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Government is open to using alternative energy sources to alleviate issues, according to PBBM

In an effort to alleviate the nation’s electricity problems, the administration is looking for alternative power sources, according to President Ferdinand R. Marcos Jr. on Thursday.

According to the Philippine Nuclear Research Institute (PNRI), Marcos acknowledged that the nation had a power supply issue when he remarked in a media interview that the government is open to all potential new sources of electricity.

To lessen dependency on fossil fuels, he added one alternative is to develop the nation’s renewable energy sources further.

As a result, we are considering each of them because the evaluation that our power supply is inadequate is accurate, which is why we are doing so. What else are we able to do? Find fresh resources. That is what we are attempting. The situation with renewable energy sources is also getting better. Still, he said we may have discovered some other technologies that don’t require a lead time of six or seven years.

“We’re open to everything when it comes to power. To add to our power supply, we can do so at any time. As long as we can, we should always use renewable energy sources in addition to fossil fuels to increase our supply of electricity. Of course, we consider increasing renewable energy sources to decrease our reliance on fossil fuels.

According to Marcos, the administration also considers using nuclear technology as a backup plan.

“Well, we’ve been discussing nuclear for quite some time. Pinag-uusapan na namin tingnan ‘yan (we have been debating how to tap it), at least since even before I assumed office. As it turns out, there are a variety of nuclear technologies. ‘Yung nasa EU kami, marami palang iba-iba (We learnt a lot from our recent visit to Washington and then – even when we were in EU, we discovered that there are numerous technologies),’ he remarked.

During his five-day official visit to the US, Marcos spoke with US businesses that provide nuclear technologies for use by the government and industry.

The Oregon-based NuScale Power Corp., known for creating a secure, modular, and expandable small nuclear power system, is anticipated to invest USD6.5 billion to USD7.5 billion (PHP415.5 billion) to supply the nation with 462 megawatts by the early 2030s, according to the Presidential Communications Office.

Additionally, Marcos met with US-based Ultra Safe Nuclear Corp. (USNC) representatives, a company specializing in nuclear technologies and services.

USNC representatives showed enthusiasm in providing the Philippines with safe and dependable nuclear energy, calling the move “probably a very important way for us to enter the market.”

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This article is for informational purposes only and does not constitute endorsement of any specific technologies or methodologies and financial advice or endorsement of any specific products or services.

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