft and are seeking internal comment,” Energy Assistant Secretary Mylene C. Capongcol told reporters at a forum.

She said the updated energy plan will also discuss the policy direction for renewable energy, downstream oil, natural gas, energy efficiency, electric vehicles, and the clean energy transition.

The current energy plan covers the 2020-2040 period and focuses on increasing the share of renewable energy. The DoE has said that it is also looking at extending the planning horizon to 2050.

Ms. Capongcol said that the DoE is studying the technologies available such as small modular reactors, the feasibility of rehabilitating the Bataan Nuclear Power Plant, and the 19 milestone requirements set by the International Atomic Energy Agency for introducing nuclear power.

To date, the Philippines has accomplished one of the milestones, which is the development of a national position on nuclear power.

The government will retain its target share for renewable energy at 35% by 2030 and 50% by 2040, Ms. Capongcol said. — Ashley Erika O. Jose

Enter Your Information Below To Receive Free Trading Ideas, Latest News, And Articles.
Your information is secure and your privacy is protected. By opting in you agree to receive emails from us. Remember that you can opt-out any time, we hate spam too!

You May Also Like


A LEGISLATOR is calling for the removal of eTravel registration for incoming international passengers, saying that removing the requirement will help attract more visitors....

World News

LONDON — A panel of global health experts were set to meet on Thursday to decide if COVID-19 is still an emergency under the...

World News

LONDON – US oil and gas production grew rapidly in the first two months of 2023 – a delayed response to the high prices and upturn in drilling that characterized much of...


THE Philippine Solar and Storage Energy Alliance (PSSEA) said it asked the Energy Regulatory Commission (ERC) to raise the green energy auction reserve (GEAR)...

Dislaimer:, its managers, its employees, and assigns (collectively “The Company”) do not make any guarantee or warranty about what is advertised above. Information provided by this website is for research purposes only and should not be considered as personalized financial advice. The Company is not affiliated with, nor does it receive compensation from, any specific security. The Company is not registered or licensed by any governing body in any jurisdiction to give investing advice or provide investment recommendation. Any investments recommended here should be taken into consideration only after consulting with your investment advisor and after reviewing the prospectus or financial statements of the company.

Copyright © 2023 All Rights Reserved. Spirit