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Philippines takes 'major step' towards using nuclear power

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The nation once built Southeast Asia’s only nuclear facility in the 80s. FMTNews

MANILA: The Philippines has taken a big step towards tapping nuclear power, its energy minister said on Wednesday, after President Rodrigo Duterte created an inter-agency panel to study the adoption of a national nuclear energy policy.

Nuclear power is seen as a potential answer to the Philippines’ twin problems of precarious supply and Southeast Asia’s highest electricity costs, but Duterte has yet to express full support for Cusi’s proposal. The Philippines spent US$2.3 billion to build what was Southeast Asia’s only nuclear power facility, but never used it.

Cusi welcomed Duterte’s move as “a major step towards the realisation of a Philippine nuclear energy programme” that would “help shield our consumers from traditional power price volatilities”.

 

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