Eastern Visayas has begun developing its budget proposal for 2023, using the Regional Development Council's…
There is no funding in the 2023 budget for nuclear power plants that are idle.
According to the Department of Budget and Management (DBM), the national government’s proposed 2023 budget does not include funding for the restoration of the Bataan Nuclear Power Plant (BNPP).
Amenah Pangandaman, the budget secretary, acknowledged that there was no funding allocated for the idled nuclear power plant in the 2023 National Expenditure Program (NEP).
At a press conference held by the Palace, Pangandaman declared, “For the Bataan Nuclear Power Plant, wala po tayong budget (we don’t have a budget).”
The former president Ferdinand E. Marcos Sr., the father of current President Bongbong Marcos, oversaw the construction of the BNPP in Morong, Bataan. Because of security reasons, it was never deployed.
The Department of Energy (DOE) will receive PHP2.2 billion in total under the 2023 NEP for its initiatives that would guarantee the provision of reasonably priced and dependable energy.
From this sum, PHP476 million will go toward the Alternative Fuels and Technologies Program, Energy Efficiency and Conservation Program, and Program for the Development of Renewable Energy.
President Marcos Jr. declared his aim for the government to build additional power plants to boost the level of energy output in the nation in his first State of the Nation Address on July 25.
“We must consider every alternative that might be suitable for the situation in the Philippines. There is a very small amount of room to increase our current power supply using existing power sources. We need to construct new power plants. The best technologies now in use must be utilized, especially in the area of renewable energy, he stated.
A better balance between conventional and renewable energy sources must always be the goal of the government’s hunt for new power sources, according to Marcos.
According to him, the government will encourage investment by making clear the murky upstream gas policy, notably in the region near Malampaya.
Marcos stated he wanted to “re-examine” the government’s plan to construct nuclear power plants across the nation, though he did not directly reference the BNPP.
The International Atomic Energy Agency (IAEA) regulations for nuclear power plants that have been “strengthened after Fukushima” are something else he stated he also wanted to make sure the government would follow.
New technologies that enable smaller scale modular nuclear plants and other derivatives thereof have been created in the field of nuclear power, he continued.
He also mentioned that the financing of the nation’s efforts to switch to nuclear power would involve public-private partnerships. (
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