Philippines aims to launch commercial nuclear power by 2032

By Candice Kim Posted : September 27, 2024, 14:32 Updated : September 27, 2024, 14:32
This photo shows Manilas view Getty Images Bank
This photo shows Manila's view. Getty Images Bank
SEOUL, September 27 (AJP) - The Philippine government has unveiled plans to start operating commercial nuclear power plants with a minimum capacity of 1,200 megawatts by 2032. Sharon Garin, Undersecretary of the Philippine Department of Energy, announced this goal at the International Atomic Energy Agency (IAEA) General Conference in Vienna, Austria. The country aims to gradually increase nuclear power capacity to 4,800 megawatts by 2050.

In preparation for this nuclear initiative, the government is working to establish an independent regulatory body to oversee the safety and development of the nuclear program. This move demonstrates the Philippines’ commitment to responsible and secure nuclear power implementation. To further advance its nuclear aspirations, the country will host the International Nuclear Supply Chain Forum in Manilla this November, providing a platform for both local and international stakeholders to explore collaboration opportunities.

President Ferdinand Marcos, who took office in 2022, has been pushing for nuclear power adoption to address chronic power shortages and reduce greenhouse gas emissions. In November 2022, the Philippines signed a "123 Agreement" with the United States for nuclear cooperation, allowing the country to receive nuclear technology and materials from the U.S.

As the Philippines moves forward with its nuclear plans, it has garnered international interest and support. The U.S. and Japan have agreed to assist in developing human resources for the country’s civilian nuclear power program. Additionally, South Korea has expressed its desire to be the optimal partner for the Philippines in this endeavor, highlighting the potential for regional cooperation in advancing the nation’s energy sector.
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