The Department of Energy (DOE) is actively taking steps to meet the international nuclear regulatory standards in preparation for the development of nuclear power in the Philippines.
In a report by the Business World, Energy Secretary Raphael P.M. Lotilla emphasized the government’s commitment to meeting the requirements outlined by the International Atomic Energy Agency (IAEA).This includes establishing a stable policy framework and accumulating positive public support.
Lotilla added that the department is in its initial stages of crafting a national policy and strategy for nuclear energy safety. This policy will transparently showcase the government’s dedication to achieving fundamental safety goals and embracing safety principles set forth by the IAEA.
Newer nuclear technologies, such as small modular reactors (SMRs), are positioned to enhance the role of nuclear power in the country’s energy mix.SMRs can address the increasing need for power system adaptability and find applications in industrial and hydrogen production.
The energy secretary added that nuclear energy represents a sufficient and environmentally friendly source and plays a crucial part in the decarbonization strategy. It could also complement renewable energy efforts, reduce emissions in the power sector, and enhance electricity security.
Felino M. Bernardo, COO of Thermal Business Group of Aboitiz Power Corporation,highlighted the importance of creating a regulatory body and providing clear signals to developers to drive progress. He pointed out the need for contract terms under the competitive selection process (CSP) to align with the lifespans of nuclear power plants, which can operate for several decades.
Meanwhile, AboitizPower is in the early stages of development and is collaborating with nuclear technology solution providers and stakeholders. Bernardo believes that nuclear power will play a substantial role in the Philippines’ energy mix, and it’s a matter of finding the right technology fit for the nation’s needs.
Last year, President Ferdinand R. Marcos, Jr., signed an executive order directing the government to explore the introduction of nuclear energy into the country’s energy mix.